Regions
Seattle Apartments Open Half Leased
Jasper by Alta, a 91-unit apartment complex on 35th Ave. NE in Seattle, has opened after being under construction for a year. According to the developer, Wood Partners, the property opened more than half leased.
TODAY’S DEALS: 52-Story Condo Breaks Ground in San Fran
Principal, Urban Pacific begin a phase II condo project; Marcus & Millichap sells a 212-unit asset near Houston; and Walker & Dunlop closes on a $5.6 million loan.
Next Phase of Austin TOD Has Launched
Construction on Phase II of Midtown Commons, the Texas Capital’s first transit-oriented development, is underway.
Partners Buy New Dallas-Area Apartment Complex
The Praedium Group and Internacional Realty have joined forces to acquire the Residence at the Collection, a 312-unit multifamily property in metro Dallas, for an undisclosed price.
Trammell Crow Residential (TCR) Merges with GLJ Partners
Trammell Crow Residential and GLJ Partners recently announced a merger of the two firms.
TODAY’S DEALS: Pollack Shores Completes $23.6M Purchase in Orlando
Pollack Shores buys a 396-unit asset; Passco Companies acquires a property in Alabama; and Centerline Capital closes $46.7 million in loans for one borrower simultaneously.
All-Glass Luxury L.A. High-Rise to Break Ground in September
A 22-story, 290-unit apartment community will break ground in September in the South Park district of Los Angeles.
Tallest Building in Europe Officially Inaugurated
The Shard, standing at 310 meters (1,016 feet), is officially the tallest building in Europe.
Trigild’s Liquidation Plan for SCI’s $1.6B Investment Portfolio
Trigild’s CEO has been appointed liquidating trustee over the bankruptcy of Secured California Investments Inc. and SCI Real Estate Investments LLC.
TODAY’S DEALS: HFF Closes Sale of $130M Loan
HFF sells a loan secured by a Charlotte asset; MG Properties buys two California communities; and The Community Development Trust and LINC Housing Corp. form a joint venture to purchase a 60-unit asset in California.