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Revitalizing Kansas City’s Columbus Park
Known as the metro’s “Little Italy,” the neighborhood is one of several areas near downtown to welcome innovative redevelopment initiatives.
Westmount Sells 362-Unit Houston Community
The Beverly Palms has received $1 million in improvements over the past six years, including a newly painted exterior, architectural enhancements and updated common areas.
NorthMarq Arranges Refi for OC Community
The Sares-Regis-owned Aliso Creek Apartments in Aliso Viejo includes 535 units, three spas, 866 parking spaces and a cyber cafe.
On the Market: 5 Interesting Listings for the Week of 5/28
This week’s listings include a newly constructed community proximate to the East Bay’s diverse employer base and two properties within walking distance of Illinois State University, among others.
Dallas-Area Property Receives $47M Construction Loan
The 308-unit Tower Bay Lofts will be built using Federal Housing Administration financing. The project obtained a “residential” wage decision, resulting in significant savings for the developer.
Planned Durham-Area Project Lands $17M Loan
Trez Forman CEO Brett Forman originated the loan, which will help the borrower in the acquisition of a 138-acre parcel slated for the construction of an 880-unit property.
Kidder Mathews Arranges Sale of San Diego Coastline Community
The company’s Merrick Matricardi, Jim Neil and Eric Comer worked with ACRE on behalf of the buyer. The oceanfront property is one of the few of its kind in the county.
On Demand Webinar: Building and Managing Your Online Reputation
Learn how to make property reviews work for you. Join MHN and social media marketing and management PaaS provider, SOCi for a 60 minute webinar on the latest best practices in reputation management.
Greystone Brown Facilitates $35M Atlanta-Area Transaction
Pennington Pointe, located in Marietta, Ga., previously traded in 2016 for $27.6 million, a sale which was subject to a $22 million Fannie Mae loan, due 2023.
Kennedy Wilson Sells $422M Portfolio
The six communities comprise a total of 2,199 units and are located across California, Nevada, Washington and Oregon.