Walker & Dunlop Completes $92 Million Sale of Luxury Multifamily Community in Miami’s Burgeoning East Little Havana Neighborhood
BETHESDA, Md., June 30, 2022 — Walker & Dunlop, Inc. announced today that it facilitated the $92,000,000 sale of First Apartments, a luxury mid-rise apartment community ideally situated less than one mile from both Downtown Miami and Brickell in up-and-coming East Little Havana. Completed in late 2021, the community reached 90% occupancy by January 2022, reflecting an extraordinary initial leasing velocity of nearly 45 leases per month. Walker & Dunlop’s Still Hunter and Kaya Suarez represented the buyer, Lloyd Jones, and the seller, Premium Development, in the transaction. The Walker & Dunlop team
Embrey to Expand Single-Family Rental Portfolio with Collection Champions Circle
SAN ANTONIO, June 30, 2022 — Embrey has closed on land for the company’s second single-family rental development project, Collection Champions Circle. Located in Fort Worth, Texas, the 22.9-acre property will feature 276 one- two- and three-bedroom duplex-style homes. Collection Champions Circle will be a master-planned community that provides the privacy and neighborhood feel of a single-family home alongside luxurious shared amenities such as a clubhouse, resort-style pool and best-in-class on-site property management also provided by Embrey. “Embrey’s single-family rental communities are
Warwick Consolidates Mayfair Collection with Green Street Portfolio Addition
Warwick Consolidates Mayfair Collection with Green Street Portfolio Addition LONDON , June 29, 2022 — Warwick Investment Group has acquired two freehold buildings on Green Street to increase its footprint in Mayfair and further expand the size of its rental portfolio across Central London. This completes a very busy 12 months for the US private equity firm as they continue to consolidate unbroken freehold investment blocks across the golden post codes of Prime Central London. With a rental portfolio across 21 buildings, under
Estrella at Kiest Affordable Housing Development by ZNE Capital and LeavenWealth closes on $3.0M Equity Investment from American South Fund Management
Estrella at Kiest Affordable Housing Development by ZNE Capital and LeavenWealth closes on $3.0M Equity Investment from American South Fund Management The acquisition and renovation of this 232-unit apartment community will help preserve the affordable housing stock in South Dallas DALLAS, June 29, 2022 — Funding has closed on the acquisition/renovation of Estrella at Kiest, a 232-unit apartment community in Dallas, Texas. The $35.2M project will be owned and operated by ZNE Capital and LeavenWealth. This is the first multifamily investment in Dallas for American South Fund Management (ASFM), a
Aventon Companies Begins Work on Its Second Apartment Community in Jacksonville
Aventon Companies Begins Work on Its Second Apartment Community in Jacksonville JACKSONVILLE, Fla., June 27, 2022 — Aventon Companies, a prominent, vertically integrated multi-family developer with active projects throughout the mid-Atlantic and Southeast, announced it has broken ground on its newest luxury apartment community in Florida. Aventon JAX South will be a 360-unit, Class A, multifamily development located within the booming Jacksonville metropolitan area. Spanning over 21 acres, Aventon JAX South will feature one, two and three-bedroom units in four-story elevator-serviced buildings, with first-in-class
Orion Real Estate Partners Acquires 180-Unit Value-Add Apartment Complex in San Antonio, Texas
Orion Real Estate Partners Acquires 180-Unit Value-Add Apartment Complex in San Antonio, Texas SAN ANTONIO, June 28, 2022 — Los Angeles-based Orion Real Estate Partners (“Orion”) announced today that it has acquired Remington Ranch, a garden-style apartment community in San Antonio, Texas. Orion purchased the 180-unit apartment community in June 2022 and plans to invest approximately $2.6mm in interior and exterior improvements. The Property sits on an expansive 7.4-acre site, with ample amenities including a fully redesigned clubhouse and business lounge/coffee bar, a new fitness center, and