Regions
TODAY’S DEALS: MHA Brokers $18.5M Sale in South Carolina
Multi Housing Advisors brokers the $18.5 million sale of Walden Oaks in Anderson, S.C.; and Walker & Dunlop provides $62.5 million for apartments in Southern California.
Benenson Capital, Rose Partners Team on Brooklyn Mixed-Use Project
Benenson Capital Partners has forged a joint venture partnership with Rose Associates to develop a mixed-use tower in downtown Brooklyn. The two family-owned firms have a solid track record together in New York City.
Quilvest, Greystone Join Forces to Buy Apartment Properties
Greystone and Quilvest & Partners have formed a joint venture to acquire U.S. multifamily assets. According to the partners, the initial target markets will be in the Southeast, mid-Atlantic and Midwest.
TODAY’S DEALS: Grandbridge Closes $33.3M for South Carolina Acquisition
Grandbridge closes financing for a 325-unit acquisition in South Carolina; Berkadia originates $9.1 million for a Washington buy; and NorthMarq Capital secures a 12-year bank refinance loan for affordable housing in Hoboken.
MHN Interview: Alexandra Johns will Lead Resmark’s Washington, D.C. Office
“We seek out builders and developers whom we hold in high esteem, and who have unique experience and understanding of the submarkets in which they are active.”
Embrey Developing MF in Colorado’s Ken Caryl Ranch
Embrey Partners is developing a luxury 250-unit, Class-A multifamily community in Colorado’s prestigious Ken Caryl Ranch neighborhood.
Investors Snap Up Suburban Denver Apartments for $40M
RedPeak Properties has sold two Colorado apartment communities that total 360 units. ARA brokered the two separate sales.
Stonemark Adds Another 1,600 RADCO-Owned Units to its Portfolio
Stonemark Management has expanded its management partnership with The RADCO Cos. in a big way.
TODAY’S DEALS: The Connor Group Acquires a 194-Unit Asset
Klingbeil Capital sells an Ohio apartment to The Connor Group; Marcus & Millichap brokers a $10.8 million student housing sale in California; and Centerline Capital Group secures $3.8 million in acquisition funding for a multifamily property.
Related California Begins Rehab of Berkeley Public Housing Units
Related California has acquired 75 units in 15 public housing sites from the Berkeley Housing Authority. The new partnership will renovate the units with the goal of improving a component of the city’s housing inventory for large families.