News

RADCO Secures $32M for FL Community

Reflections Apartments in Casselberry, Fla., includes 336 units. The company plans to invest $5 million in capital improvements.

Finance & Investment

Hunt Mortgage Facilitates $8M Acquisition Loan

The company worked on behalf of Thalhimer Stratford to secure financing for the purchase of Stratford at Williamsburg, a 156-unit apartment community in Williamsburg, Va.

Market Rate

New Supply Tempers Rent Growth in San Antonio

In recent years, the city has been riding favorable demographic trends, healthy job creation and a high demand for apartments. The metro’s population continues to grow at nearly three times the national rate.

Research Center

Regions

Change City

Marcus & Millichap Arranges $12M Sale of VA Property

Altay Uzun, a multifamily specialist, and Christian Beck, an office property investment specialist, were part of the company’s Hampton Roads team that brokered the deal. A private investment entity based in New York purchased the 160-unit asset in Virginia Beach.
Midatlantic 20 October 2017 15:02
FCP Snags 4th Charlotte Community

The company paid $22 million for Hunters Pointe Apartments, 386-unit community in the University area. Capstone Apartment Partners represented the seller, Asia Capital Real Estate.
Charlotte 20 October 2017 14:53
Suburban Philly Property Trades for $34M

The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.
Philadelphia 20 October 2017 14:03
Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets

Smaller metros with lower wage growth or constrained housing stocks could see rents rise the most from the Amazon HQ2, notes a new Apartment List report.
National 20 October 2017 13:55
Luxury Downtown LA Community Debuts

4D Development & Investment’s 115-unit property on Grand Avenue will be managed by Moss & Co.
Los Angeles 20 October 2017 13:51
Affordable Orlando Property Receives $17M HUD Loan

Dougherty Mortgage arranged the financing for Landon Pointe Apartments, a 276-unit community managed by Dominium. The transaction involved the re-syndication of an existing LIHTC project.
Orlando 20 October 2017 13:39
HFF Secures $77M Construction Loan for NC Project

Senior Managing Director Travis Anderson, Managing Director Justin Good and Senior Directors Cory Fowler and Allan Lynch worked on behalf of the developer, ZOM Living. The Florida-based company is building a luxury community in Charlotte.
Charlotte 20 October 2017 12:17