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FCP Sells 5-Community Portfolio for $328M
The private equity investment firm divested 2,490 units in the Washington, D.C., suburbs.
HFF Closes 92-Acre Land Sale in NC
The Halle Cos. paid $11 million for the site in Apex, a suburb of Raleigh, which it plans to transform into a mixed-use development.
City of Detroit Invests $1.6M in Revitalization of Four Neighborhoods
The planning and design contracts refer to housing, reimagining open land, leveraging economic development and more.
JLL Acquires Premier Apartments in Chicago’s West Loop
Chicago’s West Loop has been established as the new epicenter of the city’s technology and creative job growth, attracting blue-chip employers from both the Central Business District and surrounding suburban areas.
JMF Emerges as 2016 TOD Leader
The company has been designated the redeveloper of a number of high-profile New Jersey projects.
Waterton Expands LA Portfolio
Candlewood North marks Waterton’s fifth multifamily acquisition in 2016 and its seventh in the Los Angeles area.
Presidium Adds Two Communities to DFW Collection
Presidium plans to implement value-add upgrades to both assets, which include interior renovations as well as exterior and community area enhancements.
Chicago Presidential Towers Land $250M Financing
HFF secured the 10-year, fixed-rate loan on behalf of Waterton Residential.
HFF Secures Loan for Colorado Springs Community
The company worked on behalf of AP Investment Group to place the $3.6 million loan through Freddie Mac’s CME Program.
Hunt Mortgage Facilitates $7M Refi for Multifamily Property
The Freddie Mac loan will be used to refinance Stone Crossing Apartments, a 142-unit apartment community in Springfield, Ohio.