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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.
In Case You Missed It: MHN’s Top 5 Posts in October
Miss any of our articles? Catch up with five of our most popular posts for the month.
CBRE Brokers $56M Denver Portfolio Sale
Laramar Group purchased The Rise, The Edge and The Vue in Cherry Creek. David Potarf, Dan Woodward and Matthew Barnett represented the seller, Granite Peak Properties.
Dallas-Area Community Changes Hands
The 68-unit community in Carrollton, Texas, has a mix of studio, one-, two- and three-bedroom units. The asset was recently renovated.
NXT Capital Provides Financing for Dallas Acquisition
The 252-unit multifamily community is three miles from downtown Dallas and has direct access to the Santa Fe Trail.