Property Types
Levin Johnston Brokers Sale of 2-Property Portfolio
Belview Heights and Casa Belview in Belmont, Calif., traded for approximately $27 million. The firm represented both parties in the transaction.
On the Market: 4 Interesting Listings for 2/12
This week’s listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.
Phoenix Realty Acquires $28M Tampa Asset
Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.
FL Senior Community Receives $45M Financing
Trez Forman arranged the construction loan for a 309-unit maintenance-free asset in Venice, Fla., dubbed The Floridian Club.
Legacy REI Group to Buy Dallas-Area Community
Dougherty Mortgage teamed up with Old Capital Lending to arrange the acquisition financing of Sierra Point, a 212-unit market-rate community in Irving, Texas.
CBRE Facilitates Sale of 540-Unit KY Community
Shamrock Communities sold Mallgate of St. Matthews to Sundance Bay for $42.5 million. CBRE’s Steve LaMotte, Dane Wilson, Bryan Flaherty and Eric Nelson represented the seller.
TX Community Lands Fannie Mae Refi
Dougherty Mortgage arranged the financing for Tribecca Pointe Apartments, a 178-unit property in Hurst, Texas. The 12-year loan has a 30-year amortization schedule.
Robson Opens AZ Luxury Community
Noria, a 237-unit property in Chandler that will open in March, includes a resort-style swimming pool and a whirlpool spa.
Top 10 Denver Submarkets by Sales Volume
With transactions closed in the top 10 submarkets alone having generated more than $4 billion in sales volume, the city emerges as one of the most attractive areas for multifamily investors in the nation.
Quantum Capital Secures $55M for 2 CA Developments
Working on behalf of The Robhana Group, the firm arranged a $16.5 million construction loan for a mixed-use apartment community in downtown Walnut Creek.