Park Point Syracuse
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ACC Grabs 836 Beds
American Campus communities adds 836 beds; Hunt Mortgage Group closes two refinancings in Arizona; and Preferred Apartment Communities proves bullish on Houston.
National 17 February 2015 15:22
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Miami-Area Community Receives $32M Take-Out Loan
Berkadia arranged the 12-year loan through Fannie Mae. The community, completed in 2017, is located near the Ronald Reagan Turnpike and Homestead Air Reserve Base.
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HFF Arranges Class A Community Sale in Houston
GPI Real Estate Management Corp. bought this one- and two-bedroom apartment community located in the heart of Houston’s Energy Corridor. HFF arranged the transaction.
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Waterline Square Tops Out in Manhattan
GID Development Group has celebrated the topping out of the 2.2 million-square-foot development. The three-tower building is scheduled to welcome its first buyers by the end of 2018.
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Marcus & Millichap Arranges Sale of VA Community
The 40-year-old, 22-building community commanded $75,000 per unit. A private investment entity based in New York purchased the 160-unit asset in Virginia Beach.
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Sacramento Market Maintains Robust Rent Growth
While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.
30 October 2017 13:30