Market Rate
JPL Snags Nashville-Area Apartment Project
The 304-unit Villages at Peytona Downs will be part of the master-planned Greensboro Village, which features residential, retail and office space.
Colorado Community Under New Ownership Through HFF
Prior to the sale, the 185-unit, garden-style community was 90.3 percent occupied, according to data provided by Yardi Matrix.
URS Capital Partners Nabs Distressed Apartment Community
The company plans to invest $4 million in the property’s renovation, crucial to an extensive rebranding process that will include renaming the community as The Flats at East Atlanta.
HSL Lands $22M Refi for Phoenix Asset
Hunt Mortgage Group has arranged a 10-year Fannie Mae loan for the 232-unit Desert Sands Apartments in Casa Grande, Ariz.
Summerhill Brings 994-Unit Project to Santa Clara
Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, Nuevo will be the city’s largest master-planned housing development since Rivermark.
Preferred Closed the Sale on 2 Communities Totaling $114M
The properties, located in Kansas City, Kan., and Atlanta, have an annualized return of 19.1 percent.
Bascom Group Nabs $94M Orange County Community
The company plans to upgrade and modernize the 406-unit infill asset, which was built in 1972.
Construction of $62M Cleveland Tower to Start in June
Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.
Greystone Brown Real Estate Brokers Sale of Atlanta Community
The buyer acquired the property for $6.1 million and plans to invest $10,000 per unit in renovations.
Denver Mixed-Use Project Lands Construction Loan
The 190-unit development will also include 12,000 square feet of retail space.