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Axonic Properties Sells St. Petersburg Residential Asset
GPK Holdings paid almost $18 million for the 138-unit property, financing the purchase with a Freddie Mac loan from CBRE.
Revamped DC Community Trades for $14M
The seller invested more than $1.5 million in capital improvements at Glenwood Apartments.
Houston Community Receives $23M Loan
Voya Financial provided the three-year mortgage to fund the acquisition of Oak Grove Apartments.
NNC Apartment Ventures Buys Las Vegas Asset for $52M
Berkadia facilitated the transaction with a Freddie Mac loan set to mature in 2030.
Swerdlow Group to Launch Construction of Miami’s Block 55
The 1.5 million-square-foot mixed-use project is scheduled to break ground next month.
Manhattan and Brooklyn Rents Continue Uptick
Corcoran’s latest report shows that rents throughout the two New York City boroughs rose across the board.
Triumph Properties Closes First Deal in Phoenix
The Beverly Hills-based firm acquired a 308-unit multifamily property on the city’s north side.
Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.
Black Bear Capital Partners Lands $107M in NYC Loans
The financing will benefit a series of properties totaling 624 units across the Bronx, Manhattan and Brooklyn.
George Smith Partners Secures $30M Construction Loan
The financing will be used to break ground on The Cartee, a project in downtown Boise, Idaho.