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Develop Detroit Launches First Communities
The non-profit development firm has acquired two multifamily buildings in Detroit’s New Center area, which it plans to renovate and expand.
BRAD Management Picks up Two South Pasadena Residential Buildings
The financing for the acquisition and renovation of the two assets was provided by Thorofare Capital.
HMG Arranges $24M Refi for 3-Property Portfolio in Ohio
The properties include The Ridge at Taylor Station, Fox Run Apartments and Parkway Apartments.
Madison Realty Provides $63M Loan for NYC Development
The eight-story, 193-unit community will offer residents competitive pricing compared to popular neighborhoods Williamsburg and Park Slope.
City of Detroit Replaces Wigle Rec Center with Residential Units
The redevelopment of two key city-owned parcels will bring 200 new residential units to Midtown Detroit, including affordable apartments.
Greysteel Secures Acquisition Financing for DC-Area Community
The company negotiated a non-recourse loan worth $6.9 million for Landon Court Apartments in Hyattsville, Md.
C&W Secures Acquisition Financing for RADCO
The $32 million loan will be used by RADCO to acquire and upgrade two apartment communities in metro Atlanta and North Charleston, S.C.
Multifamily Portfolio Wins $35M in Refinancing
Hunt Mortgage Group obtained the loans for a single borrower.
Inland Real Estate Expands Charlotte Portfolio
Vanguard Northlake is a newly developed 204-unit apartment community in a desirable part of the city.
CBRE Brokers Record Sale in Indianapolis
The sale of Lakeshore Apartments marks the largest single-property multifamily transaction on record in Indianapolis.