AUSTIN, TX – March 28, 2019 – HFF announced it has closed the sale of Villas on 26th, a luxury student housing property serving The University of Texas at Austin (UT Austin).

SAN FRANCISCO, CA – March 26, 2019 – HFF announces it has secured joint venture equity and financing totaling approximately $51 million for the acquisition and repositioning of Vineyard Gardens, a 180-unit multi-housing community in Santa Rosa, California.

BOSTON, MA – March 25, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the sale of 26 West Broadway, a boutique Class A multi-housing property in South Boston, Massachusetts.

Franklin Street has negotiated the sale of Hampton Villas I and II in the Mount Dora submarket of Orlando, for $2.86 million. The 65-unit multifamily property is located at 1515 Lincoln Ave in Lake County. City Walk Residential Villas, LLC, a partnership led by a private local investor, acquired the property from locally-based Hampton Villas, Ltd. Darron Kattan, Kevin Kelleher, Zachary Ames and Robert Goldfinger of Franklin Street Real Estate Services in Tampa represented both parties in the transaction.

 “The Central Florida area features some of the strongest fundamentals in the Florida apartment market,” said Kelleher, senior director of multifamily investment sales at Franklin Street’s Tampa office. “The demand for B and C Class apartment properties also continues to outpace supply.  The investors were drawn by Mount Dora’s long-term occupancy rates, active and outdoor lifestyle, and small-town feel that makes it an attractive place for families and visitors alike.”

Tampa, Fla. - Berkadia announces it has arranged the $43.2 million sale and $34.6 million financing of Allister Place, a 384-unit multifamily asset located in Tampa, Florida. Senior Managing Director Cole Whitaker of the Orlando office and Managing Director Jason Stanton of the Tampa office brokered the sale on behalf Aspen Square, the seller. Senior Managing Director Mitch Sinberg and Associate Director Matt Robbins of Berkadia’s South Florida office arranged the financing on behalf of the buyer, a joint venture between The Michaelson Group, a real estate investment firm based in Jacksonville, and GMF Capital, a real estate investment firm based in New York City.

HOUSTON – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Haven at Lakes of 610 Apartments, a 282-unit multifamily property in Houston. The new Class A apartment community, purchased from a joint venture between Guefen Development and The Rainier Companies, will receive a $1.45 million capital investment and will be renamed Aspire at 610.