Multi-Housing News Sterling Group has opened the 126-unit Astral at Franklin seniors-housing property in Franklin, Ind. The Mishawaka, Ind., developer broke ground on the three-story development, which cost $32 million to complete, last year. It offers independent-living, assisted-living and memory-care ...
Milwaukee Business Journal Fiduciary Real Estate Development Inc. has filed plans to build Seasons at Franklin, a 252-unit apartment property in Franklin, Wis. The Milwaukee developer is planning to build the property at the intersection of 27th Street and South ...
The property is encumbered by what was a $40.4 million loan that was provided in 2014 by Greystone under the U.S. Department of Housing and Urban Development's 223(f) program. The loan pays a coupon of 4.05 percent and amortizes fully ...
TruAmerica Multifamily has paid $196 million for a pair of apartment properties with 903 units in Phoenix and the Nashville, Tenn., suburb of Franklin, Tenn. The Los Angeles investment manager paid $96 million, or $220,689/unit, for the 435-unit Urban, at ...
UDR Inc. has paid $328.5 million for three apartment properties with 1,372 units in Florida, Massachusetts and Virginia. The REIT bought the three properties in separate deals from Jones Street Investment Partners, Sentinel Real Estate Corp. and Woodfield Development. It ...
82 percent leased to 15 tenants. KBS Strategic will fund its purchase with a mortgage and some of the proceeds from the sale of 11 office properties to Keppel-KBS US REIT, a venture that the REIT's sponsor, KBS Realty Advisors ...
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