Faulkner Capital Partners acquired The Baxter, a luxury apartment community at 1818 N. Cherokee Ave. in Hollywood, in an off-market deal brokered by Colliers.
Kane Realty is developing Veranda, a 297-unit, 8-story senior housing community at 901 Navaho Drive in Raleigh's North Hills Innovation District.
Associated Bank has closed a $32.75M construction loan for Toonen Inc.'s Strata Apartments, a 236-unit garden-style development across 25 buildings in Grand Chute, Wisconsin.
TruAmerica Multifamily has closed its second workforce housing fund at $708M to acquire and rehabilitate Class B apartments across 30 U.S. markets.
Mesa West Capital provided an $81M floating-rate loan to Knightvest Capital for interior renovations at Domain Memorial, a 313-unit townhome community in Houston.
A boutique eight-unit multifamily property in Chicago's Lakeview East neighborhood has changed hands, highlighting sustained investor appetite for smaller, well-appointed residential assets in the city's North Side. Essex Three-Twelve brokered the transaction for the property located at 544 W. Wellington Ave.
Lendlease has opened pre-leasing for 260 apartments at its 12-story Habitat Residences at 3411 S. La Cienega Blvd in Los Angeles, with move-ins targeted for spring.
Maxx Properties acquired the 250-unit Ellery apartment complex in Plantation, FL from Bell Partners for $70 million, with a $55.1 million Fannie Mae loan arranged by CBRE.
POAH is investing $40 million to renovate Corcoran Place Apartments, a 94-unit West Side Chicago senior housing property at 325–345 N. Austin Blvd.
A 1.92-acre Wynwood development site at 2401 NW 6th Avenue sold for $54M in an off-market deal between seller David Sedaghati and buyer Gary Krat.
J.P. Morgan's Kurt Stuart toured 16 workforce housing multifamily assets in Huntington Beach on foot, spotlighting the firm's focus on supply-constrained coastal markets.
Dwight Capital arranged $56M in HUD 221(d)(4) financing for StoneHawk Rosehill, a 269-unit apartment community in Garland, Texas, with 51% affordable units.