Regions
TODAY'S DEALS: Stiles Breaks Ground on Mixed-Use Development
Stiles begins a 321-unit mixed-use development in Florida; Concordia buys two seniors housing assets; and Meridian’s Carlsbad, Calif., office arranges over $100 million in financing in its first year.
College in South Carolina Gets Luxury Student Housing
New student housing is being developed near Coastal Carolina University in Conway, S.C. HighBridge Properties, a real estate advisory and brokerage firm, has been named as the exclusive advisor to market and sell the community.
Post Brothers Secures $52M Loan for Philly Multifamily
Residential developer Post Brothers has obtained a $52 million loan for Post Rittenhouse Hill to complete the redevelopment of the Rittenhouse Hill multifamily property in the Germantown section of the city.
The Federated Companies Announces Sale of Multifamily Parcel
In a transaction valued at $4.1 million, a 12-acre Wilmington, Mass., development site has been sold by The Federated Companies to EA Fish Development.
WNC Closes on $100M LIHTC Fund
WNC & Associates, an investor in urban renewal and affordable housing projects, has closed WNC Institutional Tax Credit Fund 35.
TODAY'S DEALS: Waterton Re-Enters Portland Market with $77.2M Purchase
Waterton Associates buys a 554-unit community in Beaverton; IPA brokers the sale of a 460-unit community in California; and Summit Management Services Inc. acquires a luxury community in Fort Collins.
Redesign of The Martin in Las Vegas Coming Up Aces
The $3 million redesign of The Martin, a residential tower near the Strip, has helped create a new niche in the Las Vegas luxury high-rise residential market.
Ground Broken for Arlington Apartments
More multifamily ground has been broken in the red-hot metro Washington, D.C., market with the beginning of Grayson Flats Arlington, a 67-unit apartment building.
TODAY'S DEALS: Camden Sells 456-Unit Asset in Houston
Camden Property Trust sells a Houston asset; Berkeley Point Capital provides $54.8 million to fund an acquisition; and Beech Street Capital refinances two Los Angeles properties.
Walters Group to Begin Construction on Whispering Hills
The Walters Group is set to begin construction this month on Whispering Hills, a 107-unit townhouse that will also offer an additional 52 units of affordable housing up for rent.