Regions
Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
Brooklyn Multifamily Development Tops Out
The BRP Cos. is developing the 255-unit, mixed-income Caton Flats project in the Flatbush neighborhood.
NorthRock JV Acquires Phoenix Community for $55M
Berkadia provided the buyer of the 376-unit multifamily asset with a $39 million, 10-year Fannie Mae acquisition loan.
OC Ventures Acquires $62M Student Housing Portfolio
The portfolio’s new owner took two Fannie Mae loans totaling $44 million to finance the acquisition.
Compass Health Breaks Ground on $26M Regional Center
The first phase of the Broadway Campus redevelopment project in Everett, Wash., will provide behavioral health care, primary health care and permanent supportive housing services.
NAHB Forecasts Promising 2020 for Development
The positive apartment sector outlook was presented at IBS during Design + Construction Week.
Amherst, Front Yard Residential to Merge in $2.3B Deal
Amherst will acquire Front Yard in a transaction that is expected to close in the second quarter of 2020.
Hines Picks Up Amsterdam Mixed-Use Development
Pontkade Phase 3 was acquired through the firm’s Hines Pan-European Core Fund.
Brookfield Asset Management to Buy Manhattan Tower for $447M
The 36-story property, dubbed The Olivia, was sold along with an adjacent land parcel.
Kennedy Wilson Sells London Community for $130M
The property totals 294 units across two towers, located in the suburb of Ilford, England.