Market Rate Housing - South

  • On the Market: 4 Interesting Listings for 2/12

    This week's listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.

    16 February 2018 14:32
  • Phoenix Realty Acquires $28M Tampa Asset

    Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.

    16 February 2018 14:28
  • Legacy REI Group to Buy Dallas-Area Community

    Dougherty Mortgage teamed up with Old Capital Lending to arrange the acquisition financing of Sierra Point, a 212-unit market-rate community in Irving, Texas.

    15 February 2018 19:36
  • TX Community Lands Fannie Mae Refi

    Dougherty Mortgage arranged the financing for Tribecca Pointe Apartments, a 178-unit property in Hurst, Texas. The 12-year loan has a 30-year amortization schedule.

    15 February 2018 19:08
  • Houston Garden-Style Community Trades Ownership

    The 229-unit community is located in the Katy/Cinco Ranch/Waterside submarket in southwest Houston and offers units ranging from 620 to 1,326 square feet.

    14 February 2018 15:14
  • Berkadia Secures Loan for $97M Florida Buy

    Robbins Electra sold the 542-unit property to Advenir. Freddie Mac originated the $80 million value-add, three-year loan.

    13 February 2018 15:33
  • Advenir Acquires $97M South FL Community

    Berkadia closed an $80 million Freddie Mac loan to fund both the acquisition and planned renovations of the 542-unit property.

    09 February 2018 15:53
  • Starlight Acquires 250-Unit Atlanta-Area Community

    Landmark at Coventry Pointe, 95 percent occupied at the time of the transaction, has multiple large employers nearby, including the Gwinnett County Public School System, Publix and Walmart.

    09 February 2018 13:35
  • AndMark Increases AR Footprint

    Trinity Multifamily will handle management of the company’s latest acquisitions, three apartment communities totaling more than 200 units across the state.

    08 February 2018 16:03
  • CBRE Arranges $57M Financing for 837-Unit Portfolio

    Bill Chiles, Scott Peterson and Brian Cruz of CBRE’s San Diego office worked on behalf of Strata Equity Group, which purchased three properties in North Carolina, South Carolina and Kentucky.

    08 February 2018 11:37
  • HFF Arranges Refinancing for TX Community

    Working on behalf of Chappell Hill Investment Group Inc., the firm secured a 10-year, fixed-rate loan for Chappell Oaks in Belton.

    06 February 2018 17:19
  • Dougherty Secures Dallas Acquisition Loan

    The company closed on the 12-year Fannie Mae financing in partnership with Old Capital Lending. The 106-unit garden-style community sits less than one mile from Interstate 35E.

    06 February 2018 16:10
  • Berkadia Lends a Hand in $21M Atlanta Sale

    Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matthew White worked on behalf of the seller, HandyTrac Systems.

    05 February 2018 09:40
  • Napali Acquires 3rd Atlanta Asset

    The company plans to invest in structural improvements, in-unit upgrades and property rebranding. Strategic Management Partners will handle operations at the community.

    02 February 2018 17:28
  • Prudent Growth Fetches 110-Unit NC Asset

    Senior Investment Advisor Nathan Vaughan of Waterstone Multifamily Group brokered the transaction, which marks the company’s first acquisition in the eastern part of the state.

    02 February 2018 16:50