Sunday, September 15, 2019

Atlantic region

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

Stiles|Hensler mixed-use development Peabody Union moves forward

Nashville, TN-based Hensler Development Group and South Florida-based Stiles announced today that they will co-develop Peabody Union, a mixed-use, luxury commercial and residential project in Nashville, TN. Peabody Union will establish a new Design...

Trez Forman Capital Group continues Carolinas push with $42 million construction loan

Trez Forman Capital Group has closed a $42 million construction loan for a large-scale residential development in the Charlotte, N.C. suburb of Huntersville. The borrower plans to develop a Class A, 20-building community with...

American Realty Advisors acquires 329-unit luxury high-rise apartment community in Midtown Atlanta, Georgia

American Realty Advisors (“ARA”) an institutional fund manager with more than $8.7 billion in assets under management, has acquired Azure on the Park, a 329-unit, Class A, luxury high-rise apartment community in Midtown Atlanta,...

Trez Forman Capital funds $19.6 million loan for single-family residential development in South Hillsborough...

South Florida-based Trez Forman Capital funded a $19.6 million loan for a 211-acre site located in suburban Tampa. Brett D. Forman originated the loan on behalf of Trez Forman. The borrower is affiliated with...

Trez Forman Capital Group closes $13.5 million construction loan for multifamily community in Atlanta...

Trez Forman Capital Group completed a $13.5 million construction loan to Greystone Development Partners, LLC. The company plans to develop a 115-unit townhome-style multifamily community with substantial amenities in the Atlanta suburb of Hiram. For...

Seasoned student housing expert Todd Benson joins PEBB Capital

PEBB Capital, a multi-strategy, real estate and private equity investment firm, today announced that student housing real estate expert Todd Benson has joined as partner and managing director of development and asset management across...

MBA opens doors celebrates milestone: More than 2,000 families across America helped

The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The...

Short promoted to regional vice president at S.L. Nusbaum Realty Co.

S. L. Nusbaum Realty Co. is pleased to announce that Ken Short, HCCP, has been promoted to the position of Regional Vice President. Ken joined the Multifamily Management Team of S.L. Nusbaum Realty Co. in...

Cushman & Wakefield arranges sale of five multifamily properties totaling $77.1 million

Cushman & Wakefield has arranged the sale of five apartment communities in Montgomery, Alabama, for a total of $77.1 million. Craig Hey and Jimmy Adams of Cushman & Wakefield represented the sellers in the...

Cushman & Wakefield represents HKSK Corporation in $15.9 million sale of Pinellas County, FL,...

Cushman & Wakefield has arranged the sale of Oak Ridge Apartments, a garden-style multifamily asset in Largo, Florida, for $15.9 million. The 137-unit community , which includes apartments and townhomes, sold for $116,350 per...

Passco Companies acquires class a 288-unit apartment community in Destin, Florida for $63.3 million

Passco Companies, a privately-held California-based real estate company that specializes in the investment, acquisition, development, and management of commercial properties throughout the U.S., has acquired Sea Glass Apartments, a Class AA, 288-unit apartment community...

Cushman & Wakefield arranges sales of two multifamily properties

Cushman & Wakefield has arranged the sales of two apartment communities in the Greenville, South Carolina, MSA. Tai Cohen, Jordan McCarley and Watson Bryant of Cushman & Wakefield represented the sellers in the transactions. The...

Cushman & Wakefield brokers multifamily portfolio sale for Kole Management Co.

Cushman & Wakefield has arranged the sale of a 13-property, 2,492-unit portfolio comprised of apartment communities throughout Georgia and North Carolina on behalf of Kole Management Co. Taylor Bird, Nelson Abels, and Robert Stickel...

NOVO Properties is pleased to announce the acquisition of 1820 Irving Street NE

NOVO Properties (NOVO) is pleased to announce the acquisition of 1820 Irving Street NE, a 15-unit multifamily property located in NW Washington, DC. 1820 Irving Street is located adjacent to the quickly developing Rhode Island...

Franklin Street brokers $26.5 million apartment complex sale in Orlando

Franklin Street has brokered the sale of The Park at Vittoria, a 208-unit luxury apartment community located at 5224 Long Road in the Rosemont submarket of Orlando, Fla. The new owners have since renamed...
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