Market Rate
698-Unit Southeast Portfolio Changes Hands
Cushman & Wakefield and Avison Young brokered the sale of three communities within two separate transactions.
Starwood Capital JV Breaks Ground on Nashville Community
The mixed-use Novel Edgehill project will include 270 units, coworking space and 6,000 square feet of retail.
Buchanan Funds $55M Construction Loan in SoCal
Serrano Development Group is building a 163-unit mixed-use residential and retail development in Azusa, Calif.
Miami Community Changes Hands
CBRE arranged the sale of Shorecrest Club Apartments, located at the entrance of the metro’s Upper East Side and MiMo Districts.
CBRE Arranges $46M Sale in Denver
The team of Dan Woodward, David Potarf, and Matt Barnett negotiated the deal on behalf of the seller.
Herman & Kittle Expands Indiana Presence
The company has opened two new communities: Ashford Park in Columbus, Ind., and The Vue in Indianapolis.
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.
Transwestern, S2 Capital Sell DFW Community
The owners renovated and repositioned The Morgan, located in the suburb of Bedford, Texas, before its disposition.
Jamestown JV Begins Adaptive Reuse Project in Raleigh
Phase I of Raleigh Iron Works will include renovation of the historic steel mills and the warehouses that were previously part of Peden Steel.
464-Unit East Dallas Community Changes Hands
Dougherty Mortgage secured a 12-year acquisition loan from Fannie Mae on behalf of the buyer.