Market Rate
Ismael Leyva Architects Selected for Flushing Mixed-Use Project
The seven-story building will feature 103 rental apartments, 31 of which will be designated as affordable. The development is slated for completion in late 2019.
Fort Worth Multifamily Community Changes Hands
The property is situated within the 63-acre Waterside mixed-use development and offers quick access to the Arts District and Downtown.
NJ Community Changes Hands for $43M
The 12-story residential property is located in the heart of Fairview in Bergen County and that drove investor interest. The Fairview was renovated in 2017.
American Landmark Acquires South Florida Portfolio
The $106 million transaction includes two properties—Siena and Hidden Harbor—encompassing 492 units.
Besyata Investment, Scharf Group Buy VA Community for $38M
The joint venture acquired a property which has not changed hands in more than 10 years. The new owners plan to capitalize on a renovation program implemented by the seller.
Lexington Corp. Sells St. Louis-Area Community
The buyer, Siesta Coast Capital, paid $4.3 million for the 120-unit multifamily asset. The property last changed hands in mid-2008 for $4.5 million.
Denver Community Secures $55M Freddie Mac Loan
The 436-unit Aurora property built in 1972 encompasses 26 buildings. HFF arranged the seven-year loan on behalf of the borrower.
Seattle-Area Community Sold for $173M
Los Angeles-based Decron Properties entered the Puget Sound market with the acquisition of Avana 522 in one of the largest transactions in the region this year.
StoneBridge Buys 346-Unit Durham Community
HFF assisted with the sale and also worked on the new owner’s behalf to secure a $28.9 million Freddie Mac loan for the acquisition. TH Real Estate sold the garden-style asset.
First Phase of Baltimore Development Opens
Once completed, the Center\West project will have 2,853 apartment units, 20 percent of which will be set aside for workforce housing.