Property Types
AMG Realty Trades 512-Unit NM Property
The buyer funded the acquisition of the Class C community with a $14.3 million Fannie Mae mortgage provided by Arbor Realty Trust.
CBRE Hires Affordable Housing Expert
In her new role as director & industry specialist, Sarah Garland will support origination of affordable and workforce housing debt financing.
Atlantic | Pacific Cos. Secures $40M TX Community
Avana Point in Fort Worth is set to be renamed The Atlantic Station and is the company’s 13th owned and managed asset in the Texas market, bringing its total portfolio to 4,271 units.
TIAA Grabs Newly Built Austin Asset
Casey Development offloaded the 246-unit Tacara Steiner Ranch, which opened in February. Following the sale, Pinnacle assumed management of the luxury property.
JV Pays $58M for Brand-New Iowa Apartments
Kimberly Development’s sale of the luxury 434-unit Autumn Ridge Apartments in suburban Des Moines will be completed in two phases.
Cardinal Group Buys OR Student Housing
The buyer used proceeds from an acquisition loan, provided through Freddie Mac’s CME program, to purchase the 244-bed off-campus property in Eugene.
Cushman & Wakefield Brokers $49M FL Sale
Senior Directors Jay Ballard and Ken Delvillar of the company’s multifamily team in Orlando facilitated the transaction on behalf of seller Waypoint Residential.
Orlando-Area Community Lands $38M Acquisition Loan
The 320-unit property was nearing full occupancy at the time of the transaction. Berkadia worked on behalf of buyer Insula Cos.
Orlando Community Lands $48M Acquisition Loan
The recently completed property had an 82 percent occupancy rate at the time of the negotiations. Berkadia worked on behalf of buyer Advenir.
CA Affordable Senior Housing Lands $20M Refi
Located 10 miles east of central L.A., the 189-unit Beverly Towers provides housing for tenants 62 and older, with incomes less than 80 percent of median income.