Midwest
Peak Campus Adds 2 Midwest Assets to Portfolio
The company will manage Campus View and University Meadows, two student housing communities totaling 1,272 beds. The properties are located in Missouri and Michigan.
Going With the Flow in Knoxville
Recent population gains sustain a strong demand for apartments across the metro, boosting development, which is on track to exceed the cycle average this year.
Nashville Asset Lands $31M HUD Loan
LSA Capital will begin extensive renovations to Haynes Garden Apartments, a 208-unit affordable housing property with 17 buildings.
Pathway to Living Acquires MI Senior Housing
Elmcroft of Kentwood in Kentwood includes 69 assisted living and 12 memory care units. The company will undertake a capital improvement program that will include upgrading interiors and adding additional spaces to support a wellness-focused lifestyle for residents.
Chicago’s Hartman Building Lands $45M Financing
Walker & Dunlop arranged the construction loan through HUD. The funds will go into turning the office building into a multifamily property.
NorthMarq Capital Arranges $20M for St. Louis Community
Hibernia Apartments, a 100-unit property, includes a 16,000-square-foot ground-floor retail space that will be filled by a grocery store.
CBRE Facilitates Sale of 540-Unit KY Community
Shamrock Communities sold Mallgate of St. Matthews to Sundance Bay for $42.5 million. CBRE’s Steve LaMotte, Dane Wilson, Bryan Flaherty and Eric Nelson represented the seller.
Covenant Capital Taps 4 New Execs
E.W. Weathersby Jr., Dan Barber, Dani Wills and Justin Spickard join the organization’s senior leadership team as the firm forms a new steering committee.
Affordable Housing Coming to St. Paul
Dominium is building Legends of Woodbury, a 216-unit senior housing development in Woodbury, Minn. The community will include a pub and card room, a theater, an arts and crafts studio and a beauty salon.