Regions
TODAY’S DEALS: Raleigh Apartment Community Trades for $12M
MHA brokers a 200-unit sale in Raleigh, N.C.; Berkadia arranges $50 million for a retirement community in Portland, Ore.; and Franklin Street brokers the $2 million sale of a Georgia apartment property.
Preleasing Begins on Chattanooga Luxury Development
Housing Trust Group has begun preleasing at a new luxury community in Chattanooga, Tenn. Rents range between $850 and $999 per month.
Two Birmingham Apartments Change Hands
A private investor acquires two adjacent Birmingham apartments with plans to combine the assets. Beech Street arranged financing, while Multi Housing Advisors brokered the sale.
Modern Spaces Achieving Success in Lease-Up of Woodside, N.Y. Building
The Icon52, a Tsilo Group development in the Queens neighborhood of Woodside, has already leased more than half of its 66 units in little more than three weeks.
TODAY’S DEALS: NorthMarq Secures $12M Refinance for Oregon Multifamily Asset
NorthMarq arranges a $12 million refinance for a 207-unit asset; Hamilton Zanze buys a Las Vegas apartment community; and Hybrid Capital arranges $8.5 million in financing for 80 units in Brooklyn, N.Y.
Ocean Land Set to Begin Work on Fort Lauderdale Condos
Ocean Land Investments has unveiled designs for two Fort Lauderdale condo developments that recently received city approval.
Treetop Enters Philadelphia Market with Acquisition of 502-Unit Community
Treetop Development has purchased Charter Court at East Falls, a 502-unit high-rise community located in Philadelphia.
The $47.3 million acquisition represents Treetop’s first venture in the MSA.
TODAY’S DEALS: Wood Partners, Boston Capital JV Sell Arizona Apartment Asset
Baron Properties picks up an Arizona asset from a joint venture; NorthStar Income II originates a $39.2 million senior loan secured by a Virginia apartment; and Eastern Consolidated markets a Queens, N.Y. beachfront apartment property for $7.9 million.
FAU Student Housing Community Receives Construction Financing
A partnership between Rosemurgy Properties, Giles Capital Group and Lewis Rental Pro has received construction financing for University Park, a to-be-built, 159-unit, 599-bed student housing community in Boca Raton, Fla.
The Marketing Directors to Provide Leasing and Marketing Services at NYC Community
CBSK Ironstate selects The Marketing Directors as the marketing and leasing consultant for a luxury community to be built at 200 East 39th Street in Manhattan.