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...
Hunt Midwest acquires site to build first-class senior living community in Gallatin, Tennessee
Hunt Midwest is forging ahead with plans to build The Capstone at Station Camp, a two-story, 76,000-square-foot senior living community in Gallatin, Tennessee. The developer completed acquisition earlier this month of the 6-acre site located...
Virginia passes tenant protections
Governor Ralph Northam of Virginia recently signed a number of measures designed to increase tenant protections in the state. Several other bills with the same goal have passed the legislature and are awaiting action...
Passco Companies acquires 306-unit, Class A+ multifamily asset in rapidly growing Lexington, Kentucky for...
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 The Henry at Fritz Farm, a 306-unit, Class A+...
Luxury apartment home community Lullwater at Hixson underway
Fickling & Company and Novare Group have broken ground on Lullwater at Hixson, a 250-unit luxury apartment community conveniently located in the Hixson suburb of Chattanooga, Tenn.
“We are thrilled to be underway with Lullwater...
CGI Strategies acquires troubled multifamily community in Orlando, Florida for $43 million
CGI Strategies has acquired Sola at Celebration, a vacant 306-unit luxury multifamily community in Celebration, FL. The property was purchased from Southstar Capital Group in a transaction valued at $43 million.
Developed by Hines in...
TruAmerica Multifamily increases Florida portfolio with $64 million acquisition of Orlando apartment community
TruAmerica Multifamily has acquired Island Club, a 472-unit Class B apartment community in Orlando, FL in a $64 million transaction.
TruAmerica identified the Orlando MSA as its top target market in Florida after entering the...