#BrokersCorner

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  • Passco Trades Remaining Interest in KS Property for $48M

    The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.

    Kansas City 16 August 2017 17:31
  • Pathfinder Expands Portland-Area Footprint with Sixth Acquisition

    The company purchased The Habitat, an 85-unit community previously owned by Fowler Property Acquisitions. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the $15 million transaction.

    Portland 15 August 2017 15:21
  • JLL Arranges 430-Unit Vegas Sale

    Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.

    Las Vegas 09 August 2017 12:57
  • CBRE Brokers Sale of 43 Affordable Properties

    The portfolio includes 4,153 units spread mainly across Maryland, but also in Pennsylvania and Virginia. CBRE Affordable Housing Executive Vice President Jeff Kunitz arranged the sale on behalf of Shelter Group. Enterprise Homes purchased the assets.

    National 07 August 2017 13:59
  • Covenant Sells 272-Unit Atlanta Asset for $32M

    The deal continues the Atlanta market momentum for Covenant Capital Group, following the company’s sale of the 500-unit Viera Briarcliff in June for $76 million. Mike Kemether and Travis Presnell of Cushman & Wakefield worked on behalf of StoneBridge Investments, the seller, while Elliott Throne, Gregg Shapiro and Ware Shipman of HFF secured acquisition financing.

    Atlanta 03 August 2017 18:22
  • Cush & Wake Secures $40M Loan for Nashville-Area Community

    Middleburg Real Estate Partners plans to build a 328-unit apartment property in Franklin, Tenn. Mike Ryan, Telly Fathaly and Brian Linnihan of Cushman & Wakefield’s Atlanta team originated the senior debt as well as the joint venture equity.

    South 03 August 2017 18:15
  • CBRE Arranges Sale of 160-Unit Sacramento Asset

    Integriy Housing sold Alhambra at Mace Ranch in Davis, Calif., for $28.5 million. Jim Flinn, senior vice president of CBRE Affordable Housing’s Debt and Structured Finance team, secured $20.2 million in acquisition financing.

    Sacramento 03 August 2017 15:40