Market Rate
Carroll Organization Closes Sale of 180-Unit FL Asset
The 180-unit ARIUM San Remo features two- and three-bedroom townhomes ranging from 1,141 to 1,517 square feet. The company acquired the property in April 2014 as part of its Carroll Multifamily Real Estate Fund III LP.
SF Bay Community Changes Hands
HFF brokered the sale of Atlantic Apartments, a 186-unit value-add, garden-style community in Alameda, Calif., on behalf of the buyer.
Talonvest Secures $21M Refi for CA Property
Bascom San Francisco received the funding to complete the remaining upgrades on LUXE 1801, a 109-unit community in Alhambra, Calif. The company acquired the property in 2015.
Berkadia Brokers Sale of 2 FL Properties for $48M
The two properties include Twenty 35, a 200-unit property in Safety Harbor and The Park at Windsor, a 224-unit community in Northeast Tampa.
Lexington Homes Begins Sales at Chicago Community
Lexington Heritage in Arlington Heights, Ill., offers 48 homes in two styles, the Mews Collection of three-level rowhomes and the Club Collection of two-story townhomes.
JV Buys Stake in 632-Unit Asset
Rockpoint Group and The Brooksville Co. acquired Avalon Run East in Lawrence Township, N.J., from AvalonBay Communities.
Dougherty Arranges Loan for 136-Unit Buy
Dougherty Mortgage closed an $8 million loan for the acquisition of a 136-unit community in Balch Springs, Texas. The national mortgage banking firm represented the borrower.
Dougherty Secures $24M Refi for New AR Community
The mortgage banking firm facilitated the Fannie Mae loan for Bowman Pointe Phase I, a 217-unit property in Little Rock, Ark.
Phillips Secures $19M in Financing for Orlando-Area Project
BG Capital Management will use the loan for the acquisition and renovation of Landmark at Waverly Place, a 208-unit community in Melbourne, Fla.
4-Property LA Portfolio Lands $267M
George Smith Partners arranged the seven-year, fixed-rate, interest-only, non-recourse loans on behalf of G.H. Palmer. The portfolio totals 1,359 units.