Property Types
Scully Co. Expands NJ Community
The developer will add 220 units to Hamilton Greene in Mays Landing. Completion of the new component, The Glades at Hamilton Greene, is scheduled for 2021.
Tampa Property Sells for $34M
Read Property Group sold the 310-unit, garden-style community located approximately 10 miles from downtown Tampa. The sale was subject to a $24.8 million-Fannie Mae loan.
Blackfin, GMF Acquire 600-Unit Community in Virginia Beach, VA
The value-add acquisition of Baker Crossing marks the companies’ first partnership. The property last changed hands in 2005 for $31.5 million.
Busting the Myths of Impact Investing
Kairos Investment Management Co. President & CIO Jonathan Needell shares his views on how investments can both create environmental and social impact and produce market-level returns. He also names common misconceptions about affordable housing ventures.
Colliers International Handles $70M Sale of AZ Property
P.B. Bell sold Laguna Village, a 31-building Class B community in Chandler, to Bridge Acquisitions. The new owner will complete the modernization of the property to increase the asset’s market value.
FL Luxury Asset Commands $108M
Walker & Dunlop arranged both the sale and a $65.2 million Freddie Mac loan for the 348-unit Hermitage Apartment Homes in St. Petersburg, which was acquired by Brass Enterprises.
Phoenix-Area Property Changes Hands for $12M
Dougherty Mortgage originated a $9.5 million Fannie Mae loan for the acquisition of the 120-unit Tuscano Village in Glendale.
LMC Breaks Ground on NC Luxury Community
The Ellis is a mixed-use infill urban development featuring 549 high-end units and some 20,000 square feet of retail space in Uptown Charlotte.
Berkadia Secures Acquisition Loan for AL Community
Senior Managing Directors Charles Foschini and Mitch Sinberg, Managing Director Chris Apone and Associate Director Matthew Robbins arranged the financing for the 244-unit asset.
Affirmed Housing Breaks Ground on LA Supportive Housing
Aria, a 57-unit development, is one of the first in the city funded through the $1.2 billion HHH bond measure passed in 2016.