BRANSON, MO. — On July 28, an entity doing business as 200 Bee Creek LLC acquired Bee Creek Apartments in Branson for $26.3 million. The property, located at 200 Buzz St., features one- and two-bedroom units with in-unit washers and dryers and private patios or balconies. Amenities include a pool, barbecue and picnic areas, basketball court, fitness center, a clubhouse and a movie theater.
GALLATIN, TENN. — Thompson Thrift has announced plans to develop The Statesman, a 340-unit community in Gallatin, approximately 30 miles northeast of downtown Nashville. Situated on 25 acres, The Statesman will feature a mix of three-story, garden-style buildings and two-story buildings with private entrances. Floor plans will be offered in one-, two- and three-bedroom layouts. Units will feature granite countertops, smart home technology, stainless steel appliances and patio, balcony or private yard options. Detached garages and an Amazon package hub will also be available. Other amenities include a pool, 24-hour …
PORTLAND, ORE. — JLL has arranged a $40.5 million refinancing loan for The Payton, a 162-unit Class A property in Portland’s Lloyd District area. San Diego-based ColRich is the borrower/owner. Prime Finance was the lender. The Payton, 98 percent occupied as of August, is a seven-story mid-rise community built in 2019. Amenities include a 24-hour fitness center, bicycle storage, two outdoor decks with grilling areas, a clubhouse, wine lockers, electric car charging stations and underground parking. JLL’s team was led by Aldon Cole, Jimmy Conley, Brock Knapp, Sean O’Brien, Ben …
ROSEMONT, ILL. — Conor Commercial Real Estate has promoted Mike Fausone to vice president of development. Fausone joined Conor in 2021 as development manager and was subsequently promoted to senior development manager in 2024. Fausone will focus on expanding multifamily development in the Midwest. Conor is a real estate subsidiary of McShane Cos.
GOLDEN, COLO. — Monarch Investment & Management Group has sold Fox Hill Apartments in Golden for $32 million. Sierra Parkway Communities was the buyer, and JLL arranged the transaction on behalf of Monarch, which owned Fox Hill for about 30 years. Located at 17611 W. 16th Ave., the community was built in 1972 and has averaged 96 percent occupancy since 2021. Jordan Robbins, Wick Kirby, Alex Possick and Seth Gallman headed up the JLL team.
VANCOUVER, WASH. — JLL has arranged a $42 million Fannie Mae refinancing loan for Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-, two- and three-bedroom floor plans along with a pool with poolside grills, playground, dog parks, an automated Amazon package locker and a 24-hour fitness center. Charles Halladay, Rick Salinas and Elijah Lax led JLL’s team.
OLATHE, KAN. — Chicago-based 29th Street Capital has acquired Chestnut Heights Townhomes in Olathe. The 161-unit townhome community will be managed by 29th Street Living, the company’s property management division. The buyer partnered with New York City-headquartered Basis Investment Group via the firm’s BIG Equity Value-Add Fund II for the acquisition of the property and a capital improvement program. Chestnut Heights is comprised of two- and three-bedroom floor plans.
FORT WORTH, TEXAS — Concord Summit Capital has arranged a $50 million construction loan for a 268-unit project in Fort Worth. Summa Terra Ventures and M13 Construction were the borrowers. David Larson and Keegan Burger led Concord Summit’s team. The developers have broken ground on Vic Centre Apartments at 7124 Anderson Blvd. in East Fort Worth. The community will span nine three-story buildings, offering studios, one- and two-bedroom units. Completion is slated for 2028.
AUGUSTA, GA. — Berkadia has arranged the $40.6 million sale of MacArthur Park, a 290-unit garden-style community in Augusta. Christian DiCroce, Mike Riley, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia Charleston led the transaction on behalf of the unnamed seller. The buyer’s identity also was not disclosed. The asset was built in 2022 and was 91 percent occupied at the time of the sale. Located at 101 Little Rock Drive, the property features a saltwater pool, fitness center and business center.
PLEASANTVILLE, N.Y. — IPA has arranged the sale of The Atwood, a 71-unit community in Pleasantville, about 32 miles north of Manhattan. Neither buyer, seller nor sales price was disclosed. Eric Pentore and Victor Nolletti led IPA’s team. Completed in 2023, The Atwood has a fitness center with a steam room and sauna, community lounge and a rooftop entertainment terrace with built-in grills, TVs and fire pits. Apartments feature in-unit washers and dryers, and select residences include walk-in closets with custom built-in shelving. The property’s average unit size is approximately …
