BETHESDA, MD. — Walker & Dunlop has hired Jack Hodgkins and Stacie Nekus to its Low-Income Housing Tax Credit (LIHTC) equity team. Hodgkins joins the Bethesda-based commercial real estate finance and advisory services firm as senior vice president and head of LIHTC credit, based in Denver. Nekus joins as senior managing director and head of business development for LIHTC investor relations, based in Pittsburgh. Hodgkins will lead LIHTC credit strategy and underwriting, while Nekus will lead business development efforts for Walker & Dunlop Affordable Equity’s LIHTC investor relations team.
GREENVILLE, N.C. — NewPoint Real Estate Capital has provided a $49 million loan for the refinancing of Evolve at the Pines Apartment Homes, a 288-unit property in Greenville. North Carolina-based developer and property manager Evolve Cos. was the borrower. The bridge-to-agency loan was structured with a 24-month interest-only period to provide flexibility during lease-up. Evolve at the Pines opened earlier this year. It features amenities such as a saltwater pool, fitness center, clubhouse, dog park and electric vehicle charging stations.
DAVIE, FLA. — Berkadia has arranged the sale of and financing for Nova Central, a 140-unit property in Davie, about 11 miles west of Fort Lauderdale, Florida. Jaret Turkell, Omar Morales and Yoav Yuhjtman of Berkadia South Florida led the transaction on behalf of the seller, Robbins Property Associates of Tampa, Florida. The property sold to Denver-based McDowell Properties. Josh Finley of Berkadia Atlanta and Matt Robbins of Berkadia Boca Raton, arranged an undisclosed amount of acquisition financing.
LAKE BLUFF, ILL. — Marquette Cos. has acquired Forest Pointe in Lake Bluff, a village located on Chicago’s North Shore. Marquette also will manage the 236-unit property at 29533 Waukegan Road. The sales price and seller were not disclosed. Forest Pointe’s one- and two-bedroom apartments are situated in seven three-story buildings with a clubhouse and leasing center at the hub of the community. Marquette is planning to renovate unit interiors and update amenity offerings with a new grilling area, seating area with a fire pit and pergola and a dog …
OXNARD, CALIF. — JLL Capital Markets has secured an acquisition loan for approximately $55.8 million for Hines’ purchase of Tempo at Riverpark in Oxnard. Tempo at Riverpark is located at 450 Forest Park Blvd. in the Riverpark master-planned community. Residents live within walking distance of The Collection at Riverpark, a 650,000-square-foot retail center anchored by Whole Foods and Target. The property was built in 2016 and was 95.7 percent occupied as of December 2025. Amenities include a 24-hour fitness center, pool and hot tub, resort-style cabana seating, resident lounge with …
ATLANTA — Cortland, an Atlanta-based multifamily investment, development and property management company, has appointed Meredith Barry to the role of vice president of business development. In this role, Barry will lead expansion of Cortland’s third-party property management portfolio, focusing on securing new partnerships with property owners, institutional investors and developers. Barry will report to Brad Hamel, executive vice president of community operations. Prior to this role, Barry was the vice president of client services at The Bozzuto Group.
AUSTIN, TEXAS — Mesa West Capital has provided a $47 million refinancing loan to United Properties for Bishop Momo in Austin. The 274-unit property is located within the St. Elmo District, a 275-acre mixed-use redevelopment in South Austin built on a former industrial site. St. Elmo currently includes 223,000 square feet of office, retail, dining and entertainment with approximately 900,000 square feet planned for future development. Chris McColpin of Newmark’s Austin office arranged the financing. United Properties delivered Bishop Momo in 2024. It is comprised of a mix of studio …
LA GRANGE, GA. — River North Real Estate Partners has broken ground on Canopy Crest, a build-to-rent community in La Grange, 67 miles southwest of Atlanta. JLL arranged a $33.5 million construction loan for Phase I, which includes 152 rental homes in a mix of duplexes, detached homes and a product type River North refers to as a “barndominium,” an apartment floor plan averaging approximately 1,242 feet. All homes will be finished with granite countertops, stainless steel appliances, vinyl plank flooring and smart locks and thermostats. Amenities include a fitness …
LOS ALAMOS, N.M. — Revere Capital has completed development of The Hill, a 149-unit community in Los Alamos. The project cost was approximately $65 million. The Hill was completed after Revere assumed ownership during construction in 2025, working with Los Alamos County and the project’s general contractor. The Hill consists of one-, two- and three-bedroom homes priced from $2,400 to $4,200 per month in asking rents. Some units may be rented by the bedroom. The Hill’s amenity package includes a clubhouse, fitness center, resort-style pool, ramada with outdoor kitchens, two …
LOS ANGELES — Locally based affordable housing developer Thomas Safran & Associates has completed Vista Terrace, a 102-unit LIHTC community in the Panorama City neighborhood of Los Angeles. The project includes a mix of studio, two- and three-bedroom floor plans as well as 25 units set aside for renters formerly experiencing homelessness. Units feature heating and air conditioning, plank flooring and window coverings. Select units offer private patios or balconies. With onsite management, amenities include a library, community room, fitness center, laundry facility, landscaped outdoor areas, 55 parking spaces and …
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