Property Types
Suburban San Francisco Community Refinances
Ravello Holdings completed work on the 128-unit luxury property in June. The new, $42 million financing package retires a nearly $30 million construction loan.
Ability Housing Begins Work on 80-Unit Affordable FL Property
Dubbed Village at Hyde Park, the $18.7 million project in Jacksonville’s Westside submarket is slated for delivery late next year.
North FL Affordable Housing Portfolio Changes Hands for $51M
The portfolio includes four communities totaling 768 units across three of Jacksonville’s submarkets. The new owner, Millenia Housing Management, plans to invest $40 million in capital improvements.
What’s Hot in Miami Student Housing?
Colliers International’s Mitash Kripalani reveals the top submarkets for investment and shares his predictions for the sector.
Hunt Real Estate Secures Financing for Dallas Asset
The new owner will implement a capital improvement plan which will include upgrades to the interior and exterior areas of the 134-unit garden-style community.
Western Wealth Capital Moves Into Atlanta
The company acquired its first property in the area, with the $22 million purchase of the 200-unit community in the metro’s Jonesboro/Bonanza submarket.
Sundance Bay JV Buys St. Louis-Area Community
Shore to Shore Properties was the seller of the 318-unit Class C multifamily asset. The buyer financed the purchase with a $13 million loan from Grandbridge Real Estate Capital.
FPA Grabs Age-Restricted Inland Empire Community
Positive Investments, which picked up the 177-unit Class C property in 2016 for $11.9 million, traded the asset for more than $14 million.
Praedium Group Acquires FL Community for $94M
Completed in 2017, the property is located in a designated opportunity zone in Pompano Beach, Fla. The seller is ZOM Living.
JV Lands $156M Financing for VA Property
HFF arranged the floating-rate loan for Modera Avenir Place on behalf of the owner, a partnership between Mill Creek Residential Trust and institutional investors advised by J.P. Morgan Asset Management.