property type: Multifamily

Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co. has provided $43 million of mortgage financing to facilitate the purchase of Curvee, a 310-unit apartment property in Glendale, Ariz. Pillar Communities of Scottsdale, Ariz., bought the property for $86 ...

Dallas Morning News Hines will start work next summer on a two-building apartment development in Dallas' Victory Park neighborhood. The Houston company is constructing the $150 million project at 2371 Victory Ave., just south of the Stemmons Freeway and next ...

ConnectCRE Weidner Apartment Homes has paid $89.5 million, or $483,783/unit, for Uptown at Kirkland Urban, a 185-unit apartment property in Kirkland, Wash. The local company purchased the seven-story property from PGIM Real Estate. Uptown at Kirkland, at 550 Uptown Court, ...

The Real Deal Parkview Financial, which had provided $66 million of financing against a 131-unit apartment project in Brooklyn, N.Y., has filed a lawsuit against its developer, Aview Equities, in an effort to collect on the financing. Parkview claimed in ...

Multi-Housing News Passco Cos. has acquired Cortona at Forest Park, a 278-unit apartment property in St. Louis. The sales price could not yet be learned. The Irvine, Calif., company purchased the property from Invesco Real Estate, which had acquired it in ...

Charlotte Business Journal Eaton Vance Management has bought Presley Uptown, a 230-unit apartment property in Charlotte, N.C., for $65.8 million, or about $286,087/unit. The Boston company purchased the property from a venture of JLL Income Property Trust and Penler, which ...

Orlando Business Journal An Atlanta-based entity calling itself TRR Ellington Investor LLC has bought Ellington at Oviedo on the Park, a 297-unit apartment property in the Orlando, Fla., suburb of Oviedo, Fla., for $94.1 million, or about $316,835/unit. The company, ...

San Antonio Business Journal The $25.3 million loan against the Melia Apartment Homes in San Antonio has been transferred to special servicing as the borrower defaulted on its payments. GVA, an Austin, Texas, investor and property manager, had purchased the ...