News

Castlewood-Buena-Park

BUENA PARK, CALIF. — The Bascom Group has acquired Castlewood Park Apartments in Buena Park for $53.2 million. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk and Jake Vitta of IPA arranged acquisition financing through Brightspire Capital. IPA’s Kevin Green and Joe Grabiec represented the unnamed seller. AMC will provide property management services for the community, while contractor SD-Cap will oversee the planned property renovations. The property was built in 1963. About 60 percent of the units, offered as two-, three- and four-bedrooms, have private yards. Irvine, California-based Bascom plans to renovate …

0 FacebookTwitterLinkedinEmail
Lucille-Dallas

DALLAS — Endeavor Real Estate Group, in partnership with Canyon Partners Real Estate, has secured an undisclosed amount of construction financing for Lucille, a 22-story, 265-unit luxury tower located in Uptown Dallas at 2700 McKinney Ave. German commercial bank Helaba was the lender. Amenities will include a rooftop lounge with an infinity-edge pool, cabanas, a private dining room, outdoor dining areas, grilling stations and an observation deck. The building will also have 24-hour concierge services, parcel storage lockers, dry cleaning lockers, coworking space, a business center, private conference rooms, a …

0 FacebookTwitterLinkedinEmail
The-Jewell-Denver

DENVER — Jason Hornik and Greg Parker with Marcus & Millichap’s Denver office have brokered the sale of The Jewell at 4470 E. Jewell Ave. in Denver. A New York-based investor was the seller, and a California-based buyer bought the asset, which was built in 1968. The 93-unit property was 55 percent occupied at the time of the sale. The property was renovated prior to the sale.

0 FacebookTwitterLinkedinEmail
Avilla-McDonough

STOCKBRIDGE, GA. — NexMetro has opened the first units at Avilla Holloway, a 136-unit build-to-rent property on 14 acres in the Atlanta suburb of Stockbridge. The gated neighborhood features single-level, mostly detached homes in one-, two- and three-bedroom floor plans with private entrances, front porches and private backyards. Amenities include a resort-style pool and hot tub, outdoor kitchen and grills, dog park (no breed restrictions), landscaped open spaces, an indoor community meeting space, covered parking, optional garages and a 24-hour maintenance team. A second NexMetro Avilla project in the Atlanta …

0 FacebookTwitterLinkedinEmail
Thomas-Rowe-ECI-Group

ATLANTA — ECI Group, an Atlanta-based development, management and investment firm, has hired Thomas Rowe as chief financial officer (CFO). He replaces Ben Engel, who held the position for the past 10 years. Rowe joins ECI after serving for more than a decade as chief financial officer at SJC Ventures, an Atlanta-based company specializing in the development of Whole Foods Market-anchored projects. At SJC, he directed financial strategies for approximately $1.4 billion in ground-up development spanning about 3.1 million square feet of retail, multifamily and mixed-use developments. Prior to SJC …

0 FacebookTwitterLinkedinEmail
Marlowe-Wellington-Fort-Worth

FORT WORTH, TEXAS — Affinius Capital has provided a loan to Greystar for the refinancing of Marlowe Wellington, a three-story property consisting of 594 units in Fort Worth. Walker Layne of Walker & Dunlop arranged the financing. Greystar opened the property in July 2025. Marlowe Wellington offers one- to four-bedroom apartments and townhomes. Amenities include two resort-style pools, a fitness center, lakeside walking trail, basketball court, dog park, grilling areas, cabanas and private coworking spaces. In May, Veris Residential was acquired by an Affinius Capital-led investor consortium for $3.4 billion.

0 FacebookTwitterLinkedinEmail
Floret-Hill-Lawrence

LAWRENCE, KAN. — Merchants Capital has secured a $10.8 million Freddie Mac loan for Floret Hill, a 121-unit affordable housing development in Lawrence. The developer, Gardner, Kansas-based Wheatland Investments Group, also has obtained federal and state Low-Income Housing Tax Credit equity, while the City of Lawrence donated 12 acres of land and committed approximately $1 million to the project. Floret Hill will offer one-, two- and three-bedroom apartments across 11 residential buildings, with 37 units restricted to residents earning up to 40 percent of area median income (AMI) and 84 …

0 FacebookTwitterLinkedinEmail
Marti-Burrows-Asset-Living

HOUSTON — Asset Living has appointed Marti Burrows to chief operating officer to oversee operations across Asset Living’s national portfolio. Asset is ranked second on The National Multifamily Housing Council’s Top 50 Managers list. The Houston-based company manages approximately 450,000 units nationally. Prior to joining Asset Living, Burrows served as managing director and head of asset management for housing and alternatives at Nuveen Real Estate. She previously held executive leadership roles at Greystar, where she helped expand the firm’s owned asset platform and launched its build-to-rent single-family rental platform. Burrows …

0 FacebookTwitterLinkedinEmail
Masons Keepe-Manassas

MANASSAS, VA. — Bridge Investment Group has acquired Masons Keepe, a 270-unit property in Manassas for an undisclosed sum. Brian Crivella, Bill Gribbin, Yalda Ghamarian and Jack Canepa of Berkadia D.C. Metro along with Drew White of Berkadia Richmond arranged the sale on behalf of the seller, an entity doing business as University Village Apartments LLC. Located at 9000 Landings Drive, Masons Keepe was built in 2004 and consists of 17 buildings within a gated community. Units are offered as one- and two-bedroom floor plans. Brad Williamson of Berkadia Miami …

0 FacebookTwitterLinkedinEmail
21-Hollywood-Florida

HOLLYWOOD, FLA. — Starlife Group has launched pre-leasing at 21 Hollywood, a 200-unit luxury community in Hollywood, Florida. The 14-story mixed-use tower at 2100 N. Federal Highway includes 10,000 square feet of retail, a pool with private cabanas, fitness center with dedicated yoga and Pilates studio, coworking spaces, cinema room, game room, golf simulator, a children’s play area and a dog park and dog-washing station. Full project completion is slated for early 2027. Starlife is headquartered in Miami.

0 FacebookTwitterLinkedinEmail
Newer Posts