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Timberland Breaks Ground on MN Asset
The 222-unit Elevate at SouthWest Station Apartments, located in the Twin Cities suburbs, is scheduled for completion by August 2019.
Mazis Family Trust Buys 19-Unit San Diego Community
Located at 4560 Florida St., in the University Heights neighborhood, the 1970-built property features a mix of 13 two-bedroom and six one-bedroom units.
Positive Investments Buys CA Community
Keller Williams Commercial Studio City represented the company in its purchase of the 10-building, 86-unit property, located in Compton.
Main Street Residential Acquires $20M GA Property
The 214-unit View 75 in Marietta will be rebranded under the company’s Signature name and undergo a $2 million renovation.
South Texas Asset Receives $40M Refi
Meridian Capital Group arranged the financing for Watermark Residential’s 324-unit property located in Corpus Christi. Israel Schubert, Peter Martz and Akiva Friend facilitated the deal.
Kidder Mathews Negotiates Sale of 24-Unit Community in San Diego
Located at 1770 Evergreen St., in the city’s Point Loma Heights neighborhood, the 1965-built property features a mix of one- and two-bedroom apartments.
Berkadia Brokers $42 Million AZ Sale
Senior Managing Director Art Wadlund and Director Clint Wadlund, both from the company’s Tucson office, represented Aerie Development in this disposition of a 183-unit asset.
RADCO Trades Atlanta Property for $24M
Strategic Holdings financed the acquisition of the 161-unit property with a $19.9 million Freddie Mac loan.
82-Unit Redevelopment Property Debuts in NJ
The Hampshire Cos., Claremont Cos., NAI James E. Hanson and Provident Bank began work on an 119,000-square-foot building in Hackensack. The asset is part of the city’s rehabilitation plan.
Middleburg Launches Lakeside Project in Savannah Suburb
Lake views, a resort-style saltwater pool and electric vehicle charging stations will mark Mosby Lakeside, a 316-unit community scheduled to start leasing in spring 2019.