HFF secures $191.8M financing for Bryant Street development in Washington, D.C.
Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured joint venture equity and construction financing totaling $191.8 million for the development of Phase I of Bryant Street, a mixed-use, transit-oriented development in northeast Washington,...
DC program causing chaos at Class A apartment community
Sedgwick Gardens is a historic landmark in a high-priced neighborhood in northwest Washington, D.C., the Washington Post reported. But in the past two years, it has also come to play home to a number...
Red Mortgage Capital hires former Freddie Mac executive as managing director and chief underwriter...
RED Mortgage Capital, a division of ORIX Real Estate Capital, LLC, announced today that it has hired D. Edward Greene as Chief Underwriter for Affordable Housing.
Greene joins RED from Freddie Mac, where he most...
Colliers International brokers sale of 294-unit multifamily community in Richmond for $45.6 million
The Colliers International East Region Multifamily Advisory Group represented the seller in the sale of Hickory Creek Apartments for $45,600,000. The community was built in 1984 and includes 294 apartments.
Hickory Creek is strategically located...
Pura Vida Hialeah breaks ground
Is Hialeah the next Brooklyn? According to City of Hialeah Mayor Carlos Hernandez it may just be, and a transformative new mixed-use project, Pura Vida Hialeah, is paving the way.
Miami-based Coral Rock Development Group...
Development of new vibrant mixed-use community moving forward for Chattanooga’s Riverfront District
Today The Beach Company announced the acquisition of 2.79 acres of land in downtown Chattanooga’s popular Riverfront district. The site, which is located just two blocks from the Tennessee River and the Walnut Street...
Trez Forman funds $8 million value-add acquisition loan for 106-unit apartment community in Jacksonville
A real estate investor has secured an $8.1 million loan from Trez Forman Capital to help acquire and renovate a 106-unit waterfront apartment community in Jacksonville’s south side. Built in 1972, the Beauclerc Bay...
The Clean New Deal
A year or so ago we mentioned a start up by apartment veteran, Howard Behr. Wharton grad and world traveler, Behr spent a large part of his career perfecting the art of multifamily profitability...
ZOM Living, Scout Capital Partners and Mattoni Group team up to activate Miami’s Ludlam...
Miami’s highly anticipated Ludlam Trail – a ‘rails to trails’ project that will convert unused train tracks and the adjacent right-of-way into a six-mile-long, 100-foot-wide public space running from Miami International Airport to Dadeland...
Aztec Group arranges $5.75 million loan for luxury rental building, Grovehaus, in Miami’s Coconut...
Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 37 years, announces that Jason Shapiro, Managing Director; Charles Penan, Executive Vice President; and Brell Tarich, Director; have secured...
TruAmerica Teams with Oaktree Real Estate Income Trust to acquire 448-unit apartment community in...
TruAmerica Multifamily, in partnership with Oaktree Real Estate Income Trust (“Oaktree”), has acquired Anzio, a 448-unit class “B” multifamily community in Atlanta.
Anzio represents the third deal TruAmerica has bought in Atlanta this year and...
Dekel Capital arranges $47.5 million loan from ACORE for acquisition of vacant 306-unit apartment...
Dekel Capital, on behalf of CGI Strategies, has arranged a $47.5 million bridge loan for the acquisition, renovation and stabilization of a vacant 306-unit luxury multifamily community located at 1662 Celebration Boulevard in Celebration,...
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...
ZOM Living and The Moinian Group partner to develop Luma, a 434-unit luxury apartment...
ZOM Living and The Moinian Group are preparing to break ground on Luma at Miami Worldcenter, a 43-story apartment tower in the heart of Downtown Miami. Luma will be a focal point of Miami...
The Park at Via Rosa sold for $63 million
The Park at Via Rosa, a 390-unit multifamily community in Hillsborough County, has been sold for $63 million ($161,538 per unit).
The property was acquired by a joint venture between Chicago-based Providence Real Estate and Aegon Real Assets...
