CHICAGO, IL – August 27, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of The Lex, a 332-unit, high-rise apartment property in Chicago’s South Loop.

MIAMI – Berkadia arranged a $44.32 million loan for the acquisition of Vista Verde at Westchester, a 302-unit garden-style multifamily community located in the Westchester area of Miami, Florida. Managing Director Charles Foschini, Director Christopher Apone and Senior Analyst Senior Analyst Lourdes Carranza-Alvarez of Berkadia’s South Florida office secured the loan through Freddie Mac on behalf of Advenir.

The 11-year, fixed-rate loan features six years interest only.

This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it.,This email address is being protected from spambots. You need JavaScript enabled to view it., and This email address is being protected from spambots. You need JavaScript enabled to view it.,of Northcap Multifamily, are pleased to announce the recent sale of Tammany Hall and Rochelle Manor Apartments for $7,475,000 ($50,168/unit). This sale consisted of 149 multifamily units built in 1972, located at 4320, 4340 and 4386 Escondido Street in Las Vegas, Nevada. The purchaser of this value-add opportunity plans extensive renovations to the property.

JACKSONVILLE, FL – Berkadia has arranged acquisition financing for Portiva, a newly constructed, Class A apartment community with 260 units located in Jacksonville, Florida. Senior Managing Director Mitch Sinberg, Associate Director Matt Robbins and Senior Analyst Wesley Moczul of Berkadia’s South Florida office secured the loan on behalf of the buyer, Myers Apartment Group, which purchased the property prior to stabilization.

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of two communities: Legends at Charleston Park, located in Charleston SC and Westridge, located in Jacksonville, Fla.

ATLANTA, GA – Franklin Street arranged the sale of Central Park Apartments, multifamily community located on 582-614 Roberts Drive in the city of Riverdale, approximately 10 miles south of Atlanta.  The purchase price of $4.6 million, represents the highest cost per door recorded this year for an unrenovated 1970s-era multifamily property in the Riverdale submarket.

WASHINGTON, D.C. – August 13, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $70.25 million sale of Spring Parc, a 399-unit apartment community in Silver Spring, Maryland.

Jacksonville, Fla. – Berkadia has arranged acquisition financing for Portiva, a newly constructed, Class A apartment community with 260 units located in Jacksonville, Florida. Senior Managing Director Mitch Sinberg, Associate Director Matt Robbins and Senior Analyst Wesley Moczul of Berkadia’s South Florida office secured the $36.23 million loan on behalf of the buyer, Myers Apartment Group, which purchased the property prior to stabilization for $50.7 million.

WASHINGTON, D.C. – August 9, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $8.435 million in joint venture equity for the acquisition of The Moderne and The Verano, two apartment communities totaling 116 units in downtown Stamford, Connecticut.