Property Type

Marquette Cos. Begins Leasing 304-Unit Apartment Community in Houston

by Taylor Williams June 5, 2025

HOUSTON — Marquette Cos. has begun leasing Tempo at White Oak, a 304-unit apartment community in Houston’s Woodland Heights neighborhood. The six-story building, which is situated across from White Oak Music Hall, offers studio, one- and two-bedroom floor plans that range in size from 515 to 1,340 square feet. Private balconies/patios are available in select units, and all residences feature quartz countertop kitchen islands, designer soft-close cabinetry and stainless steel appliances. Amenities include a pool, fitness center, sky lounge, outdoor grilling and dining stations, courtyard, pickleball court and a dog run. Rents start at $1,635 per month for a studio apartment.

June 5, 2025

Loans Multifamily Southeast Virginia

Wells Fargo Provides $150M Agency Refinancing for Skyline Towers in Falls Church, Virginia

by John Nelson June 5, 2025

FALLS CHURCH, VA. — Wells Fargo has provided a $150 million Freddie Mac loan for Skyline Towers, a Class B multifamily property located at 5599 Seminary Road in Falls Church, roughly 10 miles west of Washington, D.C. The property features two 26-story apartment towers comprising 940 apartments. The undisclosed borrower will use the loan to refinance an existing Wells Fargo balance sheet loan. According to the property website, Skyline Towers offers studio, one-, two- and three-bedroom apartments, as well as a social lounge, fitness center, swimming pool with a pool deck, outdoor grilling area with lounge seating, concierge services and weekday shuttle service. The property also includes an onsite market and dental office.

June 5, 2025

Affordable Housing Development Multifamily Southeast Tennessee

Trent Development Group Opens 228-Unit Affordable Housing Community in Madison, Tennessee

by John Nelson June 5, 2025

MADISON, TENN. — Trent Development Group has opened Birchstone Village, a 228-unit affordable housing community located at 616 N. DuPont Ave. in Madison, about 12 miles northeast of downtown Nashville. The community is a redevelopment of the former Berkshire Place Apartments. Key financial and civic partners in the project include Pathway Lending, Amazon Housing Equity Fund, Regions Bank, Metro Nashville’s Barnes Housing Trust Fund, JPMorgan Chase, the Metropolitan Development and Housing Agency and the Tennessee Housing Development Agency. Trent Development and Pathway Lending hosted a ribbon-cutting ceremony for the property last week. Birchstone Village offers one-, two- and three-bedroom floorplans, along with a community lounge, learning center, sports court and a fitness center, according to the property website. Additionally, Family Affairs Ministries offers residents with resources including job placement coaching, financial literacy classes, tutoring and community meals.

June 5, 2025

Acquisitions Loans Multifamily South Carolina Southeast Walker & Dunlop

Walker & Dunlop Arranges $40M Acquisition Financing for Apartment Community in Spartanburg, South Carolina

by John Nelson June 5, 2025

SPARTANBURG, S.C. — Walker & Dunlop has arranged $40 million in acquisition financing for The Lively at Drayton Mills, a 297-unit apartment community located at 225 Milliken St. in Spartanburg. The borrower is BridgeGaps Real Estate, a New York City-based multifamily investment and management firm. Jared Sobel led the Walker & Dunlop team that arranged the financing, which comprised a $31 million Freddie Mac loan and a $9 million preferred equity investment from W&D Investment Partners, an alternative investment manager backed by Walker & Dunlop. Orange Capital Advisors sold the property to BridgeGaps for $53 million. David Lansbury, Jim Sewell and Erika Maston of Berkadia represented the seller in the transaction. Built in 2023, The Lively at Drayton Mills features studio, one-, two- and three-bedroom apartments, as well as a walking/biking trail, dog park, bocce ball court, fitness center and a swimming pool.

