property type: Multifamily

San Antonio Business Journal An affiliate of Casey Development has tapped Berkadia to market for sale Tacara at Weiss Ranch, a 300‑unit apartment complex in Pflugerville, Texas. The property, at 4401 East Pflugerville Parkway, about 18 miles northeast of Austin, ...

Crain's Chicago Business Menashe Properties is in talks to pay less than $60 million, or $76.43/sf, for the 785,000-square-foot office property at 180 North LaSalle St. in Chicago. The Portland, Ore., investment firm would be buying the building from La ...

Tampa Bay Business Journal Fairstead has paid $30.7 million, or $153,500/unit, for the Silver Oaks Apartments, a 200‑unit affordable housing complex in Tampa, Fla. The seller was not identified. The New York real estate company financed its purchase with Freddie ...

Crain's Chicago Business The State Teachers Retirement System of Ohio has paid $85 million, or $400,943/unit, for the 212-unit Fynn apartment property in Elmhurst, Ill., a western suburb of Chicago. The pension fund acquired the property from an affiliate of ...

PCCP has provided $78 million of financing against the 367-unit Alexan Evans Station apartment property in Denver. The property, at 2121 South Broadway, next to a light-rail station and near an on-ramp to State Route 85, was developed three years ...

Northwind Group has provided $401 million of mortgage financing for the Ritz-Carlton Residences Palm Beach Gardens, a 106-unit residential property that Catalfumo Cos. is developing in Palm Beach Gardens, Fla. The loan, arranged by Berkadia, is backed by the units ...

The Real Deal RPM Living has paid $151.4 million, or $398,421/unit, for Biscayne Shores, a 380‑unit residential complex in Miami. The Austin, Texas, multifamily investor acquired the property from a venture of Integra Investments, Korgeous Group, and DCL Capital. CBRE ...

Commercial Real Estate Direct Staff Report Vornado Realty Trust's plans to redevelop its 585,000-square-foot office building at 350 Park Ave. in Midtown Manhattan into a 1.7 million-sf structure that would house Citadel Enterprises Americas' headquarters hit a stumbling block in ...

Washington Business Journal A venture of Hoffman & Associates, Snell Properties, and Mitsui Fudosan America Inc. has lined up $195 million of construction financing to build 4600 Fairfax, a 420-unit apartment project in Arlington, Va. The seven-story project is being ...

Fannie Mae funded 669 multifamily loans with a balance of $17.1 billion during the first quarter, up nearly 45% from the $11.8 billion it funded a year ago. The latest quarter's volume increased the housing-finance agency's book of multifamily loans ...