Market Rate
DMA Development Co. Announces New Mixed-Income Asset in Austin
Talavera Lofts will encompass 92 units, 90 of which will lease for rental rates affordable to households with incomes ranging below 30 to 60 percent of AMI.
Cushman & Wakefield Arranges $43M Sale of Southwest Florida Community
Executive Directors Nick Meoli and Mike Donaldson represented the seller, Symcor Capital Properties, in the disposition of a 312-unit community in North Port, Fla.
The NRP Group Expands Florida Footprint
The Cleveland-based company opened its 10th property in the state, a 274-unit market-rate community in Pinellas Park.
Charlotte Community Scores $40M Recap
Acre Valley Real Estate Capital has joined with Blaze Partners as a new equity partner on the 384-unit apartment community.
Bascom Group Scores $235M Refi
The refinancing is for an 11-property multifamily portfolio spread across five states.
Albuquerque Community Changes Hands
Cooper Street Capital financed the acquisition of the 154-unit Lexington Place with a $7.9 million, 5-year acquisition loan from Washington Federal.
Thriving Texas Suburb Attracts American Landmark
Completed in 2018, Four Corners Apartments is an upscale community in Frisco, some 30 miles north of Dallas.
Frankforter Group Buys Tampa-Area Asset for $59M
Cortland sold the 448-unit community in Lutz, Fla., after six years of ownership. The buyer plans more capital improvements to the 1986-vintage property.
GEM Realty Pays $72M for Asheville Community
The recently completed property is located in historic Biltmore Village and includes nearly two dozen affordable units.
Cedar Grove Capital Buys North Carolina Community
Greystone provided the buyer with $13.2 million in Freddie Mac financing for the 144-unit multifamily asset.