Regions
Detroit to Welcome $102M Brush Park Developments
Brush House, Brush 8 and Brush + Watson will bring 367 new units to to the city’s historic neighborhood. About one third of the units will be affordable.
On the Market: 5 Interesting Listings for the Week of 7/23
This week’s listings include a spacious community in west Portland, a 196-unit community just outside of central D.C. and more.
Luxury Denver-Area Community Lands $119M
HFF arranged the five-year, floating-rate loan to replace the existing construction financing for The Forum Fitzsimons, a 397-unit mixed-use property in Aurora.
Trion Properties Grows Portland Portfolio
The company acquired Springbrook Gardens, an 84-unit community located in the Aloha submarket, for $11 million.
On-Campus AZ Student Housing Commands $27M
Harrison Street Real Estate has acquired Century Hall, a 170-unit, 318-bed property at Arizona State University – Polytechnic Campus in Mesa.
AMG Realty Offloads Ohio Community
A private investor acquired the 66-unit asset in Columbus’ North Linden submarket for $2.1 million. This marks the community’s second ownership transfer this year.
Staten Island Skilled Nursing Facility Lands $21M Refi
The new, HUD-insured permanent loan provided by Greystone for the 238-bed skilled nursing facility represents a permanent exit from the prior interim financing.
Pathfinder, Silvergate to Transform Former Convent into Apartments
Little Flower Haven in La Mesa, Calif., closed in 2015 and will be converted into 130 units. Construction is scheduled to begin in the fall of this year.
Kiser Group Brokers South Chicago Multifamily Sales
Noah Birk and Aaron Sklar have facilitated the sale of a four-building portfolio and three other multifamily assets.
Luxury Condo Development Coming to Denver’s LoHi
The property is set to include 44 units and 4,200 square feet of street-level retail. The community was 35 percent pre-sold at the time Knighthead Funding provided construction financing.