IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), announced the $37 million refinancing of Dane Park, a luxury 392-unit multifamily property in Grapevine, Texas. The terms of the five-year loan include 6.23% interest only and a spread of 1.68%....
Paramus, New Jersey-based Reynolds Asset Management has acquired two multifamily properties in Texarkana, Texas, for $23 million. The 360-unit acquisition is a joint venture with Jeff Juster’s Newport Capital Advisors LLC. The two companies plan to invest $3 million...
FTK Construction Services, a nationwide general contractor specializing in affordable housing and LIHTC projects, has promoted Riley Goodman to vice president of finance and information technology. In his new position, Goodman will oversee all financial operations for...
The Build-to-Rent developer Christopher Todd Communities has announced plans to open regional offices in Florida, Texas and Utah to support the creation of new luxury rental home communities. The first new office has opened in Boca Raton, Florida, and will focus on...
The top-selling master-planned communities (MPCs) of 2023 were mostly concentrated in Florida and Texas, according to the newly published “Top 50 Master-Planned Communities of 2023” by John Burns Research and Consulting. The new report found Florida MPCs accounted for...