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Dougherty Closes Acquisition Loan for Dallas-Area Community
Working on behalf of Spanish Chase LLC, Dougherty Mortgage secured a $4 million loan for the acquisition of a 77-unit community in Irving, Texas.
Walker & Dunlop Closes $33M Refi
The Freddie Mac Green Up funds were used for the acquisition of The Place at Castle Hills, a 680-unit garden-style community located in the Hill Country Village submarket of San Antonio.
NAPA Ventures Sells San Antonio Asset
The company sold Morgan Manor, a 157-unit property located in San Antonio’s Oak Hills Country Club submarket, to Sylis Real Estate.
HGI Acquires $1.8B Portfolio
Comprising 9,677 units across 25 communities, the properties are located in Philadelphia, Chicago, Baltimore, Boston and metro Washington, D.C. The company purchased the portfolio from Lone Star Funds.
On the Market: 5 Interesting Listings for the Week of 11/27
This week’s listings include a ’20s-era property in the heart of New York’s East Village and a spacious, extensively remodeled community in San Diego.
$95M San Fran Mixed-Use Development Gets Green Light
The project, designed by KTGY Architecture + Planning and developed by Trammell Crow Residential, will feature 127 apartments and more than 9,300 square feet of retail and creative workspace.
Bay Harbor Island Development Site Commands $21M
Colliers Senior Vice President Larry Stockton led the team that represented both the seller and the buyer in the transaction.
Harbor Group Nabs Orlando Asset for $97M
Berkadia arranged $66 million in financing for the firm’s acquisition of Elan Audubon Park, a 449-unit community spread across 12 buildings.
Cardinal Group Snags $35M CO Asset
TSB Capital Advisors arranged a $20.8 million, 10-year, fixed-rate term loan for the purchase of Uptown Broadway, a 116-unit community in Boulder. The loan was provided by KeyBank and is held by Freddie Mac.
BPDA Approves 660-Unit Brighton Development
The approximately 600,000-square-foot project, developed by Cabot, Cabot & Forbes, will include 98 affordable units and 510 parking spaces.