Monthly Archives: June 2022

Greystone Places $23.5 Million in Financing for Spectrum’s Senior Housing Properties in Indiana and Arizona

Greystone, a leading national commercial real estate finance company, placed a total of $23.5 million in bank financing to refinance two senior housing properties in Indiana and Arizona. The separate transactions were originated by Cary Tremper, Tyler Armstrong, and Matt Miller of Greystone, on behalf of Spectrum Retirement Communities. Lone Mountain is a 50-unit memory […]

Resia Closes On Financing for Construction of Resia Dallas National, Its First Multifamily Community in Dallas-Ft. Worth Market

  Resia (formerly known as AHS Residential) announces it has closed on financing for Resia Dallas National, a 336-unit residential community located in the City of Dallas in Texas.  Fifth Third Bank and Pearlmark provided the construction financing for this project, which is one of several brand-new Resia developments as the company continues to develop […]

29SC Hires Santiago Nieto as Acquisitions Associate for the Southwest

Phoenix, Arizona – Santiago Nieto has joined 29th Street Capital (29SC) as Acquisitions Associate in the Southwest region. In this role, Nieto will be responsible for the management and operations relating to acquisitions, due diligence, asset management and dispositions, deal sourcing, loan procurement and overseeing capital projects.   “Nieto’s background is exciting,” said 29th Street Capital’s […]

Engrain Announces the Release of TouchTour Flex

Engrain, the market leader in interactive touring, mapping and data visualization software for the multifamily industry, today announced the release of its new product, TouchTour Flex.   Since introducing touch screen leasing to the multifamily industry in 2009, TouchTour is now used by dozens of operators and is deployed across more than 2,000 locations. Long […]

PetScreening Launches “Amber Alert for Pets

PetScreening, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, today announced the launch of FidoAlert.com (for dogs) and TabbyAlert.com (for cats). This new lost-and-found pet platform is designed to help every lost pet find its way home and is fully funded […]

Hamilton Zanze Completes Acquisition of 200-Unit Park at Waterford Harbor Apartment Community in Houston Metro Market

HOUSTON, TX – San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 200-unit Park at Waterford Harbor Apartments in Kemah, Texas. This represents HZ’s 26th acquisition in Texas. The community, built in 1996, is 29 miles southeast of Downtown Houston, which has become a headquarters hub for several Fortune 500 companies including Phillips […]

MZ Capital Partners Announces $24 Million Sale of 112-Unit The Vantage Naperville Apartment Community in Naperville, Illinois

NORTHBROOK, IL – MZ Capital Partners, developer of the Vantage Naperville Apartments at 1350 E Ogden in Naperville, Illinois, has announced the sale of the 100 % leased 112-unit, full amenity apartment community. The sales price was $ 24,000,000 and the purchaser was an affiliate of New York based iconic property owner 601W Companies. Other […]

Magma Equities Acquires 240-Unit Community in Raleigh, NC

Magma Equities (“Magma”) has acquired the recently completed Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, N.C., in an $83 million off-market transaction. This represents Magma’s fourth apartment investment of the year in North Carolina and the firm’s ninth overall in 2022, which nearly equals its total investment volume in 2021. “We continue to […]

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