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Praxis Capital Expands Atlanta Footprint With $41M Buy
With help from Berkadia, the company has become the new owner of two garden-style communities totaling 420 units.
Stepp Commercial Facilitates Hollywood Sale
The firm represented the seller and procured the buyer in the $10.7 million transaction.
Inland Private Capital Sells Colorado Assets for $73M
The two communities north of Denver reaped a total return of 155.8 percent.
Middleburg Expands North Carolina Footprint
The company is developing Mosby at Riverlights, which will be part of Wilmington, N.C.’s 1,400-acre master-planned community.
CIM Group Picks Up 939-Unit Community in Northern Virginia
The two-tower multifamily property in Falls Church, Va., was built in 1971 and sits in an Opportunity Zone.
Downtown Chicago Tower Changes Hands
Marquee at Block 37 will be owned on a 50:50 basis by Morguard Corp. and Morguard North American Residential REIT.
Stillwater Breaks Ground on Austin Development
The project will deliver the first units in Spring 2021, while the rest of the community is slated for completion later in the year.
Hunt Arranges Refi for Trio of Historic Buildings in Detroit
The company provided a 10-year, fixed-rate Fannie Mae conventional loan for Hibbard Tower, Kean Building and Trombley Lodge.
MG Properties Expands Nevada Portfolio
The firm paid nearly $54 million for Marina Village Apartments located in Sparks, Nev.
Bascom Group Trades Las Vegas Community for $70M
The seller had purchased the 308-unit property four years earlier for a fraction of the price.