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News
Hoefer Welker Designs 192-Unit Apartment Project in Topeka, Kansas
3+ day, 17+ hour ago (170+ words) TOPEKA, KAN. — Hoefer Welker has designed The Hutch, a 192-unit apartment project slated to break ground in October in Topeka. Plans call for 2,500 square feet of ground-floor retail space and 5,500 square feet of resident amenities, including a rooftop viewing deck…...
Waterton Acquires 482-Unit Reserve at Chino Hills Apartments in California
2+ day, 17+ hour ago (166+ words) CHINO HILLS, CALIF. — Waterton has purchased Reserve at Chino Hills, a multifamily property in Chino Hills. Terms of the transaction were not disclosed. Situated on 20 acres at 4200 Village Drive, the garden-style community features 46 residential buildings and a clubhouse. Waterton plans…...
Carbon Shepherd Completes 84-Unit Independent Living Project in Sherman, Texas
3+ day, 17+ hour ago (167+ words) SHERMAN, TEXAS — Dallas-based Carbon Shepherd Development has completed an 84-unit independent living project in the North Texas city of Sherman. Woodland Cottages Sherman offers one- and two-bedroom units that are reserved for renters age 55 and above. Amenities include a pool,…...
RISE, University of Tennessee Complete 1,024-Bed Residence Hall
3+ day, 17+ hour ago (142+ words) KNOXVILLE, TENN. — A public-private partnership between RISE: A Real Estate Co. and the University of Tennessee has completed Torchbearer Hall, a 1,024-bed residence hall development on the institution’s campus in Knoxville. The project is Phase II of a larger development…...
TSB Capital Arranges Refinancing for 448-Bed Student Housing Community Near Northern Arizona University
3+ day, 17+ hour ago (230+ words) FLAGSTAFF, ARIZ. — TSB Capital Advisors has secured a refinancing for Commons at Sawmill, a 448-bed student housing community located near the Northern Arizona University campus in Flagstaff. TSB placed a floating-rate loan through Old National Bank on behalf of the…...
Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson
3+ day, 17+ hour ago (234+ words) JACKSON, MISS. — Northmarq has provided a Fannie Mae loan for the permanent financing of The District Lofts, a six-story, 261-unit apartment community located at 120 District Blvd. E in Jackson. Chimnay Bhatt, Cody Kirkpatrick, Noam Franklin and Brian Fisher of Northmarq…...
MorningStar Senior Living Completes Recapitalization of 168-Unit Property in Las Vegas
4+ day, 16+ hour ago (321+ words) LAS VEGAS — MorningStar Senior Living has recapitalized MorningStar Senior Living at The Canyons, a seniors housing property situated on 3.6 acres at 490 S. Hualapai Way in Las Vegas. JLL Capital Markets represented the seller, a joint venture between Confluent Development and…...
CrestMarc, Midloch Acquire 294-Unit Apartment Complex in Huntsville, Texas
4+ day, 15+ hour ago (233+ words) HUNTSVILLE, TEXAS — A partnership between two investment firms, Dallas-based CrestMarc and Chicago-based Midloch Investment Partners, has acquired The Forum at Sam Houston, a 294-unit apartment complex located about 70 miles north of Houston in Huntsville. The property also functions as student…...
Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota
4+ day, 16+ hour ago (181+ words) ROCHESTER, MINN. — Cushman & Wakefield has brokered the $7.3 million sale of Cascade Apartments, a 44-unit property in Rochester. Chris Collins, Lance Steiger, Evan Miller and Erin Salway of Cushman & Wakefield represented the seller, Patina Management. The buyer was Black Swan Living....
Eastwind Breaks Ground on 264-Unit Multifamily Development on Florida’s Space Coast
4+ day, 17+ hour ago (150+ words) MELBOURNE, FLA. — Eastwind Development has broken ground on The Aston at Longleaf, a 264-unit multifamily development in Melbourne, a city on Florida’s Space Coast. The 17-acre project will be situated on Preserve Drive. Eastwind previously secured a $45.5 million construction loan from…...