Carter Bechtol

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  • Passco Makes 2nd DC Purchase for $113M

    The 360-unit luxury community in Alexandria, Va., is strategically located at the Huntington Metro Station and had a 92 percent occupancy rate at the time of the transaction.

    02 October 2017 17:25
  • California MHC Lands $14M Refi Loan

    The 10-year fixed-rate loan has 9.5 years of yield maintenance and one year of interest-only payments, followed by a 30-year amortization schedule.

    18 April 2017 14:27
  • SC Community Changes Hands for $16M

    Brian Ford, Alex McDermott, Austin Green and Ron Corrao from Capstone's Charlotte office brokered the sale of Southern Pines, a 352-unit community in Spartanburg. Capstone worked on behalf of the seller, Bowman Investment Group.

    09 October 2017 18:07
  • High Street Residential Opens Foundry Lake Street

    The Class A community is 54 percent leased and 45 percent occupied. Foundry on Lake Street features 5,000 square feet of indoor restaurant space.

    03 August 2017 18:13
  • JV to Develop 236-Unit DC Community

    Fort Lincoln New Town Corp., The Concordia Group and Buvermo Investments plan a Class A project that will include 36 affordable units.

    22 September 2017 14:01
  • HFF Secures $15M Loan for Phoenix Property

    Park 28 is a 152-unit luxury community. Pure Multi-Family REIT purchased the community in June for a price tag of almost $30 million.

    21 July 2017 12:49
  • August Continues Rent-Gain Streak

    The economy is doing well and multifamily demand has been consistent, so supply has been one of the trouble spots. However, rents have still increased every month during 2017.

    06 September 2017 14:18
  • Oakwood Opens 3rd LA Corporate Housing Property

    The 201-unit community is the ninth U.S. corporate housing asset owned by Singapore-based Mapletree Investments, the firm’s parent company.

    20 April 2017 10:07
  • 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.

    17 April 2017 09:19