Starlight Investments offloaded two Orlando rental communities for $108.8 million. Cantor Fitzgerald was the buyer of the two-property portfolio encompassing 539 units in Orlando, Fla. The two properties are adjacent to each other.
Multihousing News reports the sale included the 275-unit Hudson at East, which traded for $68.4 million, and the 264-unit Eight at East, which sold for $39.4 million.
Cantor secured an $86.5 million Freddie Mac acquisition loan, which Newmark originated.
Eight at East debuted in 2017, while Hudson at East came online two years later. Each community features one—to three-bedroom floor plans averaging roughly 1,044 square feet. Combined amenities include two swimming pools, a pet spa, a car wash and a conference room.
From capital markets and financing trends to development, acquisitions, and property management strategies, Connect Apartments on September 11 dives into the issues shaping today’s multifamily landscape. Join the experts leading conversations on affordability, innovation, market dynamics, and investment opportunities—all in one day, under one roof. If you want the latest insights that drive decisions in apartments, this is where you’ll find them: www.connectapts2025.com
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
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The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
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