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ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International. The loan facility was arranged by Walker & Dunlop. The portfolio that backs ...
Dwight Capital has provided $48.3 million of mortgage financing, under the U.S. Department of Housing and Urban Development's 223(f) program, against the 215-unit Plaza at Pikes Peak apartment property in Colorado Springs, Colo. The property, at 702 East Pikes Peak ...
Garrett Cos. has lined up $73 million of construction financing for a pair of apartment properties with a total of 387 units it's planning to build in Colorado. The Greenwood, Ind., developer, among the most active in the country, received ...
Commercial Real Estate Direct Staff Report Thompson Thrift Residential has sold the 360-unit Apex apartment property in Colorado Springs, Colo. The buyer and purchase price could not be learned immediately. However, the property was valued at $113.4 million by the ...
BWE has provided $39.5 million of financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of Pueblo Springs, a 199-unit apartment property in Pueblo, Colo. The loan, which can transition to permanent financing, amortizes ...
Multi-Housing News First National Bank of Omaha has provided $58.7 million of financing for the construction of Retreat at Mountainside, a 284-unit apartment property in Colorado Springs, Colo. A venture of Hines of Houston and MBK Rental Living of Irvine, ...
Albuquerque Business First Titan Development has broken ground on Allaso Peak, a 253-unit apartment property in Colorado Springs, Colo. The Albuquerque, N.M., developer is building the property at 2485 Bravery Heights. It is funding the project through its Titan Development ...
ARA US Hospitality Trust has paid $29 million, or $243,697/room, for Home2 Suites by Hilton, a 119-room extended-stay hotel in Colorado Springs, Colo. The Singapore hotel investor purchased it from Chartwell Hospitality of Franklin, Tenn.
Hotel-Online.com ARA US Hospitality Trust has paid $29 million, or $243,697/room, for Home2 Suites by Hilton, a 119-room extended-stay hotel in Colorado Springs, Colo. The Singapore hotel investor purchased it from Chartwell Hospitality of Franklin, Tenn. The property was built ...
The buyer was an investor group registered in Wilmington, Del., according to El Paso County, Colo., records. Axton, of San Francisco, and Bascom, of Irvine, Calif., had acquired the properties in 2019, paying $31 million for the 374-unit Park at Penrose, ...
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