Property Types
Detroit-Area Portfolio Sells for $20M
Coseo Properties offloaded the two communities, totaling 326 units, five years after acquiring them from the Slatkin Corp. for approximately $11.6 million.
LA Luxury Community Receives $25M Financing
Wilshire Skyline has received the loan for the acquisition of the newly developed The Line Lofts located in Hollywood, Calif.
Related, Atria to Target $3B in Senior Housing Pipeline
The two companies are planning luxury high-rise properties in major U.S. markets, starting with New York City and San Francisco.
Boston Waterfront High-Rise Receives Financing
HFF has facilitated $341 million in construction financing and joint venture equity for Cronin Development’s luxury condominium tower, which is underway in the Seaport District.
Snell Enters D.C. Luxury Market With $43M Buy
Elysium Fourteen, situated in central Washington, D.C., is an adaptive reuse project incorporating two historic buildings. The property includes 12,800 square feet of retail.
Seattle Student Housing Receives $64M Construction Loan
The 24-story community will serve students attending the University of Washington, situated roughly 2 miles from the project. CapitalSource provided the 5-year term loan.
Resort-Style Community Changes Hands in San Antonio
Benimax purchased the 336-unit asset from Stone River Co., in a transaction subject to a $40 million Freddie Mac loan.
CBRE Arranges TX Student Housing Sale
The company’s Jaclyn Fitts, William William Vonderfecht and Casey Schaefer brokered the sale of the 1,005-bed community on behalf of Dovetail Development.
IPA Sells CT Multifamily Property
Located in Groton in a quiet country setting, the 2004-built property encompasses 14 buildings totaling 399 units.
Brand Properties Sells Atlanta Portfolio for $133M
Blaze Partners acquired the two recently built communities, which comprise more than 600 luxury units in two of the metro’s booming submarkets.