Property Acquisitions and Dispositions

WASHINGTON, D.C. – October 9, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $83 million sale of Alexan Concorde, a 310-unit, Class A luxury apartment community in Linthicum Heights, Maryland.

Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has provided a $5,320,000 Freddie Mac Targeted Affordable Housing loan for the acquisition of Verdant Cove Apartments in Gainesville, Florida. The loan was originated by Andrew C. Ellis, managing director in Greystone’s Rockville, Maryland office, for Capital Vision Management, LLC, a Parkland, Florida-based real estate investment firm.

Berkadia has arranged $21.75 million in acquisition financing for Anatole on Briarwood, a 250-unit garden style community located in Midland. Senior Managing Director Tucker Knight and Director Nicholas Murphy of Berkadia’s Houston office arranged the loan on behalf of Olympus Property, a full-service multifamily investment and property management organization headquartered in Fort Worth.

October 4, 2018  AUSTIN, TX – Wildhorn Capital, LLC a leading multifamily investment firm in Central Texas markets, has successfully completed the acquisition of Bitterwood Ranch Apartments and Fifth Avenue Apartments. These two apartment properties are located in San Antonio’s north central district and total 388 units. Both assets, located north of I-410, are within a fast growing pocket characterized by strong upward trends in employment, dining and retail.

CHICAGO, IL – October 3, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and arranged acquisition financing for River’s Cove Apartments, a 112-unit multi-housing community in the Milwaukee suburb of Germantown, Wisconsin.

NORTHCAP COMMERCIAL DIRECTS $60.3 MILLION LAS VEGAS MULTIFAMILY ACQUISITION 

Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Steward’s Crossing, a 240-unit multi-housing community in Lawrenceville, Mercer County, New Jersey.

PHILADELPHIA, PA – October 2, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $42.5 million sale of Stone Rise, a 216-unit, Class A multi-housing community in the Philadelphia suburb of Glenmoore, Pennsylvania.

CHICAGO, IL – October 2, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Springs at Jordan Creek, a 160-unit, Class A apartment community in West Des Moines, Iowa.

BOSTON, MA – October 1, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Chelsea Place, a LEED Silver, transit-oriented apartment community located just outside of Boston in Chelsea, Massachusetts.