Pete Garcia

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  • Austin Investor Acquires 10th Property in DFW

    NAPA Ventures plans to renovate both the exterior and interior of The Falls Apartments, its newly acquired 208-unit property in metro Dallas.

    30 June 2017 10:01
  • ROSS Appointed Manager of DC-Area Apartments

    The company will oversee renovations to the apartments, additional improvements and upgrades. Admiral Place marks ROSS’s fourth management assignment for the community’s new owner.

    12 July 2017 16:06
  • Walker & Dunlop Originates $34M Loan for CA Affordable Asset

    The loan will be used to finance Campus Oaks Phase I, an affordable community in suburban Sacramento. Walker & Dunlop worked on behalf of The Canel Cos.

    21 July 2017 12:54
  • Bridge Housing Bridges Gap With Bay Area Affordable Community

    The company celebrated the completion of the first phase of a mixed-use affordable development and the ground-breaking of the second phase, which will bring 85 adjacent units for low-income seniors.

    17 May 2017 16:49
  • Praedium Buys Suburban Atlanta Apartments

    Reserve Decatur, a 298-unit property in Decatur, Ga., includes a two-story clubhouse, cyber café, conference room with kitchen area, poolside outdoor kitchen with cabana bar, game lounge and a rooftop entertainment lounge.

    13 November 2017 16:53
  • CIM Sells Manhattan Luxury Tower for $80M

    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

    04 October 2017 16:13
  • JV Snags $90M DC-Area Portfolio

    Besyata Investment Group and The Scharf Group purchased The Communities at Arbor Vista in the Washington, D.C., submarket of Adelphi, Md. The partnership plans to modernize both the amenities and units.

    04 August 2017 14:31
  • REIT Values

    As of Sept. 1, 2017, the manufactured homes sector led all publicly traded U.S. Equity REIT sectors in terms of the last twelve months funds from operations (LTM FFO) multiple.

    30 September 2017 17:50
  • FCP Snags $24M Tampa Community

    Federal Capital Partners has acquired The Commons Apartments, a 200-unit, garden-style property. The company plans upgrades, including converting the leasing office to a gym and the addition of washer-dryers to individual apartments.

    16 October 2017 14:28
  • FCP Snags 4th Charlotte Community

    The company paid $22 million for Hunters Pointe Apartments, 386-unit community in the University area. Capstone Apartment Partners represented the seller, Asia Capital Real Estate.

    20 October 2017 14:53