Market Rate
JLL Finances Little Rock Multifamily Acquisition
The buyer, a joint venture between MLP Investments and Vesta Realty, paid more than $13 million for the 280-unit Class B community.
$320M San Francisco Project Gets Capital Infusion
Stockbridge Capital Group is reportedly investing $130 million of equity into 1629 Market St., a fully entitled, 420-unit development that will offer a mix of affordable and market-rate.
Origin Investments, Sherman Associates Break Ground on Metro Denver Project
Aspire of Westminster is part of the 105-acre Downtown Westminster master-planned development on the former site of a regional shopping mall.
Houston Community Receives $11M Refi
Nitya Capital used the loan to retire a prior acquisition financing for the 176-unit Capewood Apartments. Arbor Realty Trust originated the seven-year Fannie Mae loan.
South Texas Community Changes Hands
GVA Real Estate Group took out an $11.5 million Freddie Mac loan to finance the acquisition. JLL Capital Markets brokered the transaction on behalf of the seller.
Hunt Real Estate Capital Secures Acquisition Financing for 2 DFW Properties
Totaling $6.4 million and set to mature in 2029, Hunt Real Estate Capital originated two Freddie Mac acquisition loan for the new owner.
CAPREIT Buys Community for $70M
The firm has added to its Canadian portfolio Willoughby Walk, a 191-unit newly constructed property located in Langley, British Columbia.
TruAmerica Adds 448 Units to Atlanta Portfolio
The company acquired a Class B community in the suburb of Lawrenceville in the third transaction of the year in the area. So far, the deals have expanded TruAmerica’s local footprint by 1,150 units.
Wood Partners Breaks Ground on Suburban Dallas Community
The 288-unit Alta 289 in Plano is slated for completion in late fall with preleasing beginning in the summer.
Top Multifamily Completions in Orlando
The metro added more than 7,600 units to its inventory during the 12 months ending in March, with mixed-use communities with retail components leading the way, according to Yardi Matrix.