The JLL team was led by Managing Director Mark Erland and Director Kevin Barron. “3rd and Grand is an exceptionally well-designed project that will benefit from its transit-oriented location with city incentives, Kansas City’s booming market fundamentals and its seasoned…
San Diego-based real estate private equity firm Pacifica Companies, LLC completed its acquisition of a 15-community senior living portfolio from Retirement Housing Foundation for $180,500,000. The acquisition was made in stages, with various segments closing in phases throughout late 2022,…
A historic, independent hotel will be ready to open this summer on West Peachtree Street following months of renovations. Spanish Colonial-inspired Hotel Granada will offer 120 rooms and an open-air courtyard with multiple options for lounging, drinking, and dining. It used to be known…
The Benoit Group, in partnership with Atlanta Housing, closed project financing for the development of Englewood Senior. The 160-unit affordable independent senior living project marks the first redevelopment phase of a master-planned, mixed-use, multi-phase community on the 30-acre site of…
A private local owner has hired Colliers Chicago’s capital markets team of Alissa Adler and John Homsher, CCIM, and the multifamily team of Tyler Hague and Lauren Stoliar, to market a 55,033-square-foot, mixed-use property at 1770 1st Street in Highland…
Greystone Monticello has closed a $16.67 million bridge loan for the acquisition of a seniors housing property in Illinois. The financing was originated by Karina Davydov, a managing director for Greystone Monticello. The property comprises independent living, assisted living and…
Power Properties unloaded a value-add, eight-property portfolio at a price of $240 million. Springer Capital purchased the 2,164 units. MF Capital helped finance the deal. Commercial Edge reports the portfolio sale marks the largest market-rate property transaction in South Carolina…
Fairfield Residential paid $51.8 million for a 380-unit South Nashville apartment complex. The Landmark at Wynton Pointe apartment community, located at 1000 Enclave Circle, was purchased for about $136,289 per unit. The development has a pool, fitness area, clubhouse, barbecue…
G & M Landover, LLC recently completed the $4.65 million purchase of the Landover Townhomes, a 12-unit multi-family property located at 11015 NE 26th St in Vancouver, Washington. David Chatfield and Cameron Mercer with Portland-based Norris & Stevens, Inc. represented…
Albion Residential has secured a $102 million construction loan from Pacific Life Insurance for the first of two towers. Named Albion Music Row, the towers will be built on the former Beaman’s car lot in Nashville. Albion Music Row’s site is comprised…
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