Market Rate
Thalhimer Begins Next Phase of Richmond Adaptive Reuse Project
The company acquired the 18-acre lot in 2013. City View Marketplace is set to include 161 units and 13,270 square feet of commercial space.
JLL Income Property Trust Buys Upscale Dallas Asset
The garden-style community is situated within a 2,665-acre, master-planned development, which employs around 100,000 people. JLL Income Property Trust now has a portfolio of more than 2,500 units.
Hampton Roads Community Trades for $30M
Robinson Development Group sold the 183-unit property located in Chesapeake, Va. Built in two stages, Cottage Trails at Culpepper Landing came online in 2015.
Louisville Property Receives $20M Refi
Berkadia South Florida’s Senior Managing Director Charles Foschini and Managing Director Christopher Apone arranged the loan on behalf of property owner CAPREIT.
$21M NY Affordable Housing Redevelopment Opens
Chappaqua Crossing Apartments in Westchester County, the former site of the Reader’s Digest headquarters, features 64 mixed-income units and access to a playground, a clubroom and walking trails.
SoCal Community Sells for $5M
Stepp Commercial brokered the sale of the property located in the Bixby Knolls neighborhood of Long Beach, Calif.
Suburban Phoenix Community Receives $17M
HFF represented the partnership between Western Wealth Capital and an MDC Realty Advisors USA Inc.-managed fund. CIT Bank provided the five-year loan.
Essex Realty Group Brokers IN Community Sale
Mayfield Apartments, a 52-unit, garden-style community near Valparaiso University in Porter County, changed hands for $2.7 million.
Maxus Realty Trades AR Community
The buyer funded the acquisition of the 88-unit market-rate property with a $3.8 million Fannie Mae loan secured by Dougherty Mortgage.
Titan Real Estate Sells Suburban Atlanta Apartments
This is the second multifamily sale completed by Titan this week to have been previously owned by Ares Management.