The Michaels Organization, Spandrel Development, and One80 Place to Transform Vacant Property at 573...
The Michaels Organization, working in partnership with One80 Place and Spandrel Development Partners, is set to transform a vacant lot in downtown Charleston into much-needed permanent, affordable housing exclusively serving homeless individuals and families,...
Southtown Oxbow Site Priming for Development of Southdown Aldea
Oxbow Development Group is proceeding with a redevelopment project in San Antonio that will replace the former San Antonio school district headquarters. The company is planning a mixed-use project to be called “Southdown Aldea,”...
Eastside Trail Project Developer Adding 780 Apartments
New City is asking Metro Atlanta for permission to include 780 new apartments in its $1 billion Atlanta Beltline Eastside Trail project. There is no timeline for when the project will begin. New City...
The Sophie Now Open For Leasing
The Sophie, a 282-unit, luxury apartment home community located in the heart of New Braunfels, Texas is now open for leasing. Developed and managed by AOG Living, the Class A community further expands AOG's...
JLL Secures Loan for Urban East Multifamily Community in Austin
JLL Capital Markets announced that it has secured a $55 million loan for Urban East, a newly constructed, 381-unit, Class A multifamily community in Austin, Texas. JLL worked on behalf of the ownership team which...
Institutional Property Advisors Closes Multifamily Sale of The Biltmore in Arlington Texas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Biltmore, a 186-unit multifamily property in Arlington, Texas. “Located in North Arlington, the property has received significant capital improvements to...
PCCP, LLC Acquires 13-Acre Land Parcel for Development of 109-Unit Built-for-Rent Townhome Community Skymor...
PCCP, LLC announced it has acquired 13-acre parcel of land for the construction of Skymor at Pearland, a Class A, 109-unit built-for-rent gated townhome community located on Old Chocolate Bayou Road in Pearland, Texas...
Eastham and Mosaic Completes Purchase of Two Houston Multifamily Properties Amber Oaks and Park...
Eastham Capital and Mosaic Residential facilitate the purchase of a two-property Houston multifamily portfolio, Amber Oaks in Pearland and Park Place in downtown Houston. The terms of the transaction along with seller/buyer information was...
Global Real Estate Advisors Announces Sale of Aqua Sandy Springs Near Atlanta
Global Real Estate Advisors (GREA), a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, announces the $36.7 million sale of Aqua Sandy Springs in Sandy Springs, Georgia. Global Real Estate Advisors represented...
Parkland Residential Secures Construction Financing for Phase 2 of Sweetwater Springs Near Atlanta
Parkland Residential announces it has secured construction financing from The Piedmont Bank for Phase Two of Sweetwater Springs in Lawrenceville. Land Development is complete, and framing will start soon on the 37 stacked townhomes...
JLL Arranges Funding for Vista Residential Partners’ McAlpine Vista Project in Charlotte
JLL Capital Markets announced that it has secured a $43.6 million financing for McAlpine Vista, a 320-unit surface-parked multifamily project located in Charlotte, North Carolina. JLL worked on behalf of the borrower, Vista Residential Partners,...
Marcus & Millichap Arranges $6.9M Sale of 100-Unit Multifamily Property Germantown Village Apartments in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Germantown Village Apartments, a 100-unit apartment property located in Louisville, Kentucky....
Lion Adds 190-Unit, Off-Market Multifamily Asset Stone Creek at Old Farm in Houston to...
Lion Real Estate Group, LLC ("LREG"), a Dallas-headquartered real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, acquired Stone Creek at Old Farm, a 190-unit, Class B+, multifamily...
Marcus & Millichap Capital Corporation Arranges $9M in Financing for Memphis Multifamily Portfolio Including...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $8,965,000 for the refinancing of North Point Apartments, located at 3201 Thomas Street and Grand Oak...
Harbor Group Assumes Ownership of Foreclosed 623-unit Atlanta Multifamily Property Lofts at Twenty25
Harbor Group International has assumed ownership of the 623-unit asset after foreclosing on the $104.7 million, three-year floating rate loan it originated for former owner Miami-based Westside Capital Group. The Norfolk, Virginia-based apartment owner...