Proffitt Dixon

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  • Security Properties’ Seattle Sale Completes 1st Fund

    700 Broadway, a mixed-use property in Capitol Hill, marked the last of 17 assets that comprised the firm’s first closed-end discretionary multifamily real estate fund.

    07 September 2017 17:15
  • Pillar Provides Freddie Mac Loan for Richmond Community

    The company originated a $10.4 million, 7-year loan for the acquisition of a 348-unit community located in the Bellwood. The asset has an occupancy rate of 97.4 percent.

    19 July 2017 10:04
  • CMBS Delinquencies

    Delinquencies continue to drop year-over-year from March 2016 to March 2017. Multifamily delinquencies had the largest decline of 46.1 percent or $392 million.

    14 April 2017 19:38
  • ARA Newmark Arranges Sale of San Antonio’s Agave

    The newly-built luxury mid-rise was acquired by Castle Lanterra Properties, marking the investor’s entrance in the San Antonio market.

    23 May 2017 13:14
  • DFW Community Lands $9M Fannie Mae Refi

    Dougherty Mortgage arranged the 10-year loan with a 30-year amortization schedule for Villa Creek in Farmers Branch, Texas.

    02 May 2017 12:59
  • Economy Watch: Closings Loom for Fashion Retailer

    More than 250 stores will close by 2019 and another 400 closings could follow unless landlords grant rent relief, says the owner of such fashion brands as Ann Taylor, Dressbarn and Maurices.

    13 June 2017 15:17
  • Senior Community Coming to Calgary University District

    West Campus Development Trust and The Brenda Strafford Foundation are developing Cambridge Manor, a 240-unit property in Canada. The facility is part of a 200-acre, master-planned sustainable development.

    28 August 2017 13:50
  • Far North Dallas Community Up for Grabs

    Greysteel's Boyan Radic, Doug Banerjee and Andrew Hanson were selected to lead the marketing efforts for a 64-unit community in Denton, Texas. As of April, the property was 95.5 percent occupied.

    12 June 2017 16:22
  • Chatbots, Multifamily & Millennials

    The goal of artificial intelligence is to make our lives easier, so it makes sense that industries across the board are exploring ways to apply it. This trend has intriguing implications for the multifamily sector.

    11 August 2017 08:39
  • Fort Worth Community Changes Hands

    Madera Residential sold Valencia, a 263-unit community, to a Dallas-based investment firm. Marcus & Millichap represented the seller and secured the buyer.

    27 July 2017 15:16