News

AVA Ballard in Seattle
Investment SalesNewsWashingtonWestern

AvalonBay Communities Sells AVA Ballard in Seattle for $105.5 Million

by Channing Hamilton

SEATTLE — AvalonBay Communities has completed the sale of AVA Ballard, a 265-unit asset located at 5555 14th Ave. NW in the Ballard neighborhood of Seattle, to an undisclosed buyer for $105.5 million. Eli Hanacek, Mark Washington and Kyle Yamamoto of CBRE represented the seller in the transaction. Built in 2013, AVA Ballard offers studio, one- and two-bedroom apartments averaging 717 square feet. Units feature quartz countertops, stainless steel appliances, plank hardwood-style flooring and washers and dryers.  Amenities include a rooftop lounge, barbecues and a dog run; clubroom with media …

Continue Reading
0 FacebookTwitterLinkedinEmail
Valor at the Realm apartments
Investment SalesNewsTexas

Bright Realty Sells DFW Luxury Property to Weidner Apartment Homes

by Lynn Peisner

LEWISVILLE, TEXAS — Bright Realty has sold Valor at The Realm in Lewisville to Weidner Apartment Homes for an undisclosed price. JLL arranged the sale. Bright Realty developed the 260-unit property in 2021. It includes approximately 35,000 square feet of retail. Residents have access to amenities such as a resort-style pool and yoga studio. Units are available with one or two bedrooms. Valor at the Realm is located within The Realm at Castle Hills, a 324-acre master-planned development in the Dallas-Fort Worth metroplex.

Continue Reading
0 FacebookTwitterLinkedinEmail
288 East 88th Street in New York City
DevelopmentFinanceNew YorkNewsNortheast

Affinius Capital Provides $79 Million Construction Loan for Residential Tower in New York City

by Channing Hamilton

NEW YORK CITY — Affinius Capital LLC has originated a $79 million loan to Alchemy-ABR Investment Partners to finance the development of 288 East 88th Street, a 26-story project in New York’s Upper East Side neighborhood. Located on the southwest corner of 88th Street and 2nd Avenue, the building will include 45 units ranging from one to five bedrooms. Amenities will include a fitness center, sport court, children’s playroom, media/gaming room, coworking/conference space and a roof terrace. The project is slated for completion in late 2026. Aaron Appel, Keith Kurland, …

Continue Reading
0 FacebookTwitterLinkedinEmail
A property underway in Mansfield, Texas
DevelopmentNewsTexas

Leon Multifamily Secures $134 Million in Construction Financing for Three Developments

by Channing Hamilton

DALLAS — Leon Multifamily has received $134 million in construction financing for three developments from a combination of regional banks and non-bank financial institutions. The planned communities will total 842 apartment units.  Leon Multifamily is a subsidiary of Dallas-based Leon Capital Group. Over the last two years, the company has initiated or completed more than 2,300 units across seven developments.

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaFinanceNewsWestern

ICONIQ Capital, Sentral Secure $525 Million Refinancing for 1,790-Unit Portfolio

by Channing Hamilton

SAN FRANCISCO — ICONIQ Capital and Sentral have secured $525 million for the refinancing of a portfolio of six properties totaling 1,790 units. Deutsche Bank and Goldman Sachs provided the single-asset, single-borrower CMBS loan. Jonathan Firestone and Bill Fishel of Newmark Group Inc. arranged the financing. Gibson Dunn and Latham & Watkins also advised on the transaction. Sentral operates each community in the portfolio. Approximately 25 percent of the units are leased under a flexible living strategy, in which units are fully furnished and made available for short- or mid-length …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cedardale in Federal Way, Washington
Investment SalesNewsWashingtonWestern

Pathfinder Partners Acquires Cedardale in Federal Way, Washington, for $31 Million

by Channing Hamilton

FEDERAL WAY, WASH. — Pathfinder Partners has acquired Cedardale, a 126-unit property in Federal Way, roughly 25 miles south of Seattle. CEP Multifamily sold the asset for $31 million. Giovanni Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors, a division of Marcus & Millichap, arranged the transaction. Cedardale was built in 1981 on seven acres. The community offers one- and two-bedroom apartments with washers and dryers, wood-burning fireplaces and private decks or patios. The average unit size is 746 square feet. The property features …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentIllinoisMidwestNews

Synergy Construction Group Completes Station 250 in Mundelein, Illinois

by Channing Hamilton

MUNDELEIN, ILL. — Synergy Construction Group has completed Station 250 in Mundelein, about 40 miles north of Chicago. Synergy served as developer and general contractor. Ware Malcomb provided architecture, interior design and full site planning services for the transit-oriented project. Station 250 consists of 166 apartments across four stories. The property features an outdoor pool and 10,700 square feet of indoor amenities, including a coffee bar reception area, fitness center, yoga room, sauna, golf simulator room and coworking lounge.

Continue Reading
0 FacebookTwitterLinkedinEmail
Lake Wood Ranch Apartments in Coeur d'Alene, Idaho
Investment SalesNewsWashingtonWestern

Hudson Valley Property Group Acquires 22-Property Affordable Housing Portfolio

by Channing Hamilton

SEATTLE — Hudson Valley Property Group (HVPG) has purchased a 22-property portfolio comprising 4,768 affordable housing units across the western United States. HVPG acquired the portfolio from Inland Group in a joint venture partnership with Wheelock Street Capital, which provided most of the equity capital out of its Long Term Value Fund. The sales price was not disclosed. Goldman Sachs served as financial advisor to the seller. Newmark brokered the transaction. The portfolio consists of 13 assets in Washington, seven in Colorado, one in California and one in Idaho. All …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceMichiganMidwestNews

Bernard Financial Group Arranges $22 Million Refinancing for Community in New Baltimore, Michigan

by Channing Hamilton

NEW BALTIMORE, MICH. — Bernard Financial Group (BFG) has arranged a $22 million loan for the refinancing of Aspen Creek Apartments, a 776-unit asset in New Baltimore, about 40 miles north of Detroit. According to Apartments.com, the property features amenities such as a pool, fitness center, laundry facilities, playground, clubhouse, business center and conference rooms. Joshua Bernard of BFG arranged the loan through Securian Life Insurance Co. on behalf of the borrower, Aspen Creek Apartments LP.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentNewsTexas

Carbon Shepherd Development Completes 66-Unit Project in Belton, Texas

by Channing Hamilton

BELTON, TEXAS — Dallas-based Carbon Shepherd Development has completed a 66-unit development in Belton, about 60 miles north of Austin, Texas. The property, which is operated under the company’s Woodland Cottages brand, offers one- and two-bedroom floor plans. All units include private balconies or patios, and select residences also feature attached garages. Amenities include a pool, fitness center, clubhouse with a game room and other recreational spaces. Rents start at $2,600 per month for a one-bedroom unit.

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