News

Holly Oaks
Investment SalesMarylandNewsNortheast

Kislak Brokers $15.9 Million Sale of Property in Aberdeen, Maryland

by Channing Hamilton

ABERDEEN, MD. — The Kislak Co. Inc., a Woodbridge, New Jersey-based brokerage firm, has arranged the sale of Holly Oaks in Aberdeen, about 31 miles northeast of Baltimore. Built in 2023, the garden-style community consists of five buildings with 12 units in each building. Holly Oaks offers two- and three-bedroom apartments that range from 1,100 to 1,400 square feet. All units feature a patio or balcony, washers and dryers and walk-in closets. Barry Waisbrod and Matt Wolf of Kislak marketed the property. Robert Holland procured the undisclosed New Jersey-based buyer, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Joint Venture Acquires Mixed-Use Property in Dallas

by Channing Hamilton

DALLAS — A joint venture between Discover Multifamily and The Rainier Cos. has acquired 1001 Ross, a 204-unit mixed-use community in the West End District of Dallas. Built on the corners of Ross and Lamar Ave. in 2004, the development also features 30,506 square feet of ground-floor retail space. The new ownership plans to rebrand the property as The Griffin and conduct exterior and interior renovations.

Continue Reading
0 FacebookTwitterLinkedinEmail
Gordon Crossing
Affordable HousingDevelopmentMidwestNewsOhio

Frontline Development, Woda Cooper Break Ground on $17.6 Million Affordable Housing Project in Cleveland

by Channing Hamilton

CLEVELAND — Frontline Development Group LLC and Woda Cooper Cos. Inc. have broken ground on Gordon Crossing, a $17.6 million affordable housing development in Cleveland. The four-story development will feature 42 two-bedroom and 12 three-bedroom apartments. Gordon Crossing will be available to households earning up to 80 percent of the area median income. Rents are expected to range from $362 to $1,699, depending on household income and unit size. Residents will have access to shared amenities such as a community room with kitchenette, on-site management office, parcel room and outdoor …

Continue Reading
0 FacebookTwitterLinkedinEmail
GeorgiaInvestment SalesNewsSoutheast

Sagard Real Estate Acquires Grande Oaks in Suburban Atlanta

by Channing Hamilton

ROSWELL, GA. — Sagard Real Estate, a Denver-based investment firm, has acquired Grande Oaks, a 270-unit property in Roswell, 22 miles north of downtown Atlanta. Grande Oaks was constructed in 1996 on a 19-acre site. The garden-style community spans roughly 311,000 rentable square feet across 11 residential buildings. Community amenities include a clubhouse, fitness center, pool, outdoor fireplace, grill and picnic area, children’s playground and car wash. Residents also have access to pet-friendly amenities such as a dog park and pet wash station. Sagard Real Estate will execute a value-add renovation …

Continue Reading
0 FacebookTwitterLinkedinEmail
Encore 380
Investment SalesNewsTexas

SPI Advisory Buys 416-Unit Community in Aubrey, Texas

by Channing Hamilton

AUBREY, TEXAS — Texas-based investment firm SPI Advisory has purchased Encore 380, a 416-unit community in Aubrey, roughly 50 miles north of Fort Worth, Texas. Eastdil Secured represented the undisclosed seller in the transaction. The property was originally built in 2017 as Century 380. Encore 380 offers a mix of one-, two-, three- and four-bedroom units featuring stainless steel appliances, granite countertops, kitchen islands and washer/dryer connections. Select residences also include private yards. Amenities include a pool, fitness center, clubhouse, playground, computer lounge, dog park, package lockers and outdoor grilling …

Continue Reading
0 FacebookTwitterLinkedinEmail
Federal Housing Finance Agency Logo
Company NewsFinanceNewsOperationsPeople News

FHFA Director William Pulte Overhauls Boards of Fannie Mae, Freddie Mac

by Channing Hamilton

WASHINGTON, D.C. — William Pulte, director of the United States Federal Housing Finance Agency (FHFA), has replaced several members of the governing boards of government-sponsored entities (GSEs) Fannie Mae and Freddie Mac. The removals were announced through regulatory filings with the Securities and Exchange Commission (SEC) on March 17.  According to The Wall Street Journal, Pulte removed eight members of the board of Fannie Mae. The removed board members were Amy Alving, Christopher Brummer, Michael Heid, Simon Johnson, Diane Lye, Diane Nordin, Chetlur Ragavan and Michael Seelig. Additionally, Pulte appointed Clinton Jones, …

Continue Reading
1 FacebookTwitterLinkedinEmail
IllinoisInvestment SalesMidwestNews

Kiser Group Arranges $8 Million Sale of Chicago Portfolio

by Channing Hamilton

CHICAGO — Kiser Group has arranged the $8 million sale of a portfolio of two apartment buildings located near the University of Chicago. The portfolio consists of 5111 S. University Ave. (41 units) and 5135 S. Blackstone Ave. (36 units). The properties feature a mix of studio and one-bedroom units. The portfolio was 98 percent leased at the time of sale. Lee Kiser, Kyle Sissell and Will Cornish of Kiser represented the seller, TLC Management, while Katie LeGrand and Jacob Price of Kiser represented the buyer, Harbor Property Management LLC.

Continue Reading
0 FacebookTwitterLinkedinEmail
GuildHouse
DevelopmentFinanceGeorgiaNewsSoutheast

Vida Raising $47 Million Fund for Multifamily and BTR Projects in Metro Atlanta

by Channing Hamilton

ATLANTA — Vida is raising an equity fund to build two multifamily properties and one build-to-rent community in suburban Atlanta. The Atlanta-based developer has completed its seed funding round on the $47 million fund, which is entitled Vida Opportunities Fund I LLC. Vida is developing GuildHouse at 2085 Marietta Blvd. in the Upper Westside neighborhood of Atlanta. The unit mix at GuildHouse will include 354 apartment units, as well as 39 build-to-rent townhomes. Apartments will range from 550 to 1350 square feet. Townhomes will rise three stories and come in three-bedroom …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentNewsUtahWestern

Wood Partners Breaks Ground on Development in Salt Lake City Suburb

by Channing Hamilton

LEHI, UTAH — Wood Partners has begun construction on Alta Vista, a 304-unit development in Lehi, about 30 miles south of downtown Salt Lake City. The property will offer a mix of one-, two- and three-bedroom apartments. Alta Vista will also feature roughly 8,000 square feet of amenity space, including a clubhouse, entertainment kitchen, coworking space, fitness center, speakeasy and an outdoor pool, spa and kitchen. The development will also add a trail system through the adjacent park, which will feature a playground, pickleball courts and a basketball court. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Mi-Place at Vineyards
DelawareFinanceNewsNortheast

Lument Arranges $14 Million Loan for Refinancing of Mixed-Use Asset in Lewes, Delaware

by Channing Hamilton

LEWES, DEL. — Lument has arranged a $14 million commercial mortgage-backed security (CMBS) loan for the refinancing of Mi-Place at Vineyards, a 41-unit mixed-use asset situated along the Delaware Bay in Lewes. The developer and borrower is Fernmoor. The CMBS loan has a fixed interest rate and five-year term. It replaces existing debt from a local bank. Ben Retter of Lument negotiated the financing. Mi-Place at Vineyards is part of a master-planned community that includes apartments, condominiums, for-sale carriage homes and townhouses. The property also includes 65,000 square feet of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.