Property Types
Hopkins Holding Acquires GA Student Housing
Capital One provided a $19.3 million Fannie Mae loan for the firm’s purchase of The Blake, a 270-bed community in Savannah.
Paramount Assets Reaches Halfway Point on NJ Luxury Mixed-Use
William Flats is an adaptive reuse of the former United Women’s Garment Workers’ Union headquarters in Newark and is scheduled for completion by October 2018.
On the Market: 5 Interesting Listings for the Week of 4/2
This week’s listings include a historic luxury community in Iowa and a property near Lake Michigan’s southernmost point.
Gelt Buys 491-Unit Seattle Portfolio
The seller, FPA Multifamily, recently renovated interior and exterior amenities, including the clubhouse, the fitness center and the parking lot of both properties.
ABI Multifamily Brokers Sale of 110-Unit AZ Asset
A partnership between MJW Investments and Tide Equities plans to rebrand the recently renovated Tempe property, which comprises a total of 97,890 rentable square feet.
Hunt Mortgage Arranges $9M Loan in VA
Geller Associates acquired Lee’s Landing in Newport News and will improve the community in order to qualify for the Fannie Mae green rewards program.
Luxury AR Community Lands $20M Refinancing
Richardson Properties’ The Pointe at Bentonville includes 170 units, a movie theater room, tanning rooms and a dog park.
Ability Housing Breaks Ground on Orlando Affordable Property
Village on Mercy includes 166 units and will be restricted to residents earning 60 percent or less of the area’s median income. Construction is expected to take 18 months.
Opus Group Begins Construction of Chicago Mixed-Use
The six-story project will comprise 164 units and 7,600 square feet of Class A retail space. Completion of the community is scheduled for spring 2019.
Wellington Closes TX Student Housing Sale
The community is a modular redevelopment of a high school in central Waco, located half a mile from Baylor University.