Prominence
Broadtree Acquires $138M Portfolio
The company purchased 1901 S. Charles and 2 E. Wells in Baltimore, as well as The Overlook in Camp Hill, Pa. After closing, Broadtree now has a property base of nearly $350 million.
Luxury Denver-Area Community Lands $119M
HFF arranged the five-year, floating-rate loan to replace the existing construction financing for The Forum Fitzsimons, a 397-unit mixed-use property in Aurora.
What Attracts Investors to the Southeast
West Shore’s Lee Rosenthal evaluates the potential of those markets and describes what makes a community appealing to Millennials and empty nesters.
Columbia Pacific Secures $243M for Senior Housing Portfolio
Capital One arranged the recapitalization and acquisition loan on behalf of the buyer for 18 properties across 11 states, totaling 2,310 beds.
SunTrust Community Capital Provides $11M for DC Senior Housing
The 80-unit Abrams Hall Senior Apartments is the residential component of The Parks at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Campus.
Stone Point Capital to Acquire Sabal Capital Partners
The firm will continue to be operated by Founder & CEO Pat Jackson, as well as other senior members that will make investments within the company alongside the Trident VII funds.
Knoxville Fights for Position
The city is in the midst of a rental housing revival, spurred by trend-defying economic development.
263 Luxury Condos Coming to FL
Joseph Kavana’s Metropica in Sunrise is slated to be one of the largest mixed-use communities in the country when completed. Phase I will open in December 2018 and will include a salt-water pool, tennis courts and cross-training facilities.
Healthy Demographics Push Up Demand in Portland
The city’s strong economy makes it an attractive metro, especially for young professionals looking for high-income jobs.
HFH Acquires $51M CA Property
Stepp Commercial represented both sides in the sale of Patio Gardens, a 127-unit community in Long Beach that will undergo an extensive renovation.