National
TODAY'S DEALS: Alder, ECI Announce Two Luxury Towers
The Alder Group and ECI Group acquire land for two luxury towers in Florida; IPA completes a $13.5 million sale for Beachworld Residential; and NAI Hunneman’s Investment Services Group brokers a $1.6 million sale of a four-unit condo building.
MAA Buys 230-Unit Buckhead Apartment Community
By Georgiana Mihaila, Associate Editor Memphis, Tenn.-based MAA, an apartment-only real estate investment trust, recently added the 230-unit Allure in Buckhead Village community to its portfolio of over 49,000 apartment units spread throughout the Sunbelt region of the U.S. While the company is currently selling several of its Atlanta-area assets and an acquisition was not […]
TODAY'S DEALS: Praedium, McDowell Buy California Asset
The Praedium Group and McDowell Properties purchase a 200-unit community; HFF refinances a seniors housing community in California; and Madison Realty Capital completes a $21.5 million note and deed purchase for a Brooklyn property.
Highwoods Properties Buys $26M Building from its Partner
by Adriana Pop, Associate Editor Highwoods Properties Inc. has purchased full ownership of a 178,300-square-foot office building in Cary from its joint venture investor, in a transaction valued at $26 million. Highwoods had developed the four-story building located at 11000 Weston Parkway in 1998. One year later, the company sold 77 percent ownership in the property […]
TODAY'S DEALS: JLL Secures $93M of Development Capital for San Jose Project
JLL closes financing for a $93 million multifamily development in San Jose; Kennedy Wilson buys a 409-unit asset in Sacramento; and American Realty Advisors buys a 62-unit luxury asset in Brooklyn.
TODAY'S DEALS: MAA Buys a 230-Unit Community in Atlanta
MAA completes a 230-unit purchase in Atlanta; IPA brokers the sale of Sentinel Real Estate’s 216-unit Lakes of Northdale near Tampa; and Centerline Capital provides a $39.6 million refinancing transaction.
TODAY'S DEALS: ARA Brokers $18.5M Sale in South Carolina
ARA brokers the sale of two assets; Associated Estates buys an L.A. office with plans to build apartments; and NorthMarq Capital arranges a $15.5 million mortgage for a Washington, D.C., property.
TODAY'S DEALS: Manhattan Mixed-Use Asset Trades for $23.7M
Marcus & Milichap sells a 177-unit mixed-use asset in Manhattan; and Enterprise closes the first ever Green Refinance Plus Fannie/HUD loan.
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.