Daily Archives: July 19, 2022

Cottonwood Group and Texsun Holdings Acquire 636-Unit Multifamily Housing Portfolio in San Antonio’s Thriving Northeast Submarket

SAN ANTONIO, TX – Cottonwood Group, a private equity real estate investment firm, announced that it has acquired a 636-unit multifamily portfolio located in San Antonio, Texas with Dallas-based Texsun Holdings for ownership and investment in San Mateo Apartments, located at 3787 Perrin Central Blvd. and Heights on Perrin Apartments, located at 2555 NE Interstate […]

TerraCap Management Completes Acquisition of 288-Unit Eleven 85 Apartment Community in Atlanta’s Upper Westside Neighborhood

ATLANTA, GA – TerraCap Management, a privately held investment firm with its headquarters in Naples, Florida, announced the acquisition of Eleven 85, a 2014-built, 288-unit apartment complex located in Atlanta, GA. Amenities at the property include a swimming pool, an outdoor kitchen with grilling stations, a fire pit, a children’s playground, a business center, and […]

Northcap Commercial Arranges Sale of 239 W. New York Ave Apartments for $1,015,000

Jerad Roberts, Devin Lee, CCIM and Robin Willett of Northcap Commercial are pleased to announce the recent sale of the 239 W. New York Ave Apartments for $1,015,000 ($126,875/unit). This sale consisted of 8 units built in 1961 located at 239 W. New York Ave in Las Vegas, Nevada.   This off-market transaction closed on June 21st, 2022. Northcap […]

Resia Closes on Financing For Construction On Multifamily Community in South Dade

  Resia (formerly known as AHS Residential) announces it has closed on financing for Resia Old Cutler, a 390-unit apartment community located in Miami-Dade County, Florida.  PNC Bank provided the $60 million financing for the construction of Resia Old Cutler. The project broke ground at the end of the second quarter of 2022 and is […]

Continental Realty Corporation sells 324-unit Riverstone at Owings Mills Apartment in Maryland for $92.9 million

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has completed the sale of Riverstone at Owings Mills, a residential community consisting of 324 multifamily units in Owings Mills, Maryland, for $92.9 million. Situated just outside of Interstate 695 in the northwest section of Baltimore County, the asset was acquired by Carter […]

Housing Trust Group Breaks Ground on its First Affordable Housing Community in Illinois

Crescent Place will deliver 40 affordable apartments to Chicago’s Arlington Heights   CHICAGO (July 15, 2022) – Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has closed on financing and broken ground on Crescent Place, a new $18.2 million affordable housing community in Arlington Heights, Illinois – roughly 25 minutes north of Downtown […]

Westside Capital Group Acquires Highrise Residential Tower in Atlanta’s Buckhead Neighborhood for $136 Million

The acquisition marks Westside’s entry into the Atlanta commercial real estate market   Atlanta, Ga. (July 13, 2022) – Westside Capital Group, a real estate investment holding firm based in Miami, today announced the acquisition of The Lofts at Twenty25, a landmark, 16-story residential tower located in Atlanta, Ga. Westside acquired the property for $136 million, or […]