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Equity Residential Makes $165M Boston Sale
ING Group provided LaSalle Investment Management and Jefferson Apartment Group with more than $104 million in acquisition financing for a rental community in the city’s Fenway-Kenmore neighborhood.
Cortland Sells Charlotte Community for $107M
Anson at the Lakes, a Class B multifamily asset with nearly 700 units, last changed hands in early 2015 for $60.2 million.
Upgrades Boost Fort Worth Asset’s Appeal
Greysteel arranged the sale of a 53-unit community in Fort Worth. Recent capital improvements attracted investors and will enable future rent increases.
Jacksonville Community Trades for $13M
Berkadia originated nearly $11 million in Freddie Mac acquisition financing for the buyer of the 162-unit partially affordable property in the southeastern part of the city.
Canada Invests $357M in Affordable Housing
The Canada Mortgage and Housing Corp. will build and fund more than 700 new rental housing units for middle-class families in Toronto.
Berkadia Arranges Indianapolis Community Sale
Director Chris Bruzas and Senior Managing Director Alex Blagojevich negotiated the deal on behalf of the seller, Barrett Asset Management.
Miami River Walk: An Atypical Waterfront Development
Mast Capital CEO Camilo Miguel Jr. discusses his company’s largest ground-up project to-date. He also shares his insights on the future of the burgeoning Miami River, a district with more than 1,000 linear feet of direct water frontage.
CBRE to Boost UK Multifamily Presence
By taking over Telford Homes, the company will expand Trammell Crow’s real estate development business into the United Kingdom’s budding build-to-rent housing market.
Eller Capital Buys NC Community for $19M
Carroll Org. sold the 188-unit multifamily asset less than a year after acquiring it as part of a 40-property portfolio.
$1B Bay Area Development Hits Construction Milestone
The development team, which includes two Trammell Crow companies, broke ground on the 68-acre redevelopment of a former Naval Air Station in Alameda, Calif., in March of last year.