Gindi Equities sold the Lindsey Manor Apartments, a 222-unit multifamily community at 472 Lindsey Street in Kernersville, North Carolina, for $34 million, or approximately $153,000 per apartment. The company says it’s the largest residential transaction of the year in Forsyth…
Walker & Dunlop arranged $23.9M in construction equity for Emberwood, a to-be-built senior affordable housing apartment complex located in Casa Grande, Arizona. The W&D Affordable Equity team led by Aaron Krasnow arranged the equity on behalf of the client, Roers Companies. ($23.9 million 4% LIHTC and…
A Northmarq Carolinas Multifamily Investment Sales team completed the $49.25 million sale of Ryder Junction, a 264-unit multifamily community located at 900 Conductor Circle in Greer, South Carolina. Northmarq also arranged financing on behalf of the borrower, The Beach Company,…
RXR has broken down on its first project within the 1,100-acre Veridea mixed-use community in Apex. Phase I of Veridea will include approximately 1,500 multifamily units, 1,100 single-family homes and townhomes built by Lennar Homebuilders, 150,000 square feet of retail,…
BWE has secured $57.8 million to refinance Keystone Villa at Douglassville, a 247-unit, Class A independent living, assisted living, and memory care community in Douglassville, Pennsylvania. Ryan Stoll, national director of Seniors Housing and Care at BWE, and Taylor Mokris,…
Pennrose and Mercy Care have worked out a plan where a portion of 170-units recently completed apartments will be set aside for transitional/respite units for nearby Mercy Care patients in Atlanta. In addition, all residents of McAuley Station will have…
Corner Lot is ready to start taking reservations for its new 320-unit apartment development in Northside Jacksonville. The community is located at 12525 Tibbets Lane. The $75 million project is located directly across from the Amazon Fulfillment and Distribution Centers…
Housing Trust Group (HTG) and AM Affordable Housing closed on financing and commenced construction on Courtside Apartments II, a $58 million affordable apartment community comprised of 120 units in Miami’s historic Overtown neighborhood. Phase I wrapped up in 2016. Apartments at…
Gorman & Co. has debuted its second affordable housing community in Atlanta. Located along Martin Luther King Jr. Drive across from the H.E. Holmes MARTA Station in Southwest Atlanta, Hamilton Hills offers 52 apartment units featuring one-, two- and three-bedroom…
Ascendant Development delivered the Haven at Charlotte, a luxury 369-unit property in Nashville. Commercial Edge reports the firm took out a $55.4 million construction loan for the project, which Citizens Financial Group originated in 2021. Haven at Charlotte is…
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