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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.
Western National, Banner Oak Capital Launch Multifamily JV
The new partners plan to invest in multifamily projects throughout California’s major markets through acquisition and ground-up development projects.
American Landmark Buys $311M Texas Portfolio
The company added six properties located in the Austin, Dallas, Houston and San Antonio metro areas to its rapidly growing platform, which gained more than 10,000 units last year.
CS Acquisition Group Sells 272-Unit IN Community
The Lakewood, N.J.,-based company sold a 16-building multifamily asset in Beech Grove to a private investor. The property was 95 percent occupied at the time of sale.
IPA Brokers $30M Phoenix-Area Transaction
Senior Managing Directors Cliff David and Steve Gebing worked on behalf of both parties involved in the sale of a 265-unit community in Mesa.
FCP Grows Atlanta-Area Presence with $18M Buy
The purchase of the 150-unit The Fields East West Commons in Austell marks the buyer’s third acquisition in the area this year.