Landmark Properties Acquires 642-Bed Domain at Oxford in Joint Venture with Liberty Mutual Investments and Peninsula Investments Group
•Landmark Properties
Specialty Housing News
Commercial Real Estate News
Quarterra and Kayne Anderson Real Estate Open 384-Unit Emblem Orange Blossom in Naples, Florida
•Quarterra
JLL Arranges $66.875M Refinancing for EPC Real Estate Group and Platform Ventures' Active Adult Community in Fairway, Kansas
•JLL
Regan Development Corporation Breaks Ground on $37 Million, 78-Unit Affordable Housing Project in Dunkirk, NY
•New York State Homes and Community Renewal
RXR, Halpern Real Estate Ventures, Korman Communities and Invent Development Partners Secure $125M Construction Loan for Denver RiNo Multifamily Project
•RXR
Berkadia Brokers Sale of 138-Unit Senior Housing Community in Long Grove, Illinois to JDI Realty
•Berkadia
Stagecoach Capital Acquires 246-Unit Wyndham Lakes Senior Housing Community in Jacksonville for $30.94M
•Berkadia
Property TransactionsStudent Housing
Gatsby 5 LLC Sells Seattle U District Student Housing for Over $5.7M After Redevelopment
Gatsby 5 LLC has sold a student housing property in Seattle's University District for more than $5.7 million, according to King County records. The seller acquired the site in 2023 for $1.6 million and demolished the existing structure to rebuild before exiting the investment.
•Kidder Mathews
Property Transactions
Monarch Alternative Capital Completes Sale of Eight-Property Seniors Housing Portfolio With Evercore Advisory
Monarch Alternative Capital has completed the sale of eight seniors housing communities spanning more than 1,100 units across independent living, assisted living, and memory care. Evercore served as financial advisor on the transactions, which drew buyers including a publicly traded healthcare REIT and a real estate private equity firm.
•Senior Housing
Property TransactionsStudent Housing
Hawkins Way Capital and Varde Partners Acquire East Village Student Housing Property at 135 E. 12th St.
Hawkins Way Capital and joint venture partner Varde Partners have acquired 135 East 12th Street, a purpose-built student housing property in Manhattan's East Village formerly operated as Loeb Hall by The New School. The deal marks Hawkins Way Capital's third consecutive Manhattan acquisition this year under its FOUND Study student housing platform.
•Hawkins Way Capital
DevelopmentSenior HousingAffordable
DMA Development Co. and Austin Geriatric Center Complete $88 Million Rehab of Historic Senior Tower on Lady Bird Lake
DMA Development Co. and Austin Geriatric Center have completed an $88 million gut rehabilitation of The Rebekah at RBJ Residences, a 16-story affordable senior housing tower in Austin, Texas. The project reduced the building's original 250 units to 224 fully renovated apartments restricted to residents earning between 30% and 60% of area median income.
•National Equity Fund
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Property TransactionsMultifamilyWorkforce
CBRE Arranges $52.4 Million Sale of Avia 266 in Mesa, Arizona for Geringer Capital
CBRE arranged the $52.4 million sale of Avia 266, a 267-unit garden-style multifamily community in Mesa, Arizona, with Matt Pesch, Asher Gunter and Austin Groen representing seller Geringer Capital. San Diego-based ColRich acquired the property, which will be renamed The Remy, assuming an existing HUD loan as part of the transaction.
•CBRE
Property TransactionsMultifamilyStudent Housing
Colliers Brokers $8.5 Million Westwood Multifamily Sale to UCLA Housing Group for Student Housing Conversion
Colliers facilitated the $8.5 million sale of a co-living property at 1775 Beloit Avenue in West Los Angeles to UCLA Housing Group, which plans to convert the asset into student housing. Colliers Vice Chair Kitty Wallace represented both buyer and seller in the transaction, which closed through a court-appointed receivership process.
•Colliers