Aline Capital orchestrates the $28.1 million sale of a multifamily property on the SC coast
CHARLESTON, S.C., Sept. 6, 2022 /PRNewswire/ — Greenville-based Aline Capital orchestrated the $28.1 million sale of Alston Arms Apartments in North Charleston, South Carolina. The 160-unit multifamily community is situated on 8.7 acres and was constructed in 2007. Texas-based Think Multifamily acquired the asset, adding to their ever-growing Southeastern portfolio. At the time of sale, the property was undergoing both interior and […]
Walker & Dunlop Expands Affordable Housing Platform with Addition of New Investment Sales Team
BETHESDA, Md., Sept. 6, 2022 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it is expanding the capabilities of its affordable housing platform with the creation of a dedicated affordable investment sales team. The eleven-member team, led by Managing Directors Aaron Hargrove and Eric Taylor, formerly of Greystone Real Estate Advisors, brings invaluable experience and relationships in the affordable housing […]
Brazos Residential Expands Footprint in North Carolina with $41M Acquisition.
DALLAS, Sept. 1, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private investment firm specializing in multifamily investments, announces the $41M acquisition of the Wilson Woods Townhomes located in Wilson, NC. The transaction marks the firm’s tenth acquisition in 2022. “Wilson Woods has an exceptionally unique story,” explains James Roberts, Managing Partner, and CofounderTweet this Constructed in 1974, Wilson […]
MG Properties Expands Arizona Portfolio with $107 Million Multifamily Deal
SAN DIEGO, Aug. 31, 2022 /PRNewswire/ — MG Properties, a private San Diego-based real estate investor, owner, and operator has purchased 2150 Arizona Ave South Apartments l for $107 million. Rebranded as 2150 Apartments, this Chandler submarket of Phoenix boasts some of the most robust multifamily fundamentals in the metro due to its proximity to multiple job corridors, one of Arizona’s top school systems, award-winning […]
Groundbreaking Held for New “LOCAL Midtown” Multifamily Development in Nashville
The 307-unit project from Subtext and Brinkmann Constructors will bring modern living to popular Midtown area NASHVILLE, Tenn., Sept. 1, 2022 /PRNewswire/ — Subtext, a St. Louis-based integrated real estate development company, and Brinkmann Constructors, a St. Louis-based national general contractor, held an official groundbreaking ceremony on August 30, 2022 for LOCAL Midtown, a 15-story multifamily project in Midtown Nashville. LOCAL […]
Jeanette Rice Joins Embrey to Lead Multifamily Research
SAN ANTONIO, Aug. 25, 2022 /PRNewswire/ — Jeanette Rice, one of the country’s leading multifamily economists, is returning to Embrey as a research consultant. Rice and Embrey will collaborate to release quarterly market reports, including high-level capital and property market analysis, for the multifamily industry. “Jeanette’s extensive industry experience and knowledge will support Embrey’s continued growth,” said Garrett Karam, […]
Alex Shahidi, Managing Partner and Co-CIO of Evoke Advisors, to Speak at 37th Private Wealth Management Summit
LOS ANGELES, Aug. 23, 2022 /PRNewswire/ — Evoke Advisors, an independent wealth advisory and investment management firm with $22.3 billion in assets under management (AUM) as of June 30, 2022, today announced that Alex Shahidi JD, CFA®, CFP®, ChFC®, CIMA®, Managing Partner and Co-CIO of Evoke Advisors, will be a featured speaker at the 37th Private Wealth Management Summit to be held at […]
Tredway Adds Victoria Tran to Investments Team, Strengthening Acquisitions and Asset Management Expertise
EW YORK, Aug. 22, 2022 /PRNewswire/ — Tredway, a triple-bottom line real estate development firm that invests in, acquires, and preserves affordable, workforce, and mixed-income housing, today announced the addition of Victoria L. Tran to its investments team, in the role of Investment Associate. Based in New York City, Victoria will focus on underwriting, structuring, and developing affordable and mixed-income housing […]
Barings Provides Acquisition Financing on Multifamily Property Eleven 85
CHARLOTTE, N.C., Aug. 22, 2022 /PRNewswire/ — Barings, one of the world’s largest diversified real estate investment managers, announced today that it has provided a bridge loan to finance the acquisition and renovation of Eleven 85, a 288-unit multifamily property located in Atlanta, G.A., partnering with TerraCap Management, a privately held investment firm headquartered in Naples, F.L., who acquired the asset. […]
The Community Preservation Corporation Invests Over $1 Billion in Housing and Community Development Nationwide
NEW YORK, Aug. 22, 2022 /PRNewswire/ — The Community Preservation Corporation (CPC) announced that it had deployed over $1 billion in capital to support affordable and workforce housing and community development projects during a record-breaking 2022 fiscal year that ran from July 1, 2021 through June 30, 2022. CPC’s work across its construction and permanent lending, mortgage lending, and equity investing platforms and through […]