Regions
Berkadia Facilitates $52M Loan for VA Luxury Project
The upcoming 450-unit luxury community will be situated in Fredericksburg, Va., along Jefferson Davis Highway. The Breeden Co. estimates a total investment of $85.5 million.
Out-of-State Investor Grabs Baltimore Apartments
Sage Management sold the 56,000-square-foot Windsor Arms in a deal facilitated by SVN REALSITE. The community includes market-rate and subsidized units.
CA Quartet Scores $146M Financing
Watermarke Properties’ communities, totaling 930 units, are located in Orange County, Corona and Fair Oaks. HFF secured four separate 10-year, fixed-rate securitized loans with Freddie Mac’s CME Program.
AMAC Lands Manhattan Property for $59M
The company plans to make upgrades to the mixed-use community, which includes 83 units and seven retail spaces.
2018’s Best Smart Home Devices
User-friendly, easy to set up and compatible with various hardware: These are some of the qualities to expect from the year’s top offerings.
IEC Buys CA Workforce Housing for $134M
Surf at 39, a 400-unit property in Huntington Beach, was built in 1972 and includes two swimming pools with spas, a business center and a dog park.
CBRE Secures $321M Portfolio Sale
The nine-property portfolio includes communities located in Indianapolis, Memphis, Tenn., Oklahoma City and Cincinnati, totaling 1,803 units. Milhaus developed, constructed and managed the majority of the portfolio.
CBRE Indianapolis Names New EVP
Starting his career at CBRE in 1994, Steve LaMotte led the Central Midwest Multifamily and has been involved in the sale of more than $3 billion of apartment product.
HFF Secures $10M Financing for AZ Community
The apartment community is located with multiple golf courses and parks. According to Yardi Matrix data, monthly rent averages $1,008.
Wood Partners Commences Potrero Hill Development
The seven-story apartment community will contain 172 units along with 6,700 square feet of retail and additional PDR space on its ground floor.