Daily Archives: July 21, 2022

Cityview Completes Acquisition of 135-Unit Burnside 26 Apartment Community in Vibrant Southeast Portland Upscale Neighborhood

PORTLAND, OR – Cityview, a vertically-integrated multifamily investment management and development firm, has acquired Burnside 26, a four-story podium-style apartment community in Southeast Portland that features 135 homes with 1,300 square feet of available restaurant space. Burnside 26 is located in a highly desirable, amenitized and walkable submarket 1.5 miles east of downtown and across […]

Toll Brothers Apartment Living Breaks Ground on Flagship 422-Unit The Lindley High-Rise Apartment Building in San Diego

SAN DIEGO, CA – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation s leading builder of luxury homes, announced the groundbreaking of The Lindley, a 37-story, 422-unit luxury high-rise apartment building on the edge of Little Italy in San Diego. Totaling more than 800,000 square feet, including more […]

ALLIED ORION SELECTED TO MANAGE AXIO, THE FREDD, VILLAS DE SANTA FE AND THE SUMMIT APARTMENT COMMUNITIES IN SAN ANTONIO: Firm Adds Another 1,130 Units to its Growing Portfolio in the San Antonio Market 

 Allied Orion Group has been selected by One Real Estate Investment (OREI) to manage Axio, The Fredd, Villas De Santa Fe, and The Summit apartment communities in San Antonio, Texas, adding another 1,130 units to its expanding portfolio in the San Antonio market.   Centrally located at 8722 Cinnamon Creek Drive in the Medical Center, Axio offers newly renovated one-, two-, and […]

LMC Announces Groundbreaking at Artemas

LMC, a wholly owned subsidiary of Lennar Corporation (NYSE:LEN) and a leader in apartment development and management, today announced the groundbreaking at Artemas, a mid-rise apartment community in Everett, Mass., an active suburb just 4 miles north of Downtown Boston. Artemas is one of LMC’s first two communities in the Boston market, joining Harper, in […]

Greystone Provides $60 Million in Acquisition Financing for 357-Unit Chicago Condo Deconversion

Greystone, a leading national commercial real estate finance company, has provided $60,000,000 in bridge financing to acquire a 357-unit condo deconversion property in Schaumburg, Illinois. The financing was originated by Eric Rosenstock and Dan Sacks, Co-Managing Directors in Greystone’s New York office, on behalf of Bayshore Properties, a longtime client.  Constructed in 1980, 21 Kristin […]

DB Capital Acquires 228-Unit Apartment Community in San Antonio

Los Angeles (July 20, 2022) — Multifamily investment firm DB Capital Management (“DB Capital”) has partnered with Sabal Financial Group to acquire Villas of Henderson Pass, a 228-unit multifamily community in San Antonio, TX. The property, which was 98 percent occupied at closing, is DB Capital’s third acquisition in San Antonio.   Located at 16465 […]

Cushman & Wakefield and Greystone Close Sale and Financing of Louisiana Multifamily Property

The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for The Lumiere, a 336-unit multifamily community located in Metairie, Louisiana, a sub-metro region of New Orleans. The multifamily property was sold by LURIN to buyer Onyx Partners. Cushman & Wakefield’s Mike Kemether, Christian […]