News

CBRE Secures $35M Financing for Tampa Student Housing

Horizon Realty Advisors purchased a 206-unit student housing property for $46.6 million. Benjamin Roelke of CBRE secured the long-term financing for the acquisition of Venue at North Campus.

Slideshow

Red Stone Provides Mortgage Capital for LA Senior Housing

The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of a 90-unit portfolio of three affordable rental developments.

Affordable

Economy Watch: Multifamily Starts Dip in July

New projects got under way at an annualized rate of 287,000 units, only the second time in the last 12 months that the pace has fallen below 300,000 units.

News

Regions

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RADCO Lands 7th SC Community for $23M

RADCO plans to invest $3 million in the exterior and interior renovation of Radius at West Ashley, a 198-unit asset in Charleston, formerly owned by Raia Properties.
South 17 August 2017 15:52
Leasing Starts at Murray Hill Marquis Luxury Apartments

The former boutique hotel is being converted into 260 modern no-fee studio and one-bedroom apartments, with rents ranging from $2,575 to $3,450 per month.
New York 17 August 2017 15:27
Balfour Beatty to Develop Student Housing Project in Texas

Texas Woman’s University’s project will house up to 875 students and will feature approximately 30,000 square feet of dining space, beside classrooms, fitness center, exploratory learning and recreation space.
Dallas 17 August 2017 15:22
Greystone Closes $36M Deal for Delaware Acquisition

The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.
Philadelphia 17 August 2017 14:52
Merging the 5 Senses with Tech in Senior Living Communities

Senior living communities are increasingly benefiting from technology, with architects relying on and incorporating tech in many aspects of residents’ lives. Dean Maddalena, president of Texas-based studioSIX5, emphasized the undeniable advantages of providing senior living properties with the latest devices and science discoveries.
National 17 August 2017 13:47
CBRE Brokers Sale of $56M Portland Community

The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.
Portland 16 August 2017 20:46
Cush & Wake Secures $22M NC Community Sale

PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.
South 16 August 2017 17:39