Waterton Acquires Pembroke Pines Apartment Community in $80.5M Deal
Waterton bought the 358-unit Landings at Pembroke Lakes in Pembroke Pines for $80.5 million, with plans to renovate the 1989 property.
CRE News Today Editorial Team
Lument Arranges Fannie Mae Acquisition Financing for Aspen Forest in Northwest Houston
Lument provided a $14.4 million Fannie Mae acquisition loan for Aspen Forest, a 144-unit garden-style multifamily property in northwest Houston.
CRE News Today Editorial Team
Mesa West Lends $82.5M to Refinance Olin Fields Apartments Near Seattle
Mesa West Capital provided an $82.5 million, five-year nonrecourse loan to refinance the 352-unit Olin Fields complex in Everett, Wash.
CRE News Today Editorial Team
Brook Farm Group and Manor Park Ventures Partner on 336-Unit Savannah Apartment Project
Brook Farm Group and Manor Park Ventures will co-develop 675 Morgan, bringing 336 multifamily units across 11 three-story buildings to Savannah's Savannah Highlands neighborhood.
CRE News Today Editorial Team
Crescent Heights Lands $210M to Convert Santa Ana Apartments Into Orange County's Tallest Residential Towers
Centerbridge Partners provided a $210M condo inventory loan for Crescent Heights' conversion of a 349-unit Santa Ana complex into Orange County's tallest residential property.
CRE News Today Editorial Team
How a Five-Square-Mile City Became a Magnet for Multifamily Developers
Major developers are targeting Culver City, where a pipeline of just over 4,500 units could add 20 percent to the population of the 40,000-resident city.
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How One PropTech Unicorn Is Coaching Landlords to Trim Headcounts Through AI
A 262-page playbook from EliseAI, valued at $2.2B, advises multifamily operators on rolling out automation while managing employee messaging around job reductions.
CRE News Today Editorial Team
Joint Venture Plans Georgetown's Largest Apartment Project in Over 100 Years
Rockpoint, LCOR and Potomac Investment Properties are redeveloping 349,000 square feet in Georgetown into 299 rental units across two buildings, marking the area's biggest multifamily push in a century.
CRE News Today Editorial Team
Peachtree Group Provides $43.5M Bridge Loan for Panama City Beach Multifamily Buildout
Peachtree Group originated $43.5 million in bridge financing for Arris Holdings to finish Seahaven Apartments, a 230-unit Panama City Beach community that is roughly 90 percent complete.
CRE News Today Editorial Team
Winchester Partners Deliver 283-Unit Mixed-Income Community in New Haven's $92.5M Science Park Revival
Winchester Partners has completed The Winston, a 283-unit mixed-income community in New Haven's Science Park adaptive reuse of the former Winchester Repeating Arms factory.
CRE News Today Editorial Team
12ten Capital Acquires 1980s-Era Houston Apartment Complex for Value-Add Overhaul
12ten Capital has acquired Harper's Mill, a 180-unit Houston apartment community built in 1984, from Interurban in a deal brokered by Berkadia's Houston team.
CRE News Today Editorial Team
Aspens Senior Living Acquires Newly Built 184-Unit Active Adult Community Near Houston
Aspens Senior Living acquired Alders Magnolia, a 184-unit active adult community in Magnolia, Texas, from Capitol Seniors Housing. Berkadia brokered the deal.
CRE News Today Editorial Team