Property Acquisitions and Dispositions

Greystone Provides Fannie Mae Green Rewards Financing for Acquisition

DALLAS, TX – September 24, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and financing for Uptown Fayetteville Apartments+Shops, a 308-unit, Class A apartment community in Fayetteville, Arkansas.

WASHINGTON, D.C. – Holliday Fenoglio Fowler, L.P. (HFF) announces the $62.3 million sale of Bennington Crossings, a 308-unit, garden-style multi-housing community in Alexandria, Virginia.

HOUSTON (Sept. 20, 2018) – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Hilltops Apartments, a new 208-unit multifamily asset located approximately 40 minutes north of downtown Houston in the city of Conroe, Texas. The company will invest approximately $800,000 in capital improvements.

Kiser Group, Chicago’s leading mid-market multifamily brokerage firm, recently brokered an Evanston Portfolio for $17,025,000. The properties are located at 1940 Sherman Avenue and 829 Foster Street in Evanston, Illinois. The buyer, an undisclosed purchaser, bought the 87 apartment and 3 retail unit portfolio from Stephen Matic. The deal was brokered by Kiser Group’s Danny Mantis (Broker) and Lee Kiser (Principal and Managing Broker). 

MIAMI – Berkadia has arranged a $45.75 million bridge loan for the River Oaks Marina & Tower, a 199-unit 20-story apartment tower in Miami. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia’s South Florida office arranged the loan on behalf of the buyer, a Miami-based real estate investment firm.

CHARLOTTE, NC – September 13, 2018 – HFF announces the sale of and joint venture equity for a land site totaling 48.33 gross acres (approximately 15.75 usable acres) within the Shiloh Crossing development in Morrisville, North Carolina.

CHARLOTTE, NC – September 13, 2018 – HFF announces the sale of and joint venture equity for a land site totaling 48.33 gross acres (approximately 15.75 usable acres) within the Shiloh Crossing development in Morrisville, North Carolina.

HOUSTON (Sept. 11, 2018) – Berkadia has arranged the sale and financing for Alexan Auburn Lakes, a 346-unit multifamily community located only a short distance from the prestigious Woodlands community. Senior Managing Director Ryan Epstein, Director Jennifer Ray, Associate Director Wes Breeding, and Associate Scott Bray of Berkadia’s Houston office represented the seller, Trammell Crow Residential and Prime Property Investors. Senior Managing Director Tucker Knight and Director Nick Murphy of Berkadia’s Houston office secured the financing on behalf of the buyer, Olympus Property, a Fort Worth based full service multifamily investment and property management organization with 17,000 units across 10 states.

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