Market Rate Housing - South
Cities
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CBRE Brokers Sale of Value-Add Asset in Atlanta
White Eagle Property Group acquired the 228-unit property from Atlantic & Pacific Companies. CBRE’s Shea Campbell, Kevin Geiger, and Don Hoffman worked on behalf of the seller.
11 June 2019 18:48 -
Praxis Capital Picks Up 539 Units in Greater Atlanta
The company acquired two neighboring communities in Stone Mountain, Ga., for a combined $40.4 million. Berkadia provided acquisition financing.
11 June 2019 12:15 -
Tampa Rental Property Commands $26M
The Related Group purchased the 176-unit multifamily asset located in the Bayshore submarket. Cushman & Wakefield represented the seller and secured acquisition financing for the buyer.
10 June 2019 15:48 -
Greystar Buys 668-Unit Houston Community
Avana Eldridge, formally known as AMLI on Eldridge Parkway, changed hands after 15 years. The sale was financed through a $65 million Fannie Mae loan.
10 June 2019 15:15 -
2 Florida Projects Get $67M in Construction Loans
Developers in Miramar and Palm Bay plan to build communities with 280 units and 197 units, respectively. Hunt Real Estate Capital provided the HUD financing.
10 June 2019 13:57 -
Marcus & Millichap Facilitates Sale of 185-Unit Dallas Asset
Republic Funds sold Newport Landing, which at the time of sale was subject to an existing $9.3 million CMBS loan set to mature in 2028.
07 June 2019 20:58 -
Fogelman Acquires GA Community for $34M
The company worked with CBRE in the sale of The Hamptons at East Cobb, a 196-unit community situated 17 miles from downtown Atlanta.
07 June 2019 18:20 -
Arbor Realty Finances Charlotte Acquisition
The purchase brings FriedLam Partners’ Charlotte portfolio to 11 market-rate multifamily properties totaling more than 1,500 units across the metro.
06 June 2019 17:53 -
Olympus Property Grows DFW Portfolio
The new owner financed the acquisition of the 248-unit Olympus Team Ranch in Benbrook, Texas, with a $23.1 million, 10-year Freddie Mac loan.
06 June 2019 17:11 -
Passco Buys 380-Unit San Antonio Community
Situated within the 1.8 million-square-foot The RIM mixed-use development, Tribute at the Rim grants access to the metro’s major employers.
06 June 2019 16:28 -
Atlanta-Area Community Changes Hands
Bridge Investment Group acquired a 308-unit multifamily property in western Gwinnett County. CBRE assisted the seller in the disposition.
06 June 2019 15:21 -
StoneBridge Investments Expands Atlanta Footprint
The company acquired a 196-unit property in the Atlanta suburb of Sandy Springs, Ga., from an affiliate of The Milestone Group.
05 June 2019 14:24 -
Taurus Buys Tampa Community for $50M
The private equity firm scooped up the 280-unit asset for its new value-added multifamily fund. Providence Management Co. sold the property located in the Carrollwood neighborhood.
05 June 2019 14:08 -
Trammell Crow Starts Work on Texas Apartments
The developer’s residential arm, together with Principal Real Estate Investors, has broken ground on the final phase of Crestview Commons in the North Central submarket of Austin.
04 June 2019 14:08 -
NC Community Changes Hands for $34M
Carlisle Residential Properties sold the 237-unit asset in Greensboro to Grimley Residential in a transaction arranged by Cushman & Wakefield.
03 June 2019 13:20