Investor Team Obtains $77M for Junction 49 a UNC Charlotte Student Housing Property
SR Real Estate Partners and Circle Squared Alternative Investments procured $77 million for the refinancing of Junction 49, a new 754-bed student housing community located at 7600 University City Boulevard in Charlotte near UNC...
SSL Phase I, LLC Completes $29.7M Acquisition of Sunset Lodge Apartment Homes in Odessa...
SSL Phase I, LLC announced the acquisition of residential property, Sunset Lodge Apartment Homes in Odessa, Texas, for $29.7 million. Featuring one and two bedroom luxury living apartment options. 1 bedroom and 1 bath options...
Is land-use regulation holding back construction productivity?
Ed Glaeser is perhaps the pre-eminent urban economist working today, and I’ve cited his work repeatedly when looking at land-use restrictions and burdens on new development. So I was very interested to see he’s coauthored...
J.P. Morgan Real Estate Income Trust, Inc. Closes on Loan for Multifamily Mid-Rise Satori...
J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the closing of a $62.4 million mortgage loan to an affiliate of NYC-based private real estate firm Raith Capital Partners to finance the acquisition...
Toll Brothers Apartment Living and The Davis Companies Announce the Grand Opening of New...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc., the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies (Davis), announce the grand opening of Whitlow, a new four-story luxury apartment community in Lewisville, Texas. “We are excited to introduce Whitlow to the charming community of Lewisville,” said John McCullough, President of Toll Brothers Apartment Living. “Whitlow represents our continued dedication to developing upscale...
Mission Rock Selected to Manage Nashville Apartment Community The Morris
Mission Rock Residential, a national property management company, has been selected to manage The Morris apartment community in Nashville, Tennessee. Mission Rock Residential was awarded the management services contract by the community's owners, Hamilton...
Monte Hewett Announces the First Units at the BTR Townhome Community Eastwood in Atlanta...
As the general contractor for the BTR apartment-style townhomes at Eastwood in historic Kirkwood, Monte Hewett is excited to announce that the first residents have moved in, and construction continues on its projected schedule. “We...
JLL Arranged the $53.4M Acquisition Financing for a Vintage Apartment Portfolio in South Carolina
JLL Capital Markets announced that it has secured a $53.4 million bridge financing for an 877-unit, seven-property Vintage Apartment Portfolio. The multifamily portfolio located in Spartanburg and Mauldin, South Carolina. JLL represented the borrowers, Machine Investment...
BWE Secures $42.5M to Build New Affordable Housing Across the South Including The Peaks...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a combined $42,502,000 in loans to finance the construction of affordable and workforce housing developments in cities across Georgia, South...
Core Spaces Underway on Student Housing Project Hub Raleigh in North Carolina
Chicago-based student and single-family rental housing developer Core Spaces has announced its first-ever project in Raleigh, North Carolina — Hub Raleigh, a 2,195-bed student housing property underway near the North Carolina State University main...
American Landmark Apartments Acquires 300-Unit Class A Community Renamed EightyOne 10 Blue Goose Near...
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Alta Blue Goose, a 300-unit class A community to be renamed EightyOne 10 Blue Goose. “The acquisition of EightyOne 10 Blue...
Cushman & Wakefield Arranges $77M Refinancing for Student Housing Property Junction 49 at UNC
Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to SR Real Estate Partners and Circle Squared Alternative Investments in securing $77,000,000 for the refinancing of Junction 49,...
JCCG Begins Development on The Cottages at Villa Rica Near Marietta Georgia
Jim Chapman Construction Group (JCCG), a build-to-rent general contractor, is pleased to announce it has signed a General Contractor’s agreement with a publicly traded REIT to develop and build The Cottages at Villa Rica,...
TruAmerica Acquires 300 Unit Multifamily Property Sheridan Park At Spring Creek Apartments in Plano...
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Sheridan Park at Spring Creek Apartments, a 300-unit multifamily property located in Plano, one of Dallas/Fort Worth’s most desirable suburbs. The transaction purchase price, comprised...
Housing Trust Group Breaks Ground on Red Oaks a $26M Affordable Housing Community in...
Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has successfully secured financing and commenced construction on Red Oaks, a $26 million affordable housing community with 70 units in Austin,...