Cushman & Wakefield has arranged the $29.6-million sale of Greenwood at Ashley River, a 280-unit apartment community in North Charleston, SC. Jordan McCarley, Marc Robinson and Tai Cohen of Cushman & Wakefield represented the seller, The RADCO Cos., in the…
Cedar Grove Capital has acquired Hawthorne Six Forks, a 471-unit apartment community in Raleigh for $66 million. The seller was not disclosed. Henry Stimler, Bill Weber and Nick Webb of NKF secured a $46 million acquisition loan on behalf of…
National real estate investor and operator Waterton has acquired Nashboro Village, a 994-unit apartment community in metro Nashville. The sales price was not disclosed. Located at 115 Nashboro Blvd., the community was built in phases between 1974 and 1987 and…
Hunt Real Estate Capital provided two Freddie Mac conventional loans totaling $18.3 million to refinance two multifamily properties located in Michigan for the same sponsor, ROCO Real Estate LLC. Both loans have a 10-year term with a 30-year amortization period. “The borrower is a repeat…
Developer Crescent Communities, along with global private investment firm Starwood Capital Group, has announced plans for a new mixed-use community in Nashville’s Edgehill neighborhood. The community is located at 801 12th Ave. South, within an opportunity zone and will include…
Cushman & Wakefield, in partnership with Avison Young, has brokered the sale of a multifamily portfolio consisting of three apartment communities in the Southeast. The sales price was not disclosed. Jimmy Adams, Tai Cohen, Taylor Bird and Marc Robinson of…
Phillips Realty Capital has secured $27.8 million in equity financing on behalf of Woodfield Development for the development of Morrison Yard, a 380-unit multifamily community in Charleston’s NoMo neighborhood. Construction has commenced on the site, which will consist of a…
Wells Fargo is launching a competition for ambitious ideas as part of a $1B pledge to tackle what it sees as the national housing affordability crisis. The banking giant is partnering with affordable housing nonprofit Enterprise Community Partners on the Housing Affordability Breakthrough Challenge. The…
Private equity real estate investment firm Eller Capital Partners has announced the launch of a new multifamily acquisitions fund focused on major metropolitan areas in the Southeast. Eller has set a target of $50 million for a new fund and…
TA Realty has acquired Two Greenway Centre, a five-story office building in Franklin, TN. The sales price was $43.5 million, according to various media outlets. The 155,000-square-foot property is located at 302 Innovation Dr., 16 miles south of Nashville. Charlotte-based…
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