Castle Lanterra Properties sells 370-unit array apartment community in Austin for $47.5 million
Castle Lanterra Properties (CLP), a New York-based national real estate investment firm, announced the $47.5-million sale of Array, a 370-unit apartment community located at 2101 Burton Drive in the East Riverside-Oltorf section of Austin,...
Berkadia Arranges $37.5M in Acquisition Financing for Tavalo Tradition
Berkadia announces it has arranged the acquisition financing for Tavalo Tradition, a 216-townhome build-to-rent community located on one of the last developable parcels of land within the Tradition Master Planned Community in Port St....
Endeavor Unveils Mueller’s Newest Luxury Apartment Community Solomon in Austin Texas
Endeavor Real Estate Group is pleased to announce that its newest apartment community, Solomon, is opening and welcoming residents this month.
"Solomon has a high-end feel with market-leading finishes and amenities that residents will love,"...
Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston
Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit Bellfort Plaza Apartments. The multifamily community is situated in the...
Michaels achieves financial closing on $61 million development in San Marcos, Texas
The Michaels Organization, a national leader in residential real estate and the largest private sector owner of affordable housing in the country, has successfully closed on $61 million in financing for Mission Trail at El...
Berkadia arranges financing for Eagle Property Capital’s three-property portfolio in Dallas, Texas
Berkadia announces it has arranged the financing of a three-property portfolio totaling 840 units in Dallas, Texas: Mustang Villas Apartments, Prestonwood Apartment Homes and Bella Vista. Managing Director Brad Williamson of Berkadia Miami, along...
BWE Secures $18.5M in Financing for St. Louis Workforce Housing Portfolio – One Loop...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured permanent financing for One Loop Apartments, Broadway Park Apartments, and Park Vue Flats, three workforce housing communities in St. Louis,...
Landmark Properties Closes on Recapitalization of The Standard at Austin Student Housing Community
Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announced it has recapitalized The Standard at Austin. The property is a 934-bed, student housing...
CAPREIT Announces Grand Opening of Baldwin Chase BTR Single-Family Homes Near Greenville South Carolina
CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, announced the grand opening of Baldwin Chase, the company’s first single-family build-to-rent...
Boomtown big
But it's not just oil field workers who are feeling the squeeze for shelter. The police chief of one city has been living in a trailer for almost five months.
"It is home for now,"...
Berkadia arranges sale and finance of garden-style workforce multifamily community in Houston, Texas
Berkadia announces it has arranged the sale and finance of Creekside Villas at Clear Lake, a 202-unit workforce housing community in Houston, Texas. Managing Directors Joey Rippel and Chris Young, Director Kyle Whitney, Managing...
Passco bolsters Houston-area portfolio with acquisition of 330-unit multifamily asset in Spring, Texas
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 The Grayson, a 330-unit, Class A apartment community in...
HUD approves $5 billion Texas disaster recovery plan
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Texans recover from Hurricane Harvey. In November, HUD Deputy Secretary Pamela Hughes...
CONTI acquires Courtyards at Mustang apartments in Grapevine, Texas
CONTI Organization, one of North Texas’ largest private multifamily property owner-operators, has acquired Courtyards at Mustang, a 246-unit complex located at 2913 Mustang Drive in Grapevine, Texas. This acquisition, CONTI’s 41st since it was founded...
Transwestern Investment Group acquires 464-unit community in Dallas-Fort Worth with S2 Capital
Transwestern Investment Group (TIG) and S2 Capital LLC today announce the acquisition of Oak Creek Apartments on behalf of one of its managed funds. Located at 1611 Oak Creek Lane in Bedford, Texas, the...
