Cape Advisors

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  • Phoenix Community Scores $24M Financing

    The real estate investment trust arranged the first mortgage financing for the community. Pinnacle at Union Hills was purchased for $48 million using proceeds from an equity offering.

    13 July 2017 11:59
  • Luxury Apartments Target Silicon Valley Workforce

    CityView and Greystar are developing Elan Menlo Park, a 146-unit community within six garden-style buildings in Menlo Park, Calif.

    20 July 2017 16:09
  • Economy Watch: Construction Material Prices Still on the Rise

    Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.

    14 September 2017 13:06
  • Despite Irma’s Wrath, $67M FL Apartment Deal Closes

    Amberton Properties has sold Amberton Luxury Townhomes in Naples. One of the largest multifamily deals in Southwest Florida in the past year, the 28.7-acre property includes a 306-unit community.

    28 September 2017 18:34
  • Dasmen Residential Buys 2 AL Communities

    The Embassy Group has sold two Birmingham properties, the 276-unit Madison at Shoal Run and and Mountain Lodge, which comprises 254 units.

    13 June 2017 10:18
  • JV Invests $148M in 2 Luxury AZ Assets

    Bascom Arizona Ventures and Pacific Life Insurance Co. acquired Legend at Kierland and Tradition at Kierland, totaling 724 units. Quadrant Real Estate Advisors provided debt financing arranged by CBRE.

    02 November 2017 15:38
  • Eviva Midtown Trades for Record Price

    Eviva Midtown, a 118-unit certified CalGreen construction, was sold to Sequoia Equities for the highest price per unit ever paid for a multifamily asset in the region.

    28 September 2017 11:10
  • Rent Deceleration Continues in San Francisco

    The metro’s economy is strong and market indicators reflect continued growth, albeit at a slower pace than a couple of years ago. As supply continues to catch up with demand, Yardi Matrix expects rents to rise 0.8 percent in 2017.

    22 November 2017 13:36
  • Griffin-American Healthcare REIT Nabs Senior Housing Portfolio

    American Healthcare Investors and Griffin Capital Co. LLC's REIT acquired a five-building portfolio of independent and assisted living properties. The portfolio is 100 percent leased.

    31 May 2017 14:57
  • South Side Chicago Affordable Housing Completed

    Brinshore Development's Park Place includes 78 units within West Elsdon's Back of the Yards neighborhood. McShane Construction worked as the contractor and provided all site work.

    09 June 2017 08:44