Regions
CBRE Facilitates Sale of 540-Unit KY Community
Shamrock Communities sold Mallgate of St. Matthews to Sundance Bay for $42.5 million. CBRE’s Steve LaMotte, Dane Wilson, Bryan Flaherty and Eric Nelson represented the seller.
Morgan Develops Orange County Apartments
Pearl La Floresta, a 204-unit apartment community in Brea, Calif., includes a rooftop sky lounge, a 24-hour cyber café, a resort-style swimming pool, and barbecue grills.
Robson Opens AZ Luxury Community
Noria, a 237-unit property in Chandler that will open in March, includes a resort-style swimming pool and a whirlpool spa.
Top 10 Denver Submarkets by Sales Volume
With transactions closed in the top 10 submarkets alone having generated more than $4 billion in sales volume, the city emerges as one of the most attractive areas for multifamily investors in the nation.
Quantum Capital Secures $55M for 2 CA Developments
Working on behalf of The Robhana Group, the firm arranged a $16.5 million construction loan for a mixed-use apartment community in downtown Walnut Creek.
Northeast Precast Introduces New Flooring System
Approximately 25 percent lighter than hollow core planks, Prespan eliminates the need for interior structural supports.
Affordable Boston Communities Land $11M Loan
East Boston Community Development Corp. plans to extend the affordability of 111 units in the eastern part of the metro. MassHousing arranged the transaction.
Covenant Capital Taps 4 New Execs
E.W. Weathersby Jr., Dan Barber, Dani Wills and Justin Spickard join the organization’s senior leadership team as the firm forms a new steering committee.
Inland Nabs Denver-Area Community
The property, which sold for more than $50 million, contains 322 units and is located approximately 10 miles from downtown Denver.