Market Rate
LMC Launches Leasing at FL Community
The Whitney, a 386-unit mixed-use property in Fort Lauderdale, offers trendy amenities such as coworking spaces and smart-home technology packages for select units.
CIM Group Breaks Ground on Final Phase of LA Mixed-Use
Upon completion, the project will offer a total of 338 units—32 of which will be designated as affordable—and 58,300 square feet of retail space.
Emma Capital Buys Atlanta Property for $36M
The Toronto-based company has expanded its presence in the U.S. with the acquisition of a 392-unit community located in the Northlake suburb.
New Charleston Asset Receives $32M Freddie Mac Loan
Grandbridge Real Estate Capital closed the 11-year, non-recourse financing for an upscale property completed last year.
Suburban San Francisco Community Refinances
Ravello Holdings completed work on the 128-unit luxury property in June. The new, $42 million financing package retires a nearly $30 million construction loan.
Hunt Real Estate Secures Financing for Dallas Asset
The new owner will implement a capital improvement plan which will include upgrades to the interior and exterior areas of the 134-unit garden-style community.
Western Wealth Capital Moves Into Atlanta
The company acquired its first property in the area, with the $22 million purchase of the 200-unit community in the metro’s Jonesboro/Bonanza submarket.
Sundance Bay JV Buys St. Louis-Area Community
Shore to Shore Properties was the seller of the 318-unit Class C multifamily asset. The buyer financed the purchase with a $13 million loan from Grandbridge Real Estate Capital.
Praedium Group Acquires FL Community for $94M
Completed in 2017, the property is located in a designated opportunity zone in Pompano Beach, Fla. The seller is ZOM Living.
JV Lands $156M Financing for VA Property
HFF arranged the floating-rate loan for Modera Avenir Place on behalf of the owner, a partnership between Mill Creek Residential Trust and institutional investors advised by J.P. Morgan Asset Management.