Regions
Suburban Denver Apartments Receive $33M Refi
Oak Grove Capital has originated a $33 million Fannie Mae permanent loan for the refinancing of Cascade Village Apartments, a market-rate complex in Westminster, Colo.
St. Louis-Area Senior Housing Gains Capital Infusion
Two low-income senior housing developments in the St. Louis suburb of Shrewsbury, Mo., will gain a much-needed capital infusion of $6.6 million from the AFL-CIO Housing Investment Trust.
TODAY'S DEALS: Pearl Properties Lands $66M Construction Loan
Peal Properties lands a $66.3 million construction loan via HFF; Colliers completes two apartment sales in Arizona; and NorthMarq arranges a seven-year $17.8 million acquisition loan with an interest-only feature.
MHN Interview: D.C. Development Trends for Multifamily
William Hard, vice president and principal of LCOR, a D.C.-based development company, and vice chair of ULI Washington, talks to MHN about multifamily trends in the D.C. area.
Manhattan Multifamily Sales Jump in First Quarter
According to a report by Ariel Property Advisors, New York multifamily sales increased 34 percent in the first quarter of 2012.
Seniors Housing Sees Occupancy Uptick
Seniors housing occupancy saw an uptick in the first quarter of 2012, according to the most recent report on the industry by NIC MAP.
TODAY’S DEALS: Iconic Silicon Valley Multifamily High-Rise Tower Commands $118M
Institutional Property Advisors arranged the sale of 360 Residences, a high-rise tower in San Jose; and Northmarq closed on $10.86 million in refinancing for an assisted living facility in Colorado.
Wood Partners to Build North Carolina Luxury Rental Community
The new, highly walkable Park West Village in Morrisville, N.C., will be the site of a luxury apartment community called The Bristol, developed by Wood Partners LLC.
Resmark Apartment Living to Develop Two Apartment Communities in Chula Vista
By Gabriel Circiog, Associate Editor Resmark Apartment Living, a division of The Resmark Companies, has teamed up with ColRich to develop two apartment communities in southern San Diego County. Located in the Eastlake master-planned community in Chula Vista, the 19.6-acre development site is just south of the Olympic Parkway and Wueste Road intersection adjacent to […]
SCP Acquires Oklahoma City Apartment Community
Chicago-based Strategic Capital Partners has acquired Quail Springs, a 276-unit apartment community on Oklahoma City’s northeast side.