Author

Channing Hamilton

Sovereign Apartments in Fort Worth, Texas
FloridaGeorgiaInvestment SalesKentuckyNew YorkNewsNortheastSouth CarolinaSoutheastTennesseeTexas

West Shore Secures $533 Million Refinancing for 2,806-Unit Sun Belt Portfolio

by Channing Hamilton

NEW YORK CITY — Newmark has arranged a $533 million loan for the refinancing of a portfolio spread across six states in the Sun Belt. Boston-based investment firm West Shore was the borrower. Citigroup provided the fixed-rate CMBS financing, which features a single-asset, single-borrower loan structure. Purvesh Gosalia, vice chairman of Newmark, secured the financing on behalf of West Shore.  The portfolio totals 2,806 units across nine garden-style properties. The assets include: Newmark is headquartered in New York City. The company also recently announced an assignment to market 10 multifamily …

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Company NewsDevelopmentMidwestNewsOhioPeople News

Woda Cooper Cos. Adds Two Professionals as Development Officers

by Channing Hamilton

COLUMBUS, OHIO — Woda Cooper Cos. Inc., a developer and property manager headquartered in Columbus, has added two professionals as development officers.  The company hired Malik Jordan to the role of senior vice president of development. In this role, Jordan will oversee development projects that involve housing, capital projects and community engagement. Jordan received a bachelor’s degree in English from Coppin State University and a master’s degree in urban and regional planning from Georgetown University. Jordan has 16 years of experience and is a board member for GEDCO, a faith-based …

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Affordable HousingCaliforniaDevelopmentNewsSeniors HousingWestern

DHI Hellenic Apartments Completes Rehabilitation of Affordable Housing Community for Seniors in Sacramento, California

by Channing Hamilton

SACRAMENTO, CALIF. — DHI Hellenic Apartments L.P., a California-based limited partnership, has completed the renovation and rehabilitation of Hellenic Senior Apartments, an affordable senior’s housing property in the Pocket-Greenhaven area of Sacramento. Renovations included replaced roofs and siding, new energy-efficient systems and updates to common areas such as the clubhouse, leasing office and laundry facilities. All 70 units received new windows, sliding glass doors, energy-efficient appliances, dishwashers, modern kitchen cabinets and countertops. Fourteen units were upgraded to be fully ADA compliant, and several units received additional modifications to accommodate residents …

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Investment SalesMassachusettsNewsNortheast

Marcus & Millichap Brokers $4 Million Sale of 12-Unit Portfolio in Boston

by Channing Hamilton

BOSTON — Marcus & Millichap has arranged the sale of the Fuller Street Portfolio, a 12-unit portfolio located in the Dorchester neighborhood of Boston. The portfolio consists of two six-unit buildings, as well as a vacant lot. The properties are located at 46-48 and 301-305 Fuller St. The communities are separately metered heat and electricity, off-street parking and on-site laundry facilities. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap marketed the properties on behalf of the seller and procured the buyer. Both parties were private investors. The assets traded hands for …

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Winsted at White Rock in Dallas
Investment SalesNewsTexas

SPI Advisory Purchases 314-Unit Winsted at White Rock in Dallas

by Channing Hamilton

DALLAS — SPI Advisory has acquired Winsted at White Rock, a 314-unit property located in the Lakewood neighborhood of Dallas. The garden-style community was built in 1996. The previous ownership partially renovated the property. SPI Advisory plans to fully renovate the remaining units, enhance common areas and amenities and finish installing washers and dryers in all units. This marks SPI Advisory’s 49th acquisition in the Dallas-Fort Worth metropolitan area since the company’s inception in 2014. The Dallas-based firm now owns and operates about 4,000 units across metro Dallas and approximately 8,000 …

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903 Peachtree in Atlanta
GeorgiaInvestment SalesNewsSoutheast

Waterton Acquires 32-Story 903 Peachtree in Midtown Atlanta

by Channing Hamilton

ATLANTA — Waterton has purchased 903 Peachtree, a 32-story apartment tower located at 903 Peachtree St. in Atlanta’s Midtown neighborhood. The seller and sales price were not disclosed, but Atlanta Business Chronicle reported that the asset traded for $118.6 million. 903 Peachtree features 427 apartment units, as well as 46,000 square feet of amenity space. Units come in studio, one-, two- and three-bedroom floor plans. The property also includes 7,843 square feet of retail space. Residents have access to outdoor amenities such as a rooftop pool and lounge area, grilling stations, private cabanas …

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Common on Pine in Jersey City, New Jersey
Investment SalesNew JerseyNewsNortheast

Redwood Realty Advisors Arranges $6.6 Million Sale of Common on Pine in Jersey City, New Jersey

by Channing Hamilton

JERSEY CITY, N.J. — Redwood Realty Advisors has arranged the sale of Common on Pine, a 16-unit community located in the Bergen-Lafayette neighborhood of Jersey City. Recently completed in 2024, Common on Pine offers amenities such as a rooftop lounge, bike storage and a gym. The property also includes one ground-floor commercial space. The asset traded hands for $6.6 million. Steve Matovski represented the seller, 327 Communipaw LLC, and procured the buyer, an undisclosed long-term client of Redwood Realty Advisors.

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ColoradoDevelopmentLeasing & MarketingNewsWestern

Thompson Thrift Opens 336-Unit Premier at West Park in Greeley, Colorado

by Channing Hamilton

GREELEY, COLO. — Thompson Thrift has opened Premier at West Park, a 336-unit complex in Greeley, roughly 60 miles north of Denver. Located at 3800 Centerplace Drive, Premier at West Park consists of 10 three-story buildings across 21 acres. Apartments come in one-, two- and three-bedroom layouts. Amenities include a clubhouse, pool, fitness center, outdoor game area, seating area with gas fire pits, dog park, pet spa with grooming station and pickleball court. The property also includes 133 detached garages. The first residents began moving in during the early summer …

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Cantera in Carrollton, Texas
Investment SalesNewsTexas

Marcus & Millichap Brokers Sale of 172-Unit Cantera in Carrollton, Texas

by Channing Hamilton

CARROLLTON, TEXAS — Marcus & Millichap has arranged the sale of Cantera, a 172-unit property in Carrollton, roughly 20 miles north of Dallas. Touro Co. and Catalyst Equity Partners sold the community to Cantera CRG LLC for an undisclosed price. Wesley Racht, Joey Murry, Nick Fluellen and Bard Hoover of Marcus & Millichap’s Dallas office marketed the asset on behalf of the seller and procured the buyer.  Cantera is located at 1910 S. Josey Lane. Built in 1969, the complex consists of 12 buildings on a 6.2-acre parcel. Units come in one- and two-bedroom floor …

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The Louisa in Portland, Oregon
Investment SalesNewsOregonWestern

JLL Capital Markets Arranges Sale of 242-Unit The Louisa in Portland, Oregon

by Channing Hamilton

PORTLAND, ORE. — JLL Capital Markets has arranged the sale and financing of The Louisa, a 242-unit community located at 123 NW 12th Ave. in Portland’s Pearl District. JLL worked on behalf of the undisclosed seller and procured the buyer, Guardian Real Estate Services and their capital partner. Additionally, JLL arranged the five-year, fixed-rate loan for the buyer. Ira Virden, Carrie Kahn and Frank Solorzano led the JLL Capital Markets investment and sales advisory team. Casey Davidson and Charlie Watson spearheaded the Debt Advisory team. The Louisa was constructed in 2005. The community …

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