June 5, 2025

Georgia Hospitality Loans Mixed-Use Southeast

Patterson Secures Refinancing for 161-Room Bellyard Hotel in West Midtown Atlanta

by John Nelson June 5, 2025

ATLANTA — Patterson Real Estate Advisory Group has secured the refinancing for Bellyard, a 161-room Marriott Tribute Portfolio hotel located in Atlanta’s West Midtown district. Delivered in 2021, the hotel serves as an anchor for The Interlock, a $450 million mixed-use-development by SJC Ventures that was sold to Armada Hoffler in 2023. Patterson arranged the loan through Connecticut-based LoanCore Capital on behalf of the borrower, Bellyard Partners LLC, the hotel’s ownership entity comprising West 14th Hospitality LLC and Atlantic American Partners.

June 5, 2025

Leasing Activity North Carolina Office Southeast

Coinbase Leases 58,600 SF at 110 East Office Tower in Charlotte’s South End

by John Nelson June 5, 2025

CHARLOTTE, N.C. — Coinbase, a digital currency wallet and platform for merchants and consumers, has leased 58,600 square feet of space at 110 East, a 23-story, Class A office building located in Charlotte’s South End district. Coinbase will occupy the 18th and 19th floors at 110 East to serve as the cryptocurrency exchange’s “Center of Excellence,” which will house 130 employees. Conor Brennan of JLL represented Coinbase in the lease transaction. Jennifer Kurz, John Hannon and Rhea Greene with Trinity Partners represented the landlord, Shorenstein. Other tenants at 110 East include SouthState Bank, Humana and Iberian Pig, a Spanish tapas restaurant.

June 5, 2025

Development Hospitality Texas

Choice Hotels, HighSide Debut Four Everhome Suites Hotels in Texas

by Taylor Williams June 5, 2025

ROCKVILLE, MD. — Choice Hotels International, a Maryland-based operator, in partnership with Denver-based HighSide Cos., has debuted four new hotels in Texas under its Everhome Suites brand. The hotels are located in Bastrop, Brownsville, El Paso and Waco and have between 114 and 122 apartment-style rooms with fully equipped kitchens, spa-style bathrooms and storage spaces. The partnership is also nearing completion of an Everhome Suites hotel in Amarillo and recently broke ground on another such property in the northern Austin suburb of Georgetown.

June 5, 2025

Acquisitions Industrial Texas

Provident Industrial Acquires Distribution Building in Irving

by Taylor Williams June 5, 2025

IRVING, TEXAS — Provident Industrial, a division of Dallas-based investment firm Provident, has acquired a distribution building at 8225 Bent Branch Drive in Irving. According to LoopNet Inc., the building is a single-tenant structure with 250,659 rentable square feet. The building was originally constructed on a 23-acre site in 1997 and features 20-foot clear heights and four dock-high loading doors, per LoopNet. The seller and sales price were not disclosed.

June 5, 2025

Acquisitions Healthcare Texas

Silver Oak Commercial Negotiates Sale of 9,752 SF Medical Office Building in Hurst, Texas

by Taylor Williams June 5, 2025

HURST, TEXAS — Locally based brokerage firm Silver Oak Commercial Realty has negotiated the sale of Mill Haven Plaza, a 9,752-square-foot medical office building in Hurst, located in the northern-central part of the metroplex. According to LoopNet Inc., the building was constructed in 2007. Russ Webb of Silver Oak Commercial represented the buyer in the transaction. Logan May and Paul Stevenson of NAI Robert Lynn represented the seller. Both parties requested anonymity.

June 5, 2025

Leasing Activity Retail Texas

Google Opens 2,257 SF Store at Domain Northside in Austin

by Taylor Williams June 5, 2025

AUSTIN, TEXAS — Google has opened a 2,257-square-foot store under at The Domain Northside in Austin. The store offer products made by Google, such as Pixel phones, watches and tablets, Nest cameras, Fitbit trackers and branded merchandise. The Austin Google Store also has experts on hand to help customers with technological troubleshooting issues and phone repairs.

June 5, 2025

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