Pennybacker Capital

View All Tags
  • JV Lands Acquisition Loan for West Dallas Asset

    S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.

    Dallas 28 August 2017 08:54

You May Also Like

  • Investment Sales

    Transaction volume value in the prior 12 months for all the property types was $447.9 billion, with garden apartments commanding the highest value at $97.5 billion. Mid- and high-rise and garden apartments represented 33 percent of the total transaction volume in the past year.

    14 April 2017 16:06
  • U.S. Equity REITs

    Among the U.S. Multifamily-focused REITs, Bluerock Residential Growth REIT, Inc. posted the highest payout ratio estimate, at 195.9 percent.

    30 August 2017 14:12
  • Toll Brothers Unveils Luxury Condos in Manhattan

    The development firm joined forces with Barry Rice Architects and Bernheimer Architecture to develop 100 Barrow, a 12-story, 33-unit luxury residential building that will welcome new residents this fall.

    19 June 2017 13:44
  • 2017’s Busiest Rental Markets

    With apartment construction reaching a 20-year peak, most of the largest U.S. cities continue to add significant levels of rental stock. Denver and Nashville are joining the top 10 list in terms of 2017 apartment completions, according to RentCafé.

    19 July 2017 12:40
  • Ascend’s Niche 905 Unveiled in Chicago

    The 18-story, 202-unit luxury tower featuring an array of lifestyle amenities is located on Near North Side.

    21 April 2017 15:01
  • Lantower Residential Acquires NXNE in North Austin

    North by Northeast is a 375-unit community built in Austin’s Tech Ridge submarket. Major tech companies such as Dell, Apple, IBM and Samsung have set up offices in the area.

    09 May 2017 13:05
  • Equus Capital Partners Snags 500-Unit Atlanta Property

    The company acquired Viera Briarcliff, a 500-unit garden-style apartment community in the coveted Druid Hills neighborhood on the east side of the city.

    19 June 2017 15:29
  • Gables Pointe 14 Shapes Up

    Gables Residential began construction of a 370-unit upscale community comprised of two buildings and 16,000 square feet of modern amenities.

    11 April 2017 10:11
  • JV Acquires $41M CO Community

    The 280-unit Lamplight Square at the Park is located in Colorado Springs. Griffis/Blessing plans to upgrade unit interiors, as well as the outdoor/indoor pool and the fitness area.

    13 September 2017 08:54
  • Dougherty Closes on St. Louis Affordable Community

    The company has arranged a 35-year term loan for the 95-unit community. The property was built as a hotel in 1963, and in 2007 it was converted to a multifamily community.

    03 April 2017 15:15