Market Rate
$111M JV to Develop Major Mixed-Use Project in Chicago
Guggenheim Real Estate selected two partners to renovate a two-tower community and expand the site into a large mixed-use project in the Illinois Medical District.
Olympus Property Nabs 2 Multifamily Assets in DFW
The assets kicking off Olympus Property’s sixth fund add as many as 773 units to the company’s portfolio.
Mercer Island Apartment Development Starts Pre-Leasing
The 209-unit community from Legacy Partners is scheduled for completion later this year.
Dallas Community Lands $15M Refi
Hunt Mortgage Group lined up a Fannie Mae loan facility for the acquisition and rehabilitation of the 436-unit Magnolia Creek community.
Metro Salt Lake City Apartments Sell for $52M
Marcus & Millichap arranged the deal in Utah’s capital city, which has seen considerable population growth since 2010.
Bascom Group Finds Green Pastures in Redlands
An Inland Empire community is the firm’s 37th multifamily buy in just the past 12 months.
Yardi Matrix: Tampa’s Triumph
The Tampa-St. Petersburg-Clearwater metro’s multifamily market has had an exceptional run over the past year, thanks to robust demand driven by healthy job and population growth.
Greystone Provides $49M Refi for 2 Senior Housing Communities
The real estate lender provided the Freddie Mac loans for two assisted living and memory care facilities.
Buckingham Cos. Buys Value-Add Asset in Indianapolis
Tikijian Associates brokered the sale of Barrington Estates Apartments, a 144-unit community on the city’s affluent north side.
HFF Secures $16M Construction Loan for Heritage Villas
The Vancouver, Wash. community is scheduled for completion in 2017.