News

AvalonBay Obtains $185M Refi for 3 Properties

The portfolio features 1,384 units located in Woodland Hills and Los Angeles, Calif., and in Laurel, Md. Bellwether Enterpise facilitated the loans.

Finance & Investment

Forge Partners Sells San Antonio Asset

JLL arranged the sale on behalf of the company. The 50-year-old, 202-unit Parker Apartment Homes presents significant value-add opportunities.

Slideshow

Berkadia Completes $61M Sale of Seattle Community

Carroll’s Creek Landing is in close proximity to various shopping options including Walmart, Best Buy and Target. The 288-unit community serves as military housing.

Military Housing

Regions

Change City

Luxury FL Community Sells for $118M

Walker & Dunlop closed the investment sale for The Quaye at Palm Beach Gardens. The company worked on behalf of HG Management and PGIM Real Estate purchased the community in July.
Miami 21 August 2017 17:08
Marcus & Millichap Capital Arranges $36M for NC Apartments

The company worked with PGIM to securing the financing for Aurora Apartments in Charlotte. The loan was structured with an adjustable interest rate over a seven-year term amortized over 30 years.
Charlotte 21 August 2017 17:07
PAH Unveils Revitalized CA Affordable Asset

Following a $31.9 million renovation, the Colorado Park Apartments in Palo Alto reopened. The asset is Palo Alto Housing’s oldest property in its portfolio.
San Jose 21 August 2017 15:53
Northern NJ Community Trades for $41M

Gebroe-Hammer Associates represented both parties in the sale of Crest Ridge Apartments, a 178-unit, garden apartment community located in West Orange, N.J.
New York 21 August 2017 15:47
TH Real Estate Picks Up 228-Unit FL Community

The Nuveen affiliate acquired The Atlantic at East Delray in Delray Beach for $54.3 million. A joint venture between Pollack Shores and its equity partner sold the 1996-built asset.
Miami 21 August 2017 15:13
Economy Watch: Consumers Feeling Good This Summer

The University of Michigan's latest sentiment survey reveals that consumer confidence in August reached its highest level since January, indicating a positive overall outlook for the U.S. economy.
National 21 August 2017 14:35
Deadline Extended: 2017 Top Owners Survey

Don't miss out on the chance to participate in the MHN-CPE 2017 Top Owners survey! The information you provide will determine which firms have the best owned property portfolios.
National 21 August 2017 14:30