Patterson Real Estate Advisory Group

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  • PAC Sells 300-Unit Dallas Community

    Steadfast Cos. paid about $44 million for Enclave at Vista Ridge, a Class A community located in a northwestern suburb of Dallas. The sale was subject to a $29.1 million Fannie Mae loan.

    29 May 2017 20:08
  • Market Pulse for September 2017

    Commentary and data were supplied by a senior economist with the National Association of Home Builders (NAHB).

    30 August 2017 14:33
  • On the Market: 5 Interesting Listings for the Week of 10/9

    This week's listings feature a renovated 1926-built property in Jacksonville, Fla., and a well-located duplex in Los Angeles.

    13 October 2017 14:06
  • Foxford Launches Sales of Chicago TOD

    The 28-unit property, which also features retail space, will be the first transit-oriented condo development in the Western Springs, Ill., neighborhood.

    25 April 2017 09:48
  • $29M Earmarked for MN Financing

    Grandbridge Real Estate Capital arranged the first-mortgage loan for construction of a 110-unit community in St. Louis Park.

    11 July 2017 14:40
  • Lantower Lands 451-Unit FL Asset

    The company purchased Seneca at Cypress Creek, a 2010-built community in the Lutz/Wesley Chapel submarket of Tampa, Fla. With this acquisition, Lantower’s portfolio comprises 14 multifamily properties totaling 4,600 residential units.

    16 October 2017 14:31
  • No Slack: Top Job Markets Getting Tight

    If quickly growing southern cities see their unemployment rates fall below 3 percent, wage inflation may not be far behind.

    05 July 2017 15:18
  • Audubon Communities Brings Market-Rate Apartments in Athens, GA

    The company’s $11 million expansion of its exiting property, Westpark Club, will add 108 units and is set for completion during the following year. The development marks the first market-rate apartment community in the Athens area since 2007.

    25 April 2017 13:14
  • Development Boom Tempers Rent Growth in Chicago

    The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.

    27 July 2017 08:41
  • Miller-Valentine Unveils Beckett Farms in SC

    The 280-unit luxury property in Fort Mill features a farmhouse aesthetic and offers amenities including a salt-water mineral pool, fire pit with grilling stations and private cabanas.

    08 September 2017 16:06