8 stories on value add in commercial real estate.
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.
Finial Group brokers Jason Gibbons and Andrew Bischoff arranged the off-market sale of a 19,500 SF, three-building industrial portfolio on Glenmont Drive in West Houston.
Eastham Capital has sold University Green Apartments, a 194-unit community in southeast Houston, following an ~8-year value-add hold with partner Mosaic Residential.
Riverside Investment & Development and Singerman Real Estate acquired the former Two Wells Fargo Center in Charlotte for $36.5M, planning a $200M mixed-use redevelopment of the 800,000-sq-ft complex.
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.
Graceada Partners acquired the Shaw Commerce Center, a shallow-bay industrial portfolio in Fresno, with Newmark representing seller EastGroup Properties.
Berkadia brokers the sale of a 296-unit vintage apartment building at 3121 N. Sheridan Road in Chicago's Lakeview neighborhood to a local investor group.
Waterton acquired the 212-unit Misora apartment community at Santana Row from Federal Realty Investment Trust for $148.5 million, or about $701,000 per unit.