Market Rate

George Smith Partners Snags $30M For L.A. Development

The investment banking firm secured $30 million in bridge financing for 3.5 acres of land for multifamily development and a 68,834-square-foot office building in Hollywood, Calif.

Samantha Goldberg - April 8, 2016

Cabot Crossing Apartments, Lowell, Mass.

Boston

CBRE/New England Arranges Financing for 252-Unit Property Near Boston

The 252-unit Cabot Crossing, owned by Taurus Investment Holdings and PhilMor Real Estate Investments, was built in 1986 and last traded hands mid-2013 for $20.25 million.

Bogdan Odagescu - April 8, 2016

Deals

Cedar Grove Capital, ROSS Take Over Chesterfield Apartments

Cedar Grove Capital has acquired Chesterfield Apartments in Winston-Salem, N.C., tapping ROSS Management Services to manage the property and help upgrade the community.

Samantha Goldberg - April 7, 2016

Deals

Champion Buys Village Green Hills Apartments in Nashville

An 82-unit multifamily community in Nashville was sold for $22.5 million to Los Angeles-based Champion Real Estate Co.

Adelina Osan - April 7, 2016

Floorplans at The Element at Cedar Bluff

Deals

Berkadia Closes $10M Financing for 223-Unit Knoxville Community

The acquisition and complete renovation of The Element at Cedar Bluff was facilitated by a $10.1 million loan from Berkadia.

Adelina Osan - April 7, 2016

Deals

Dominion Realty Partners Enters the Charlottesville Market

DRP’s newest development, Fifth Street Place, will be the newest apartment community in Charlottesville, Va., marking the company’s first project in the market.

Samantha Goldberg - April 6, 2016

Architecture & Design

Moinian Group Builds up Manhattan’s Far West Side

The Moinian Group continues its long-term investment in Manhattan’s Hell’s Kitchen with a 165-unit residential project at 572 11th Ave. and a Class A office tower in the Hudson Yards district.

Samantha Goldberg - April 5, 2016