Author

Lynn Peisner

Affordable HousingDevelopmentFinanceFloridaNewsSoutheast

North River Partners, Amzak Capital Provide $68.5M Construction Loan for Fort Lauderdale’s Flats Flagler Gateway

by Lynn Peisner

FORT LAUDERDALE, FLA. — North River Partners and Amzak Capital Management have provided a $68.5 million construction loan to CEDARst Cos. for the development of Flats Flagler Gateway in Fort Lauderdale. The 215-unit, 12-story building at 745 N. Andrews Ave. will include a mix of studio, one-, two- and three-bedroom apartments, some of which will be offered at below-market-rate rents. Specific restrictions were not disclosed. Amenities feature a fitness center, pool, outdoor deck and coworking space. Dorskly + Yue International is the architect. Construction is expected to begin in May …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingFinanceNews

Walker & Dunlop Arrange $1.7B Refinancing for 52-Property Affordable Housing Portfolio

by Lynn Peisner

MIAMI — Walker & Dunlop has arranged approximately $1.7 billion in agency loan proceeds to refinance 12,955 predominantly workforce and affordable housing units in 52 properties across 10 states for Starwood Capital. Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction on behalf of Starwood Capital’s Starwood Real Estate Income Trust (SREIT), which acquired the properties in 2021. Dustin Stolly, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Michael Stepniewski and Michael Ianno originated the 10-year Freddie Mac loans.

Continue Reading
0 FacebookTwitterLinkedinEmail
University-Green-Houston
Investment SalesNewsTexas

Eastham Capital Sells University Green Apartments in Houston

by Lynn Peisner

HOUSTON — Eastham Capital, a Boca Raton, Florida-based private equity real estate firm, has sold University Green Apartments in Houston to a private buyer for an undisclosed sum. Eastham Capital Fund V acquired the 194-unit community in 2018. During the hold period, Eastham renovated units, exteriors and amenity spaces. At the time of disposition, University Green Apartments was approximately 97 percent occupied, with rents having increased from $739 at the time of acquisition to $1,040.

Continue Reading
0 FacebookTwitterLinkedinEmail
Jack-Sandy-Vingcard
Industry VoicesOperationsTechnology

How Integrated Technology Is Redefining Multifamily Operations and Community

by Lynn Peisner

By Sandy Jack When you think about technology in multifamily, conversations have previously focused on solving one problem at a time. If you needed a lock, for example, so you bought a lock. If you needed Wi-Fi, you found a provider. Each of those individual tech decisions might have made sense in the moment, but none of those decisions was connected to the others.   Operators are redefining technology by shifting the question from, “What do I need to invest in today?” to “How do these tools work together to …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Bower-Bluffton
Build-to-RentDevelopmentNewsSouth CarolinaSoutheast

Henderson Park, Green Room Partners Break Ground on South Carolina BTR Project The Bower

by Lynn Peisner

BLUFFTON, S.C. — International private equity firm Henderson Park and Charleston, South Carolina-based developer Green Room Partners have broken ground on The Bower, a 266-unit build-to-rent community in Bluffton. Amenities at The Bower will include a clubhouse with a library, coworking space, a community kitchen, lounge and a fitness center. Outdoor amenities feature a pool, outdoor kitchen and bar, cabana, grilling stations, pickleball courts, a putting green, fire pit, dog park and an interconnected walking trail system throughout the community. The clubhouse and amenities are scheduled for completion in July …

Continue Reading
0 FacebookTwitterLinkedinEmail
crest-DC
FinanceInvestment SalesNewsNortheastWashington, D.C.

Walker & Dunlop Arranges $119.7M Agency Loans for D.C. Investor WC Smith

by Lynn Peisner

WASHINGTON, D.C. — Walker & Dunlop has arranged two loans totaling $119.7 million for an acquisition as well as a refinancing for locally based buyer and borrower WC Smith. The developer and operator refinanced Crest at Skyland Town Center with a $67.2 million Fannie Mae loan and acquired The Albemarle with a $52.5 million Freddie Mac loan. Crest at Skyland Town Center is a 263-unit mixed-use property at 2219 Town Center Drive SE. The Albemarle is a 235-unit property at 4501 Connecticut Ave. It was built in 1958 and renovated …

Continue Reading
0 FacebookTwitterLinkedinEmail
Carrier-Woods-Scarborough
FinanceInvestment SalesMaineNewsNortheast

JLL Arranges $13.6M Acquisition Financing for Property in Scarborough, Maine

by Lynn Peisner

SCARBOROUGH, MAINE — JLL has arranged a $13.6 million Fannie Mae loan to acquire Carrier Woods, an 84-unit property in Scarborough, about seven miles south of Portland, Maine. Chestnut Realty Management acquired the asset. Carrier Woods was developed in 2018 and is comprised of seven three-story buildings featuring 80 market-rate units and four affordable units in a mix of one- and two-bedroom floor plans. Rent restrictions were not disclosed. Amenities include on-site parking, garden plots, an enclosed dog park and rentable storage units. JLL Capital Markets’ Debt Advisory team was …

Continue Reading
0 FacebookTwitterLinkedinEmail
Bradford-Manor-Apartments-Richmond
Investment SalesNewsSoutheastVirginia

Bradford Manor in Richmond, Virginia, Trades for $4.2M

by Lynn Peisner

RICHMOND, VA. — Marcus & Millichap has arranged the $4.2 million sale of Bradford Manor Apartments in Richmond. Neither party to the transaction was named. Bradford Manor Apartments, located at 2027 Fairfield Ave., was built in 1970 and consists of 56 two-bedroom, two-bath units. Marcus & Millichap’s Kristina Ermyakina led the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Lock-Pointe-Columbus
Build-to-RentDevelopmentMidwestNewsOhio

Stark Enterprises to Break Ground on Lock Pointe Village in Ohio

by Lynn Peisner

CANAL WINCHESTER, OHIO — Stark Enterprises, a Cleveland-based developer, has announced Lock Pointe Village, a 120-unit build-to-rent community in Canal Winchester, about 18 miles southwest of Columbus, Ohio. Stark has acquired land at 6700 Nathan Drive, secured financing and is planning to break ground later this spring. The development will be comprised of 37 buildings. Units will feature private driveways and attached two-car garages. Amenities include a fitness center, sports court and a dog park. Completion is slated for 2027.

Continue Reading
0 FacebookTwitterLinkedinEmail
Park-Residences-Plano
Active AdultInvestment SalesNewsTexas

Colliers Arranges Sale of Park Residences Plano

by Lynn Peisner

PLANO, TEXAS — Colliers has arranged the sale of Park Residences Plano, a 318-unit active adult community at 1109 Park Vista Road in Plano. Danny Miller of Colliers represented the undisclosed seller in the deal. The asset was purchased by an unidentified buyer. Completed in 2023 and situated on 31 acres, Park Residences Plano consists of 156 cottage-style residences and a 162-unit mid-rise building, offering one- and two-bedroom floor plans. A 10,000-square-foot clubhouse anchors the property, offering fitness, a 50-seat movie theatre, a hair salon and social spaces. Outdoor amenities …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.