National
TODAY'S DEALS: MG Properties Buys Seattle Asset for $18.5M
MG Properties group buys a Seattle asset from an affiliate of Goodman Real Estate; Primedia completes its purchase of Rent.com; and Beech Street arranges a $10 million CMBS loan to refinance a student housing asset.
TODAY'S DEALS: Aragon Completes Kansas City Acquisition
Aragon Holdings breaks the 3,000-unit mark with its most recent purchase; Beech Street provides a $20.2 million refinancing loan for a Miami community; and Preferred Apartment Communities lands a mezzanine loan for a 140-unit community with an option to purchase.
Wood Partners LLC Announces 388-unit Alta Alameda Station Development
By Gabriel Circiog, Associate Editor Wood Partners LLC has announced plans to build a 388-unit transit-oriented community in the historic Baker district of Denver. Alta Alameda Station will be built on over five acres of land at 275 Cherokee Street, west of S. Broadway. The community will be directly across from the Alameda Light Rail […]
Apartment Industry Has Solid First Quarter
The National Multi Housing Council, in its latest Quarterly Survey of Apartment Market Conditions, reports that the U.S. apartment industry is still chugging along at a robust pace.
TODAY'S DEALS: Scion, Virtus Acquire Student Housing Community
HFF provides acquisition financing for a joint venture acquisition; Questar Properties opens a new 561-unit property in Anne Arundel County, Md.; and Centerline Capital provides a $11.6 million DUS facility for a student housing purchase.
Survey Reveals Housing Discrimination Still Major Issue in United States
According to a recent survey, community-based organizations reported that housing discrimination is still a major problem in the United States for the disabled, immigrants and families with children, among others.
TODAY'S DEALS: ARA Breaks State Record with Oklahoma Sale
ARA brokers a $77 million sale in Oklahoma; Hendricks & Partners negotiates a $38.5 million sale on behalf of TIC sellers; and Sterling University Housing sells a 122-unit community in Ohio.
TODAY'S DEALS: Berkeley Point Provides $22.7M for Alabama Acquisition
Berkeley Point lands a $22.7 million acquisition loan for a property in Alabama; Holliday Fenoglio Fowler lands a large marketing contract in Chicago; and Grandbridge Real Estate Capital closes on a $61.8 million Fannie Mae acquisition financing.
TODAY'S DEALS: Health Care REIT, Chartwell Complete $936.5M Purchase in Canada
Heath Care REIT and Chartwell Seniors Housing acquire 42 assets in Canada; Beech Street provides $16.3 million for a 296-unit asset in Florida; and Walker & Dunlop supplies a $15.9 million Freddie Mac CME loan to HAP property.
TODAY'S DEALS: EBSCO Buys 240-Unit Asset in Georgia
EBSCO Income Properties buys a Georgia apartment community for $17.3 million; Newmark Grubb Knight Frank arranges for the sale and purchase of two bank-owned properties; and ARA announces the sale of a 1939 property in Miami’s South Beach.