Southeast

“The Sandy Springs area has experienced strong and steady population growth over the past decade, making the acquisition of Northridge a terrific, long-term hold investment opportunity,” says Robert B. Cohen II, chief investment officer of HCP.

The renovations are designed to attract and retain tenants and their employees.

Arbor provided $51.3 million in financing for the Reven SFR Portfolio, an 824-unit portfolio located in Jacksonville, FL; Memphis, TN; Atlanta, GA; Birmingham, AL and Houston, TX under the Freddie Mac Single-Family Rental pilot.

Construction on the new, nine-unit luxury condominium project is expected to be completed in late 2019. John Marshall Bank provided a construction loan for The Pacifica.

The firm reports that it has secured leases at three of its properties in Ohio, New Mexico and West Virginia.

The apartment complex has 550 parking spaces for residents and their guests.

Much of the pipeline is concentrated in CBD, driven by shift in demand toward West End, Transwestern says.

More answers are expected from the Treasury Department by the end of the year, says Mayer Brown's David Burton.