Property Types
Tampa Rental Property Commands $26M
The Related Group purchased the 176-unit multifamily asset located in the Bayshore submarket. Cushman & Wakefield represented the seller and secured acquisition financing for the buyer.
Kansas City Community Changes Hands
Prosperity CRE purchased an 80-unit property located some 8 miles from downtown. After renovations and upgrades, the property will be rebranded as Hidden Hills Apartments.
Knoxville-Area Opportunity Zone Project Lands Financing
Walker & Dunlop originated the $21 million financing package through HUD, combining a two-year construction loan with a long-term mortgage.
Greystar Buys 668-Unit Houston Community
Avana Eldridge, formally known as AMLI on Eldridge Parkway, changed hands after 15 years. The sale was financed through a $65 million Fannie Mae loan.
LMC Breaks Ground on 445-Unit Minneapolis Property
The property on First Avenue will include 8,000 square feet of retail and is slated for completion in the fall of 2020.
2 Florida Projects Get $67M in Construction Loans
Developers in Miramar and Palm Bay plan to build communities with 280 units and 197 units, respectively. Hunt Real Estate Capital provided the HUD financing.
San Diego-Area Luxury Community Reaches Completion
Developed by Pathfinder Partners and Silvergate Development in Vista, Calif., the high-end property sits on a 1.5-acre parcel that was initially owned by the California Redevelopment Agency.
JV Lands $415M Loan for Manhattan Tower
Douglaston Development brought in Ares Management Corp. as a partner in its 58-story multifamily project just south of Hudson Yards. The building will offer a mix of affordable and market-rate units.
$560M Redevelopment of Storm-Damaged Community Wraps Up in NYC
A joint venture of MDG Design + Construction and Wavecrest Management completed the rehabilitation of a 1,395-unit public housing community in Far Rockaway, Queens. The project is the country’s largest single-site conversion under HUD’s RAD program.
Marcus & Millichap Facilitates Sale of 185-Unit Dallas Asset
Republic Funds sold Newport Landing, which at the time of sale was subject to an existing $9.3 million CMBS loan set to mature in 2028.