Market Rate
E&M Management Buys 2 NY Properties
The two communities, located in Port Ewen and Kingston, traded for $44 million. The purchase was funded with a $33 million loan.
Gebroe-Hammer Arranges $26M Sale in Bethlehem, PA
The townhome community comprises two-, three- and four-bedroom units and is located near the city’s historic center, as well as several large employers.
Arcan Capital Picks Up Atlanta-Area Apartments
The 102-unit community, situated approximately 14 miles from Atlanta’s urban core, will undergo more than $2 million in renovations.
Sage Equities Lands Atlanta Refi
Grandbridge Real Estate Capital’s Alan Tapie originated the nonrecourse refinancing package of more than $25 million, which will enable the owner to implement energy and water efficiency measures.
AndMark, Trinity Increase GA Footprints
The property, which contains a 115-unit mix of one- and two-bedroom apartments, sits on 18.3 acres approximately 10 miles south of Macon.
MG Properties Buys 312-Unit Sacramento-Area Community
Located at 6801 Leisure Town Road in Vacaville, CBRE arranged a $55.9 million Freddie Mac acquisition loan for North Pointe Apartments on behalf of the buyer.
Talonvest Secures $7M Acquisition Loan
The firm arranged the loan on behalf of Multifamily Investment Partners for a 42-unit community in Van Nuys, Calif.
JV Buys 400 Units in VA
The partnership acquired 77 buildings of the total 95 at the Newport News community. The acquisition is the fourth for Brick Lane in this area, and the first for Red Starr in the last five months.
SOJO to Develop Brownstones in North San Antonio
The SOJO Commons townhomes will be energy-efficient and solar ready, with prices starting from the $500,000s to the $800,000s.
CIM Group Breaks Ground on CA Project
Plans for the eight-story building call for more than 300 apartments above street retail in Oakland’s Jack London Square district.