News

AH Realty Trust to Sell 11 Multifamily Properties to Harbor Group

Washington DC + Apartment Buildings

AH Realty Trust announced that it has entered into a binding agreement with Harbor Group International for the sale of an 11-asset multifamily portfolio for $562 million in cash. The move aims to simplify AH Realty Trust’s operations while reallocating capital towards its core strategies. The sale proceeds will focus on debt reduction as AH...

Learn more

Berkadia Secures $114M in Financing for Assisted Living Portfolio

Washington DC

Berkadia announced the refinancing of a nine-property assisted living portfolio spanning Pennsylvania and Ohio. Managing Directors Steve Muth, Garrett Sacco, and Austin Sacco, along with AVP Alec Rosenfeld of Berkadia Seniors Housing & Healthcare, arranged the $114.37 million financing through Bloomfield Capital Partners, LLC , on behalf of the borrower, a joint venture with an experienced owner and New Perspective Senior Living,...

Learn more

TerraCap Picks Up Arrowhead Apartments for $82.15M

Phoenix & Southwest + Apartment Buildings

TerraCap paid $82.15 million for the Tresa at Arrowhead, a 360-unit multifamily community located in Glendale, Arizona. CBRE’s Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented the seller, Hamilton Zanze. CBRE Debt & Structured Finance arranged financing for the buyer. Completed in 1998, this low-density garden site plan features all two-story buildings and expansive amenities. The gated community...

Learn more

Sutton, myAbode Partnership Unites 12,000 Brokers on One Platform

Canada + Apartment Buildings

A new partnership between myAbode and Sutton Group will bring more than 12,000 real estate agents onto a single technology platform in Canada. The collaboration combines a predominantly proptech firm with a well-established real estate player. Toronto-based myAbode announced that it has made a strategic investment in Sutton, combining the brokerage network with myAbode’s technology...

Learn more

Another Rental Community Slated for The Farm in Allen

Atlanta & Southeast + Apartment Buildings

Wood Partners is building Alta Reserve, a new multifamily community, in Allen. The company is building within The Farm, a 135-acre mixed-use development located along SH 121. Alta Preserve is part of the third phase of Wood Partners’ multifamily construction at The Farm. The firm also developed Alta at The Farm, which debuted in 2023, and...

Learn more

BoC Expected to Toe Line Again on Interest Rates

Canada + Apartment Buildings

The Bank of Canada is expected to hold its key overnight lending rate at 2.25% for the third straight time on Wednesday amid rising oil prices due to the U.S. and Israel’s war in Iran and ongoing Canadian-American trade tensions. A new Statistics Canada report released Monday helped ease the central bank’s concerns about inflation,...

Learn more

Clover Capital Acquires Two Dallas Rental Communities

Texas + Apartment Buildings

Clover Capital Partners has acquired Creekstone and Gable Point, two apartment properties totaling 374 units located at at 11110 and 11111 Woodmeadow Parkway in Dallas. Commercial Edge reports the sellers were the local Pardue family, who developed the assets in the 1980s. The company plans to make a number of operational improvements and capital investments...

Learn more

Stryker, Griffon Capital Land $57M Construction Loan for Frisco Apartments

Texas + Apartment Buildings

BridgeInvest closed on a $57 million construction loan for the Frisco Fremont, a to-be-built 313-unit multifamily property in Frisco. The sponsor, a partnership between Stryker Properties and Griffon Capital Management, will build the property over the 2-3 years before implementing their lease-up program. 25 Capital Partners is also a preferred equity investor in Frisco Freemont....

Learn more
New call-to-action
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up