The Bascom Group Expands Presence in Central Valley With $44.5 Million Multifamily Portfolio Acquisition
The Bascom Group Expands Presence in Central Valley With $44.5 Million Multifamily Portfolio Acquisition IRVINE, Calif., May 16, 2022 — The Bascom Group, LLC (“Bascom”) has continued their multifamily acquisition spree by acquiring two more apartment communities in the Central Valley. Casa de Luna Apartments and Casa del Sol Apartments are located in Fresno, California, and mark […]
Walker & Dunlop Structures $47 Million in Financing for Savannah Opportunity Zone Development
Walker & Dunlop Structures $47 Million in Financing for Savannah Opportunity Zone Development BETHESDA, Md., May 12, 2022 — Walker & Dunlop, Inc. announced today that it structured $47,000,000 in financing for the development of The Line, a 219-unit, Class A+ multifamily project in Savannah, Georgia. Situated just three blocks from the Savannah River, the development is within walking distance to […]
Kaufman Development’s Latest Wellness-Focused Apartments Receive $60 Million Capital Stack via Walker & Dunlop
Kaufman Development’s Latest Wellness-Focused Apartments Receive $60 Million Capital Stack via Walker & Dunlop BETHESDA, Md., May 9, 2022 — Walker & Dunlop, Inc. announced today that it structured a $59,812,000 capital stack, including equity and financing for the construction of Green|House, a unique, personal improvement-oriented community being developed by Kaufman Development.
Weller Enhances Team for Focus on Affordable Housing Property Management
Weller is excited to share the hiring of Gilda Fernandez as Senior Vice President of Operations for Weller Workforce, Weller's affordable housing subsidiary. Fernandez will oversee the business development, operations, and compliance for affordable housing communities within Weller's management portfolio.
Leste Group, Bascom Group & East Hill Capital Partners Expand Partnership and Presence in Florida with 448-Unit Multifamily Acquisition
Leste Group, Bascom Group & East Hill Capital Partners Expand Partnership and Presence in Florida with 448-Unit Multifamily Acquisition IRVINE, Calif., May 2, 2022 — The Bascom Group, LLC (“Bascom“), in partnership with Leste Group and East Hill Capital Partners, has acquired their third deal together, a 448-unit garden style apartment community in Orlando, Florida. The Chatham Square acquisition […]
Embrey Sells The Harper Luxury Apartments In Franklin, Tennessee
FRANKLIN, Tenn., April 21, 2022 — The Harper Luxury Apartments in Franklin, Tennessee, has been sold by Embrey of San Antonio, Texas. “The Harper is part of a mixed-use, planned community being developed by SouthStar and Embrey, which are both known for developing highly desirable living and working experiences,” says Brad Knolle, Executive Vice President of Development at Embrey. […]
Sentral Brings Innovative Flexible Living Concept to Scottsdale
Leading prop-tech innovator continues its accelerated growth with the addition of Sentral Old Town, set to meet the changing lifestyle needs in Scottsdale’s high-growth rental market. SCOTTSDALE, Ariz., April 18, 2022 — Sentral, the category-defining prop-tech company building the world’s largest flexible living community, today announces the addition of its 12th community to its rapidly growing portfolio – Sentral Old […]
Hamilton Zanze Buys First Multifamily Community in Clarksville
NASHVILLE, Tenn., April 7, 2022 — San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 264-unit Kirkwood Place in Clarksville, Tennessee.
S2 Capital Acquires Residences at Preston Park, a Texas-based Multifamily Community
DALLAS, April 1, 2022 — S2 Capital, LLC (“S2”) today announced it has acquired Residences at Preston Park, a 266-unit multifamily community in Plano, Texas. S2, a national value-add multifamily investor with more than $9 billion in transaction volume, is making this investment from its fund, S2 Multifamily Value-Add Fund 1. Terms of the transaction were not disclosed.
Pembrook Provides $20.4 M in Preferred Equity Financing for Affordable Housing Developments in Los Angeles Market
Two separate transactions allow repeat Pembrook borrower to acquire and renovate a 143-unit, seven-building complex in Long Beach while recapitalizing a 109-unit portfolio in South Los Angeles