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…
A Buford developer is proposing a sprawling mixed-use project northeast of Atlanta. Scott Puckett hopes to build a 75-acre mixed-use project in Hall County. The Atlanta Business Chronicle reports he’s aiming to construct 500 homes, both multifamily and standalone, food…
Switchyards Atlanta-based coworking company Switchyards is gearing up for a nationwide expansion, planning to open hundreds of coworking locations following its $5M capital raise, according to Axios. Founded in 2019, Switchyards operates 15 “work clubs” around the Southeast. It describes…
Mayor Brandon Johnson and World Business Chicago Vice-Chair Charles Smith announced that Philip B. Clement has been selected to serve as president and CEO of World Business Chicago (WBC). “Philip B. Clement is an exceptional leader with a remarkable track…
Courtesy of MCB Real Estate The interior of Yard 56, an MCB project. While at one point it may have seemed there would never be enough multifamily units to meet the demand, market dynamics appear to be shifting. A surge in…
Red Oak Capital Holdings has provided $6.3 million to refinance Laura Street Trio, a collection of once-proud assets in the core of Downtown Jacksonville, FL. The structures, considered to be among the most significant and endangered historical buildings in the…
End of content
End of content
