Friday, August 16, 2019

Atlantic region

Atlantic region includes: Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia and Washington D.C.

Marcus & Millichap arranges the sale of Xanadu Court, a 10-unit apartment building in...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Xanadu Court, a 10-unit apartment property located in Gainesville, Fla.,...

KTGY Architecture + Planning unveils design behind Ramsey Homes Apartments in Alexandria, Va.

The Tysons office of KTGY Architecture + Planning, an international award-winning architecture firm, today revealed details behind the design of Ramsey Homes Apartments, a 52-unit affordable rental community in the Parker-Gray Historic District of...

Bell Partners acquires 249-unit apartment community in Pompano Beach, Florida

Bell Partners Inc., one of the nation's leading apartment investment and management companies, today announced that it has acquired Overlook Pointe, a 249-unit apartment community in Pompano Beach, Fla. on behalf of its Fund...

Value-add apartment community in Northern Virginia trades for $80.5 million

Transwestern Commercial Services (TCS) announced it has brokered the sale of Misty Ridge, a 409-unit apartment community at 1989 Delaware Drive in Woodbridge, Virginia. TCS Executive Vice Presidents Dean Sigmon and Robin Williams and...

JLL arranges financing for Overlook Pointe in Broward County

JLL announces that it has arranged financing for Overlook Pointe, a 249-unit, Class A apartment community in Pompano Beach, Florida. JLL worked on behalf of the borrower, Bell Partners, to secure the acquisition loan through...

Class A 290 unit apartment community in Nashville, TN MSA trades for $60 million

Marcus & Millichap, a leading commercial real estate investment services firm, today announced the sale of The Grand Reserve Spring Hill, a 290 unit, class A apartment community located in Spring Hill, Tennessee, according...

Trez Forman Funds $11 million loan for adaptive reuse project in downtown Birmingham, AL

An Alabama developer received an $11.227 million loan from Trez Forman Capital to fund redevelopment of a prime piece of property in downtown Birmingham, Alabama. Orchestra Partners is planning a four-story condominium building and...

Assessing the impact of New York’s rent control law

A pair of recent reports from Yardi Matrix and from the National Apartment Association (NAA) focus on the impact of New York’s recently enacted rent control law on the ownership and operation of the...

Ground has broken on Pivot, a mixed-use project on Capitol Hill

Ground has recently broken on “Pivot,” a mixed-use project located at the convergence of Downtown Seattle and Capitol Hill’s thriving Pike/Pine neighborhood, developed by Vibrant Cities With an eye toward the auto-row history of Capitol...

Terra closes on $91 million refinancing loan for Pines Garden at City Center Apartments...

Terra, one of South Florida’s most active residential and commercial development firms, has closed on $91 million in financing for its newest multifamily community, Pines Garden at City Center in Pembroke Pines. The firm...

JLL closes $10.6M sale of 56-unit apartment property in Raleigh

JLL announces it has closed the $10.6 million sale of Historic Boylan, a 56-unit, boutique apartment community in Raleigh, North Carolina. JLL marketed the property on behalf of the seller, Blue Heron Real Estate Opportunity...

Marcus & Millichap arranges the sale of a 70-unit apartment building in Fort Myers,...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Residences at Page Park, a 70-unit apartment property located in...

Stonebridge acquires 83-unit Durham, NC multifamily community

StoneBridge Investments of Washington, DC, has acquired Sutton Place, an 83-unit rental apartment and townhome community in Durham, NC, in an off-market transaction from a private owner. Constructed in 1993, Sutton Place is located just...

DCHFA finances new affordable rental community in Ward 7’s Deanwood

The  District of Columbia Housing Finance Agency (DCHFA) closed out the month of July with the issuance of $19.5 million in bond financing and underwrote $12 million in low income housing tax credit equity...

Passco Companies acquires premier Class A multifamily community in thriving Augusta, Georgia for $58...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Grand Oaks at Crane Creek, a 300-unit, fully stabilized...
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