Market Rate Housing - South

North FL Development Lands $31M Financing
The Highline, an eight-story, 171-unit project in Melbourne, kicked off construction in June and is slated for completion in early 2020.
Market Rate
South FL Asset Lands Freddie Mac Refi
HFF originated the new $22 million financing package, replacing a previous, floating-rate CMBS loan of $17 million taken in 2015.
Market Rate
Bridge Investment Crosses Into Atlanta Suburbs
The firm purchased the 680-unit Class B community in the metro’s Cumberland/Galleria submarket from Castlegate Properties, which acquired the asset in 2016.
Market Rate

Cities

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    Miami Community Lands $36M Refi

    Miami Stadium Apartments, the former site of the Miami Marlins minor league stadium, was converted to multifamily housing in 2002 and offers a fitness center, a playground and a swimming pool.

    16 August 2018 13:13

  • Greysteel Arranges Acquisition Loan for TX Community

    Lancaster Cornwall Apartments offers 265 units and access to amenities such as two swimming pools, a clubhouse and a fitness center.

    15 August 2018 15:47

  • A Look Inside PMG’s X Social Communities

    Principal Ryan Shear spoke to MHN about the strategy behind the company’s new housing division, projects underway and the unique features of these modern homes.

    14 August 2018 14:27

  • Fogelman JV Expands Southeast Portfolio

    In conjunction with Thackeray Partners, the firm purchased Legends at Charleston Park in Charleston, S.C., and Westridge in Jacksonville, Fla., for a total of $67 million.

    14 August 2018 14:12

  • Pensam Trades San Antonio Community

    Triago Ventures financed the acquisition of the 288-unit multifamily value-add property with a $25 million loan originated by Walker & Dunlop.

    14 August 2018 05:46

  • Gladiator Enters the Ring in SC

    The firm acquired the 272-unit community in Columbia from RealSource for nearly $25 million, with the new owner taking a $14.2 million Freddie Mac acquisition loan.

    14 August 2018 05:42

  • On the Market: 5 Interesting Listings for the Week of 8/6

    This week’s selection of listings includes a garden-style community in the Phoenix area, a recently renovated Seattle asset and more.

    10 August 2018 15:22

  • CBRE Brokers Houston-Area Community Sale

    Senior Vice Presidents Clint Duncan and Matt Phillips represented seller Investors' Property Services in the disposition of the 576-unit Madison Park Apartments, while Executive Vice President Michael Thompson arranged the financing.

    10 August 2018 06:15

  • Brick Lane Picks Up SC Community

    The buyer financed the purchase of the 76-unit townhome property in North Charleston with a 10-year Freddie Mac mortgage.

    10 August 2018 06:13

  • FL Coast Community Changes Hands

    Dougherty Mortgage originated a Fannie Mae loan on behalf of a joint venture to purchase Eagle Point Apartments, a 128-unit market-rate property in Daytona Beach.

    09 August 2018 18:48

  • Quad Property Group Expands FL Footprint

    The company paid $10.8 million for a 152-unit value-add community in Jacksonville, financed by a nearly $8 million Fannie Mae loan.

    09 August 2018 18:45

  • Pollack Shores Grabs Atlanta Asset

    The seller, a joint venture between McCann Realty Partners and Admiral Capital Group, purchased the community in early 2016 for $24.8 million.

    09 August 2018 14:53

  • CBRE Brokers Largest Sale in Orlando History

    A joint venture between GoldOller Real Estate Investments and The Family Office sold two assets and a total of 876 units located in the city’s Altamonte Springs submarket.

    09 August 2018 07:33

  • Palm Beach-Area Community Trades for $26M

    Berkadia’s South Florida office team represented sellers Coast Capital Partners and Naya USA, and arranged the acquisition loan on behalf of the buyer, One Real Estate Investment.

    08 August 2018 14:51

  • RADCO Expands SC Footprint With $30M Buy

    The company has acquired and rebranded two properties offering a combined 300 units in one of Charleston’s fastest-growing submarkets.

    07 August 2018 16:08