Austin Business Journal Brandywine Realty Trust has sold the Solaris, a 341-unit apartment property in Austin, Texas, for $136 million, or $398,827/unit The buyer was not immediately known Solaris, at 11501 1/2 Burnet Road, opened two years ago and...
Multi-Housing News The Annex Group has broken ground on Central at Old Southside, a 227-unit affordable housing property in Indianapolis The Fishers, Ind, developer is building the property at 1406 South Capitol Ave, about 2 miles south of downtown...
Houston Business Journal A venture of Simi Capital and Decker Capital has acquired three small-bay industrial properties totaling more than 360,000 square feet in Houston The sellers were not identified Sapphire Industrial Lending provided...
Dallas Business Journal Parmenter Realty Partners is offering for sale Mandalay Towers, an 800,000-square-foot office complex in the Las Colinas section of Irving, Texas The Miami owner has tapped Cushman & Wakefield to market the three-building...
Commercial Observer Sumitomo Mitsui Banking Corp has provided $1075 million of financing against a 599-unit apartment portfolio in Richardson, Texas, and King of Prussia, Pa Ares Real Estate owns the two-property portfolio, which consists of Axis...
The Denver metropolitan statistical area is the 14th largest apartment market in the country by number of units But it's among the most distressed, at least when measured by the percentage of securitized loans that are on servicer watchlists...
South Florida Business Journal Tyko Capital has provided $507 million of construction financing for the 106-unit condominium project at 1250 West Ave in Miami Beach, Fla A venture led by Terra of Miami is developing the 28-story property Unit sales...
Multi-Housing News Thompson Thrift has broken ground on the Highline, a 300-unit apartment property in Nampa, Idaho The Indianapolis developer is building the property at 16761 North Idaho Center Blvd, about 17 miles east of Boise, Idaho Highline...
Multi-Housing News Affinius Capital has provided a $948 million loan for the construction of Zev Corvallis, a 262-unit student-housing property near Oregon State University in Corvallis, Ore The 13-story property, at 516 SW Fourth St, is being...
Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
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