Market Rate
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.
San Diego Community Trades for $23M
Property West Residential purchased the 60-unit Class B multifamily asset near one of the city’s major universities.
Single-Family Rental Homes Receive $2.5B Boost
Global City Development and Leste plan to deliver 10,000 homes nationwide through a new platform.
Advenir Sells Colorado Springs Property for $69M
Newmark Knight Frank originated a $48.2 million, 10-year Freddie Mac acquisition loan for the buyer.
Castle Lanterra Sells Revamped Atlanta Asset for $45M
The company acquired the 322-unit Landing Square community in December 2016 for $32 million.