DENVER, CO – June 24, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged $45.65 million in financing for Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver, Colorado. 

Concord Capital Partners has acquired Casa Real, a 60-unit multifamily property located in the historic Harper District of West Hollywood for $17.275 million.

St. Petersburg, Fla. (June 19, 2019) – Franklin Street has arranged the sale of 45% of the units at Enclave at Sabal Point, a garden-style condominium community located at 2148 54th Ave S in St. Petersburg, Fla., for $7.3 million, or $66,972 per unit.  Darron Kattan, Zachary Ames, Kevin Kelleher, and Avery Jordan of Franklin Street’s Tampa office represented both the seller, Israeli/Miami-based SLRE Florida Holdings, LLC, and the New York City-based buyer, Axonic Properties.  Enclave at Sabal Point consists of 109 rental units out of a 240-unit complex.

Project to get $5 million in capital infusion for full-scale facelift

Jacksonville, Fla. – American Landmark Apartments (“American Landmark”), one of the fastest-growing multifamily owner-operators in the country, and RSE Capital Partners (“RSE”) have acquired Eastport Apartments, a 440-unit multifamily asset in Jacksonville. The property will receive $4.9 million in capital improvements and be renamed Mezza. The property was 95 percent occupied at the time of sale.

The Collection on East Lake Terrace has been listed for sale unpriced by Chicago-based multifamily brokerage firm Kiser Group. The 11 building, 181-unit portfolio is located in Chicago’s East Rogers Park neighborhood. The seller, Lee Street Management, assembled The Collection on East Lake Terrace over a two-decade time frame. Eastlake Terrace is three blocks long and east of Sheridan Road. All of the buildings in The Collection have views of Lake Michigan. Listing agents for the assignment are Kiser Group’s Principal and Managing Broker Lee Kiser and brokers Danny Mantis and Patrick O’Brien.

CHICAGO, IL – Holliday Fenoglio Fowler, L.P. (HFF) announces it has closed the sale of Hurstbourne Estates, a 270-home, luxury, garden-style apartment community located in the East End of Louisville, Kentucky.

Aurora, Colo. – 29th Street Capital (29SC), a privately-held real estate operator, has acquired The Carson Apartments, a 201-unit multifamily community located in Aurora, Colorado. 29SC plans to invest over $1.7 million in capital improvements. Interior upgrades will include updated flooring, cabinetry and countertops, modern gray paint scheme, black appliances and the addition of washer/dryers in two-bedroom units. Exterior renovations will focus on landscaping upgrades, window replacements, exterior paint, signage and rebranding.