St. Louis

BRT Nabs 3 St. Louis Luxury Communities

Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.

Downtown St. Louis Luxury Communities Land $26M in Financing

Meridian Capital Group arranged the 10-year fixed-rate loans for the acquisition of two luxury properties encompassing 181 units.

Dougherty Closes on St. Louis Affordable Community

The company has arranged a 35-year term loan for the 95-unit community. The property was built as a hotel in 1963, and in 2007 it was converted to a multifamily community.

Gateway Procures Suburban St. Louis Apartments

The 78-unit community in St. Clair County is the company’s third local acquisition in three years.

OPOP Loft

CBRE Sells, Meridian Finances 2 Gateway City Properties

Strategic Properties of North America picked up 181 units at Old Post Office Plaza.

Berkadia Sells, Finances Upcoming St. Louis Community

The company secured a $52 million, five-year construction loan on behalf of Watermark Residential.

TriStar Brings Luxury Apartments to St. Louis Market

Alinea Town & Country is reportedly the first community of its kind to be built in the West County Market.

UnitedHealthcare Invests in Missouri Senior Housing Project

The new 42-unit affordable development will give local seniors access to quality housing and onsite support services.

Yardi Matrix: Steady Growth in St. Louis

Multifamily Summer Report 2016: An influx of professional jobs and the area’s relative affordability are attracting residents and lifting demand for apartments.

Encore at Forest Park

AFL-CIO BIT JV Back to Work in St. Louis

The two entities teamed up again for a $51 million apartment development.