News

Federal Hill Apartments in Noblesville, Indiana
IndianaInvestment SalesMidwestNews

Old Town Cos. Sells 222-Unit Federal Hill Apartments Near Indianapolis

by Channing Hamilton

NOBLESVILLE, IND. — Old Town Cos. has sold Federal Hill Apartments, a 222-unit property in Noblesville, 23 miles north of Indianapolis, Indiana. Summit Equity Investments acquired the community for an undisclosed price. Hannah Ott, George Tikijian, Cam Benz, Clair Hassfurther, Ryan Stockamp and Sean Pingel of CBRE represented the seller in the deal. Built in 2024, Federal Hill Apartments offers a mix of studio, one- and two-bedroom units with an average size of 863 square feet. Amenities include a fitness center, pool, indoor pet grooming spa, electric vehicle charging stations …

Continue Reading
0 FacebookTwitterLinkedinEmail
Charlie in Hoboken, New Jersey
DevelopmentNew JerseyNewsNortheast

LCOR Breaks Ground on 386-Unit Development in Hoboken, New Jersey

by Channing Hamilton

HOBOKEN, N.J. — Locally based developer LCOR has broken ground on Charlie, a 386-unit project in Hoboken. The 27-story building will be located within the $900 million Hoboken Connect mixed-use development. Consigli Construction Co. is the general contractor for Charlie, a tentative completion date for which was not disclosed. Units will come in studio, one-, two- and three-bedroom floor plans. Twenty percent of the units will be set aside as affordable housing, although specific income restrictions were not disclosed. Amenities will include a resident lounge with package room, concierge and …

Continue Reading
0 FacebookTwitterLinkedinEmail
4753 Duncanville Road in Dallas
Affordable HousingFinanceInvestment SalesNewsTexas

BOLOUR Provides Acquisition Loan for Affordable Housing Asset in Dallas

by Channing Hamilton

DALLAS — BAI Fund Manager (BOLOUR), an affiliate of Beverly Hills, California-based investment, development and finance company Bolour Associates Inc., has provided financing for the acquisition of a 112-unit affordable housing community in Dallas. John Choi of Concord Summit Capital represented the borrower. Built in 1989, the property is located at 4753 Duncanville Road, roughly 15 miles southwest of downtown Dallas. Units come in one-, two- and three-bedroom floor plans and range from 663 to 1,059 square feet. Income restrictions for the community were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Olive at Peabody Union in Nashville, Tennessee
DevelopmentNewsSoutheastTennessee

Partnership to Open 27-Story Residential Tower in Nashville, Tennessee

by Channing Hamilton

NASHVILLE, TENN. — A partnership between Hensler Development Group, Stiles and PGIM Real Estate will open Olive at Peabody Union, a 345-unit high-rise project situated between downtown Nashville and the Cumberland River. The 27-story tower will offer studios, one-, two- and three-bedroom penthouses, which range from 1,179 to 2,585 square feet in size. Planned amenities include a wellness center with a sauna and cold plunge, speakeasy sky lounge, pool deck and hot tub, coworking lounges and a gym. The development team, along with newly appointed property management firm Bozzuto Group, …

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaFinanceNewsWestern

Bell Partners Receives $73 Million Loan for Refinancing of Property in Inglewood, California

by Channing Hamilton

INGLEWOOD, CALIF. — Bell Partners has received a $73 million loan for the refinancing of Bell South Bay, a 264-unit community located at 11622 Aviation Blvd. in Inglewood, about 13 miles southwest of Los Angeles. Justin Nelson and Craig West of Walker & Dunlop’s Capital Markets and Multifamily Finance teams arranged the bridge loan. The financing was provided by accounts managed by KKR. Built on 3.05 acres in 2016, Bell South Bay consists of 264 apartments. Units come in studio, one- and two-bedroom layouts. Amenities include a fitness center and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Marquis at Desert Ridge in Phoenix
ArizonaInvestment SalesNewsWestern

IMT Capital Acquires 370-Unit Marquis at Desert Ridge in Phoenix

by Channing Hamilton

PHOENIX — IMT Capital, together with its affiliated property management company IMT Residential, has acquired Marquis at Desert Ridge, a 370-unit property in the Desert Ridge neighborhood of Phoenix. Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE represented the seller, a national investor and operator, in the deal. Built in 2014, Marquis at Desert Ridge offers one- and two-bedroom units. Amenities include a pool and spa area with a sundeck lounge and cabanas, outdoor kitchen and grill stations, fitness center, clubhouse with entertainment kitchen, billiard room and business center. The new …

Continue Reading
0 FacebookTwitterLinkedinEmail
Agave Azul on Boulder Apartments in Dallas
Investment SalesNewsTexas

Marcus & Millichap Brokers Sale of 66-Unit Asset in Dallas

by Channing Hamilton

DALLAS — Marcus & Millichap has arranged the sale of Agave Azul on Boulder Apartments, a 66-unit community in Dallas. Built in 1965, Agave Azul on Boulder Apartments offers one-, two- and three-bedroom floor plans. The average unit size is 950 square feet. The property was renovated with new individual HVAC systems and pitched roofs over the past five years.  Ford Braly, Al Silva and Dylan York of Marcus & Millichap’s Fort Worth office marketed the asset on behalf of the seller, a locally based private investor. The seller originally …

Continue Reading
0 FacebookTwitterLinkedinEmail
Prospect Union Square in Somerville, Massachusetts
FinanceMassachusettsNewsNortheast

Joint Venture Secures Loan for Refinancing of 450-Unit Property Near Boston

by Channing Hamilton

SOMERVILLE, MASS. — A joint venture between affiliates of Magellan Development Group, RAS Union Square Development LLC, Cypress Equity Investments and Affinius Capital has secured a loan for the refinancing of Prospect Union Square in Somerville, roughly 5 miles northwest of Boston. Danny Kaufman, Brett Paulsrud, Madeline Joyce and Ali Howard of JLL Capital Markets arranged the loan through Northwestern Mutual. Located at 20-50 Prospect St. in Somerville’s Union Square neighborhood, Prospect Union Square spans two buildings on a 1.3-acre site. The property consists of a 25-story high-rise tower and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Residences at Eastbank
DevelopmentFinanceIllinoisMidwestNews

Waterton Contributes Equity for DAC’s Aurora, Illinois, Development

by Lynn Peisner

AURORA, ILL. — Waterton has contributed $16 million in preferred equity for the development of Residences at Eastbank, a five-story, 258-unit, mid-rise project underway in downtown Aurora, about 40 miles west of Chicago. Geneva Capital Group arranged the equity and provided a $45 million senior loan. Further support came from the City of Aurora. Construction began in May 2024 and is expected to be completed in 2026. According to the developer, DAC Developments, the total project cost is $90.4 million. Floor plans will include a mix of studios, one-, two- …

Continue Reading
0 FacebookTwitterLinkedinEmail
Town Square at Mark Center in Alexandria, Virginia
NewsSoutheastVirginia

DSF Group Receives $165.9 Million Acquisition Financing for Property in Alexandria, Virginia

by Channing Hamilton

ALEXANDRIA, VA. — Boston-based investment company The DSF Group has secured $165.9 million in financing for the acquisition of Town Square at Mark Center, a 678-unit apartment and townhome community in Alexandria. IPA Capital Markets, a division of Marcus & Millichap, arranged the loan, which features a 35-year amortization schedule. Town Square at Mark Center rises five stories at 1459 N. Beauregard St. Units come in one-, two- and three-bedroom floor plans, according to Apartments.com. Monthly rates begin at $1,925 for a one-bedroom apartment. The property was constructed in 1996 …

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