The Halle Companies is looking to rezone about 20 acres at 5009 Louisburg Road in Northeast Raleigh to develop a large apartment complex. The developer plans to build up to 700 units in a seven-story tower. The Triangle Business Journal…
Chicago-based Core Spaces, a residential real estate developer, owner and operator, is now leasing at Oxenfree WeHo, a new rental community located in the Wedgewood-Houston neighborhood of Nashville, Tennessee. Part of the company’s Build-to-Rent platform, Oxenfree WeHo spans nearly six…
Renters can start moving into The Kendry, RangeWater Real Estate’s latest multifamily community, located at 8402 IBM Drive in Charlotte. In addition to Rainwater, project participants on the 300-unit development include McShane Construction Co. as general contractor and Poole &…
IRA Capital, an Irvine-based private equity firm, completed the acquisition of Quail Park of Lynnwood, a 253-unit, Class A senior housing property located in Washington. The all-cash acquisition, completed in partnership with an institutional joint-venture partner, includes plans to invest…
Pope & Land Real Estate has acquired 100 Midtown, a 118-unit, 330-bed luxury student housing community in Atlanta for $36.8 million. TSB Realty brokered the deal, while TSB Capital Advisors arranged the acquisition financing which was provided by First Carolina…
CBRE has arranged a $34.2 million senior loan and a $11.7 million preferred equity investment to finance the acquisition of The Preston, a 334-unit apartment complex in McDonough, Georgia, approximately 30 miles southeast of downtown Atlanta. Blake Cohen and Charlie…
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,…
Banyan Residential and Bridge Investment Group, has welcomed first move-ins at Banyan Flats, a 289-unit apartment community just west of downtown Dallas. Among one of the city’s first Public Facility Corporation projects, Banyan Flats will offer qualifying residents rent-restricted pricing on 50%…
Thompson Thrift Residential has sold Oakbrook Townhomes, an 89-unit build-to-rent community in Nashville’s suburb of Franklin, Tenn. Public records suggest the buyer, Arqitel, paid $44 million for the asset, nearly $500,000 a unit. Commercial Edge reports the sale involved a…
Northmarq SVP/managing director Stuart Oswald arranged the $35-million refinance of The Lodge at Mallard’s Landing. The 147-unit, private-pay independent living, assisted living and memory care community is located in Gig Harbor, WA, 10 miles north of Tacoma, and is managed…
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