News

Minneapolis Project Lands $130M Financing

The Legacy, a joint venture between Provident Real Estate Ventures and Shamrock Properties received a senior loan from PCCP.

Condo

Texas Apartments Change Hands

RailField Realty Partners has acquired Cedars of San Marcos, a 168-unit property in San Marcos. The company plans to spend approximately $2 million on renovations.

Finance & Investment

Berkshire Group Completes Record Mixed-Use in Boston

The company developed The Benjamin and VIA, part of the $600 million One Seaport development, the largest project in the area in more than 30 years.

Luxury

Regions

Change City

Greysteel to Market 2 Dallas Properties

The Bailiwick and Tree Top include a total of 100 units and are roughly 50 years old. The company markets the properties as value-add opportunities.
Dallas 26 September 2017 15:06
HFF Arranges Financing for Denver Property

The 209-unit community received a 10-year, fixed-rate loan. Peak 4420 had an occupancy rate of 99.5 percent as of August.
Denver 26 September 2017 14:29
Marcus & Millichap Secures Saint Paul Community

The 25-unit community is located in the Merriam Park neighborhood, between downtown Minneapolis and downtown St. Paul. 1880 Marshall Avenue was built in 1964 and renovated in 1978.
Midwest 25 September 2017 21:38
Top 10 Communities Under Development in Dallas

Having a business-friendly climate and no state income tax, the city is an important target for both domestic and foreign investors. As a result, it leads the U.S. metros in units under construction.
Dallas 25 September 2017 21:35
Honolulu Community Secures $105M in Refinancing

HFF secured the loan on behalf of developer Avalon Group for 7000 Hawaii Kai Drive, a 270-unit community that includes two 10-story buildings and 216 market-rate and 54 affordable units.
Honolulu 25 September 2017 18:38
JV Lands $40M Twin Cities Affordable Community

Aeon and The Community Development Trust purchased Seasons Park Apartments, a 422-unit community in Richfield, Minn. The transaction marks Aeon’s largest acquisition and the second-largest investment for CDT.
Midwest 25 September 2017 16:58
Denver Workforce Housing Commands $53M

Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.
Denver 25 September 2017 16:28