The Metropolitan Flats

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  • Hines to Develop 1st San Antonio Community

    Designed by Meeks + Partners, the 396-unit community will be built within The RIM, a 1.8 million-square-foot mixed-use development. Construction is set to begin in the first quarter of 2018 with occupancy in spring of 2019.

    31 October 2017 15:20
  • McDowell Acquires DC-Area Apartment Community

    CBRE brokered the sale of Carmel Alexandria, a Class A apartment community in Alexandria, Va. The property is situated near interstates 395 and 495, with downtown Washington, D.C. only 10 minutes away.

    09 October 2017 18:15
  • CBRE Arranges Sale of Suburban Atlanta Community

    Laurel Hills Preserve is located at 1955 N.E. Bells Ferry Road, in Marietta, Ga. The property is currently 98.3 percent occupied and is situated near two interstates.

    20 October 2017 06:59
  • Lee & Associates Closes $7M Sale in Phoenix

    Two apartment communities located in northern Phoenix traded among private investors. The properties comprise 44 units.

    17 November 2017 16:16
  • Emerald Equity Lands $129M for Bronx Portfolio

    Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.

    05 October 2017 14:11
  • 4-Property LA Portfolio Lands $267M

    George Smith Partners arranged the seven-year, fixed-rate, interest-only, non-recourse loans on behalf of G.H. Palmer. The portfolio totals 1,359 units.

    09 November 2017 15:48
  • Dougherty Mortgage Closes $10M Loan for San Antonio Sale

    The company closed a 12-year Fannie Mae financing loan for the acquisition of a 168-unit community located in San Antonio’s North Loop submarket.

    03 October 2017 16:02
  • Changing the HVCRE Rules: What to Expect

    In a strict lending environment, the clarification of High Volatility Commercial Real Estate (HVCRE) regulation could help improve loan terms for investors and developers. However, the long-awaited changes, stipulated in a bill referred to the House Financial Services Committee, have little chance of being approved and implemented, Alston & Bird's Gregg Loubier told MHN.

    18 July 2017 18:29
  • CA Property Sold for $74M

    The 163-unit mixed-use asset in Monrovia marks Sequoia Equities' second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.

    29 September 2017 14:36
  • Rent Growth

    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

    22 May 2017 19:19