Greystar was selected, along with the development firm’s nonprofit partner, Provident Resources Group, by the University of Washington’s Board of Regents to lease four University-owned student housing properties. In addition to taking over management of the Nordheim Court and Radford…
Woodfield Investments and Argosy Real Estate Partners have secured $120 million to refinance the recently completed Morrison Yard Residences, a 379-unit rental project in Charleston. CBRE arranged the loan for the venture, which also includes 27,608 square feet of ground-level…
JLL has arranged the $79 million refinancing of Marina Square, a 270-unit, newly built, luxury apartment community located on the Puget Sound waterfront in Bremerton, Washington. The JLL Capital Markets Debt Advisory team was led by Senior Director Seth Heikkila,…
Kairoi Residential is expecting to invest $500 million on projects in Charlotte. So far, the company has a handful of properties in various stages of planning. Its first, which is under construction now, is 5Line, a community in the lower…
CBRE has negotiated the sale of Lexington Hills, a 168-unit multifamily community in Eagan, Minnesota, to Reacor Ltd. CBRE’s Ted Abramson, Keith Collins and Abe Appert represented the seller, Monument Frozen Tundra LLC, in the transaction. “Lexington Hills demonstrates the…
United Properties, a Minneapolis-based commercial property investment company, has acquired Champlin Shores, a senior living community located at 119 E. Hayden Lake Road in Champlin, Minnesota. The property will be rebranded as Amira Choice Champlin. Operating partner Ebenezer Senior Living…
Colliers and been appointed as the exclusive agent for the sale of the “CNO Corporate Campus” located at 11825 N. Pennsylvania Street in Carmel, Indiana. The 78-acre property is currently owned by CNO Financial Group, which is moving to its…
New Hope Housing recently broke ground on New Hope Housing Ennis – a new construction, 102-unit property that will provide much-needed affordable housing to the 55+ community for the Houston Metro area. 11 units will be reserved for individuals with…
Napali Capital sold Residences at Belmont, a 176-unit garden-style multifamily property located in Belmont, N.C., to URS Capital. URS Capital assumed a $12.8 million, fixed-rate Fannie Mae loan. Commercial Edge reports it was originated by Berkadia in 2018 at a…
Berkadia secured financing for Axonic Properties’ acquisition of 246 out of 361 condo units at Palmera Pointe Apartments, located in the Town ‘n’ Country submarket of Tampa, Florida. Berkadia’s Mitch Sinberg led a team that secured a $32.23 million loan…
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