Matheson Capital, a Charleston-based real estate investment and asset management firm specializing in value-add multifamily properties in the Southeast, has acquired Residences at St. George, a 248-unit multifamily property in Savannah’s Georgetown submarket. This acquisition marks Matheson Capital’s entry into the…
Tower Capital helped arrange a $19 million loan to refinance 99 townhomes developed in the first phase of Poplin Glen, a 268-unit BTR development in Charlotte. The loan replaced an original bridge loan Tower Capital arranged in July 2021 to…
CBRE finalized the sales of two six-unit multifamily properties in San Clemente to individual private investors, resulting in a combined sale price of $5,545,000. EVP Dan Blackwell, first VP Mike O’Neill and associate Amanda Fielder represented both the buyers and…
Chicago-based Evergreen Real Estate Group has completed the Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso, Indiana. The $30 million project is located at 2550 W. Morthland Drive and includes 48 studio and 72 one-bedroom apartments. Evergreen Construction Company,…
The last remains of the steel and concrete that once made up the Frank Erwin Center were demolished last week. Before the final explosion, crews had been taking down the former arena piece by piece since June 2023. Located adjacent to downtown Austin,…
Dawson Forest, a 268-unit value-add asset located outside of Atlanta, has been picked up by Viking Capital for $52 million. Viking says the asset has value-add potential with a business plan of renovations on 68% of units, equaling a $548,000 upside. The…
WheelHouse is adding 49 garage condos to its newest site at 950 Cross Town Drive. It already has locations in San Pablo and near Palm Valley Road. WheelHouse is building out its new Ponte Vedra Beach location, receiving several building…
Hines, in partnership with Cresset Partners, has launched construction for the redevelopment of 429 Houston, an approximately 30,000-square-foot industrial and retail mixed-use property located in Nashville’s Wedgewood Houston neighborhood. The redevelopment will transform 429 Houston—which the company purchased in December…
Skanska has been appointed by Virginia Tech to demolish Randolph Hall and construct Mitchell Hall, a new 285,500 square foot facility for the College of Engineering. The five-story building will expand the campus footprint by over 70% and become the largest building on…
Mall giant Simon plans an interior and exterior revitalization of the Houston Galleria. The Galleria is Texas’ largest and among the nation’s biggest shopping centers, offering over 2.4 million square feet of retail, dining, and amenities. The multimillion-dollar upgrades will…
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