News

600 Bond St. in Bridgeport, Connecticut
ConnecticutDevelopmentFinanceNewsNortheast

Eastern Union Arranges $19.6 Million For Conversion Project in Bridgeport, Connecticut

by Channing Hamilton

BRIDGEPORT, CONN. — Eastern Union has arranged a $19.3 million construction loan to facilitate the conversion of a former healthcare facility in Bridgeport into a 150-unit community. Motti Blau, Mendy Pfeifer and Hershy Fried of Eastern Union brokered the loan, which covers a 24-month period on an interest-only basis. Dov Bakon served as underwriter for the transaction. The healthcare complex was originally built in 1971 on a 15-acre site at 600 Bond St. in the North Bridgeport section of the city. The facility will undergo a gut renovation into a …

Continue Reading
0 FacebookTwitterLinkedinEmail
North Tryon in Charlotte, N.C.
DevelopmentInvestment SalesNewsNorth CarolinaSoutheast

Embrey Acquires Seven Acres to Build North Tryon in Charlotte, North Carolina

by Channing Hamilton

CHARLOTTE, N.C. — Embrey has acquired seven acres around the historic North Davidson district in Charlotte to develop a new community called North Tryon. Amenities at North Tryon will include a clubhouse with a game room, business center with micro-offices and a conference room, fitness center and a pool. The development’s first residential units and clubhouse are expected to be available in the third quarter of 2025, with project completion scheduled in 2026.

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingCaliforniaDevelopmentFinanceNewsWestern

KeyBank Provides $71.8 Million in Construction Financing for Affordable Housing Project in Greenfield, California

by Channing Hamilton

GREENFIELD, CALIF. — KeyBank Community Development Lending and Investment (CDLI) and KeyBanc Capital Markets have provided a $71.8 million financing package for the construction of the first phase of Greenfield Commons in Greenfield. EAH Housing Inc. is developing the project. KeyBank CDLI provided a $15.9 million taxable construction loan to collateralize a Fannie Mae forward MBS Tax-Exempt Bond (MTEB) public bond offering and $55.4 million tax-exempt direct purchase loan to bridge California Accelerator program funds. KeyBanc Capital Markets purchased $55.4 million of 501(c)(3) bonds and provided a floating-to-fix interest rate swap …

Continue Reading
0 FacebookTwitterLinkedinEmail
BerkadiaBuild-to-RentDevelopmentFloridaInvestment SalesNewsSoutheast

Berkadia Brokers $37.5 Million Acquisition Loan for Build-to-Rent Project in Port St. Lucie, Florida

by Channing Hamilton

PORT ST. LUCIE, FLA. — Berkadia has arranged a $37.5 million forward acquisition loan for Tavalo Tradition, a 216-unit build-to-rent development underway in Port St. Lucie. An investment vehicle managed by GTIS Partners purchased the townhome-style community from K. Hovnanian. Scott Wadler and Matt Nihan of Berkadia arranged the financing through an unnamed national bank on behalf of GTIS Partners, which will obtain the capital in draws. Tavalo Tradition will be situated within the 2,500-acre Tradition master-planned community. Units will come in two- and three-bedroom townhomes and average 1,387 to 1,494 …

Continue Reading
0 FacebookTwitterLinkedinEmail
The James at Springline in Richmond, Virginia
DevelopmentFinanceNewsSoutheastVirginia

Joint Venture Secures $53.6 Million to Build Mixed-Use Project Near Richmond, Virginia

by Channing Hamilton

RICHMOND, VA. — A joint venture consisting of Cantor Fitzgerald, Silverstein Properties, Collins Capital Partners and Kaufman Jacobs has secured $53.6 million in construction financing for the first phase of Springline at District 60, the redevelopment of a former shopping center located in a qualified opportunity zone near Richmond. Truist Bank provided the financing. The first phase of the 42-acre project will include a community called The James at Springline, as well as a 150,000 square feet office building, an entertainment venue, specialty market and a structured parking facility. Future …

Continue Reading
0 FacebookTwitterLinkedinEmail
Easton Place in Murfreesboro, Tennessee
Investment SalesNewsSoutheastTennessee

Argyle Real Estate Partners Acquires Easton Place in Nashville Suburb

by Channing Hamilton

MURFREESBORO, TENN. — Argyle Real Estate Partners has acquired Easton Place, a garden-style community in the Nashville, Tennessee suburb of Murfreesboro. Easton Place offers 184 units with stainless steel appliances, plank flooring and granite countertops. Amenities include a pool with cabanas and waterfall lighting, green spaces, a community fire pit and a clubhouse with a movie theater. Argyle Real Estate Partners plans to renovate the complex, although specific details regarding the planned improvements were not disclosed. Greystar will oversee the business plan for the asset, which will focus on driving …

Continue Reading
0 FacebookTwitterLinkedinEmail
FloridaInvestment SalesNewsSoutheast

Institutional Property Advisors Brokers Sale of 288-Unit Windrift in Orlando, Florida

by Channing Hamilton

ORLANDO, FLA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Windrift in Orlando. Shelton Granade, Luke Wickham and Justin Basquill represented the seller, Bridge Investment Group, and procured the buyer, Eagle Property Capital. Windrift was built in 1986 and comprises 288 units. All apartments have open-concept floorplans, washers and dryers, screened patios, and window treatments. Amenities include green spaces, a fitness center, pool and covered playground area.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentInvestment SalesNewsTexas

S2 Capital Acquires Two Properties Near Dallas

by Channing Hamilton

MESQUITE AND GRAND PRAIRIE, TEXAS — S2 Capital has acquired two properties totaling 768 units in the Dallas-Fort Worth metropolitan area. CBRE’s Danny Baker and William Hubbard represented the sellers in the deals. Harry Krieger represented S2 Capital in securing financing. The properties are Falltree in Mesquite and Silverbrook in Grand Prairie. Falltree is a 126-unit property located at 19200 Lyndon B Johnson Fwy. S2 Capital will renovate all units with stainless steel appliances, upgraded cabinetry, tile backsplash, granite countertops, wood-style plank flooring and contemporary fixtures. The clubhouse and pools …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Partners Real Estate Negotiates Sale of Eight-Unit Building in Houston

by Channing Hamilton

HOUSTON — Partners Real Estate has brokered the sale of a building located at 4218 J St. in Houston. Ryan DeGennaro represented the seller, Mell Investment Group, in the transaction. Elaine Lan Nguyen of HomeSmart represented the buyer. The building offers eight apartments. According to LoopNet Inc., the property was built in 1963 and renovated in 2022.

Continue Reading
0 FacebookTwitterLinkedinEmail
Landmark at Courtyard Villas in Mesquite, Texas
FinanceInvestment SalesNewsTexas

Marcus & Millichap Brokers Sale of 256-Unit Landmark at Courtyard Villas in Dallas Suburb

by Channing Hamilton

MESQUITE, TEXAS — Marcus & Millichap brokered the sale of Landmark at Courtyard Villas, a 256-unit property in the Dallas suburb of Mesquite. The property was built in 1999 on 17 acres adjacent to Samuell Farm North regional park. The unit mix includes 120 one-bedroom units, 120 two-bedroom units and 16 three-bedroom units. Amenities include a fitness center, swimming pool, laundry facilities and a playground. ShainRealty Capital acquired the asset from a California-based owner in a 1031 exchange. Wes Racht, Nick Fluellen and Bard Hoover of Marcus & Millichap’s Dallas …

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