Property Types
Carroll Organization Acquires Jacksonville Luxury Apartment Property
Carroll Organization is bullish on Jacksonville, Fla., and gives MHN details on its third acquisition in the city since the beginning of 2013.
Mack-Cali/Fisher Brothers JV Buys 377 Units in D.C.
A joint venture comprised of Mack-Cali Realty Corp. and Fisher Brothers has closed on a luxury multifamily project currently being constructed in Washington, D.C.’s trendy H Street submarket.
Capri Acquires Stamford Luxury Residential Building for $135M
Capri Capital Partners makes a big statement in Stamford, Conn., with the $135 million acquisition of 101 Park Place at Harbor Point.
Manhattan Residential Price Increase Led by Luxury Segment
Town Residential’s fourth quarter Manhattan condo and co-op sales report shows that luxury properties were responsible for most of the upward growth in sales prices.
TODAY’S DEALS: Altman Development Completes $46.8M Disposition
ARA brokers a 360-unit sale in Raleigh, N.C.; NorthMarq arranges a $22.4 million mortgage for a high-rise; and Centerline Capital Group provides $18.8 million for an affordable development in Austin.
TCU Opens New KSQ-Designed Student Housing Facility
A new KSQ-designed residence hall opens at Texas Christian University. The project is an example of institutions looking at ‘retro housing’, a community-focused push-back against on-campus projects that aim to replicate the off-campus experience.
TODAY’S DEALS: Lee & Associates Completes $7.2M Sale in Glendora, Calif.
Lee & Associates completes a 27-unit sale; Summit Healthcare REIT Inc. completes its first purchase since changing names; and Meridian Capital Group arranges mortgages in Brooklyn and Queens.
Native American Connections Opens Affordable Asset in Phoenix
A new 70-unit, mixed-use affordable housing community has opened in downtown Phoenix.
Newcastle Acquires $1B Seniors Housing Portfolio From Holiday
Newcastle Investment Corp. completes a $1 billion acquisition of 51 independent living seniors housing properties from an affiliate of Holiday Acquisition Holdings.
CIM Group Purchases Lower East Side Community
Los Angeles-headquartered CIM Group has purchased 265-275 Cherry Street, a Section 8 HUD subsidized housing community in Manhattan’s Lower East Side.