Market Rate Housing - South

Michaelson Acquires 520-Unit TN Community
Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.
Market Rate
Greystone Brown Closes Sale of Atlanta Community
The team of Barden Brown, Chandler Brown and Cory Caroline Sams worked on behalf of seller Alexander Properties Group in the $49 million transaction.
Market Rate
CBRE Brokers Sale of Ft. Lauderdale-Area Community
Still Hunter and Chris Smiles of CBRE’s South Florida Multifamily Capital Markets team worked on behalf of the seller in the transaction, while Freddie Mac originated the acquisition financing.
Market Rate

Cities

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    FL Mixed-Use Community Adds Multifamily Component

    Edera at Coconut Point will be the only residential rental property within the 500-acre, master-planned, mixed-use development.

    19 September 2017 16:10

  • CBRE Facilitates Sale of North Houston Community

    Casa Verde Apartments, a 44-year-old, garden-style community, located in north Houston, has been undergoing renovations for the past two years.

    18 September 2017 13:57

  • Miami Community Commands $37M

    Evan Kristol and Felipe Echarte of Marcus and Millichap’s investment team worked on behalf of the private seller to procure the buyer, Blue Rock Partners, for the transaction.

    15 September 2017 17:02

  • LMC to Open 322-Unit Dallas Community

    The first phase of The Briscoe, a community located in Dallas' Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.

    14 September 2017 14:55

  • Capstone Expands Texas Portfolio With 4 Communities

    Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.

    14 September 2017 14:27

  • Southern Land to Develop TX Mixed-Use

    Morada Plano will comprise 183 units and 12,700 square feet of restaurant and retail space across two five-story buildings. Construction is scheduled for completion in 2018.

    13 September 2017 14:13

  • JLL Leads TX Community Transaction

    Canopy Apartments now owns Barcelona Apartments, a 64-unit property located in Kingsville, Texas, and a former asset of Coastal Barcelona. The new manager is 3CM Multifamily.

    12 September 2017 14:35

  • South Dallas Community Snags $10.5M Refi

    Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.

    12 September 2017 14:22

  • Boston Capital Nabs Charlotte, NC Community

    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31

  • Dougherty Closes $9M Loan for Tallahassee Sale

    The company closed a 12-year Fannie Mae financing for the acquisition of a 152-unit market-rate property located within 10 minutes of downtown.

    06 September 2017 13:04

  • Napali Acquires 2nd GA Community

    The company purchased Forest Park Manor, a 100-unit property in Forest Park, and plans to rebrand it as Residences at Stonebrook.

    05 September 2017 16:10

  • IPA Intermediates Sale of Austin-Area Community

    Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.

    01 September 2017 14:56

  • Related Lands $52M for FL Community

    JP Morgan arranged the construction loan for Town Southern, located in Royal Palm Beach. The 392-unit community is scheduled for completion in 2018.

    29 August 2017 15:23

  • ARA Newmark Arranges Sale of 7East in Austin

    The 186-unit community is located in one of the country’s top tech hubs and was 94 percent occupied at the time of the transaction. The property was acquired by GF Properties Group.

    29 August 2017 12:15

  • JV Lands Acquisition Loan for West Dallas Asset

    S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.

    28 August 2017 08:54