Houston

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.

"The dynamic of muted wage growth in the low-to-medium skill jobs and a growing middle-class renter cohort leads us to invest in the space that has the highest demand with little to no new supply,” says M. Patrick Carroll, chief executive officer of Carroll Organization.

Lawyer says he has known Transwestern's leadership for many years and been impressed by its commitment to excellence, integrity and shared purpose, along with providing sound advice to clients.

Long-term success will require close partnership among businesses, nonprofits, philanthropists, and local, state and federal government to rebuild in a more resilient way in preparation for future extreme weather.

BP Lower 48 plans to relocate later this year to the first office property back in service post-Harvey, West Memorial Place, and will occupy three floors of space formerly leased by IHI E&C in West Memorial Place II.

Storage units and recreational vehicle spaces are included in the transaction.

The transaction is slated to close mid-year 2019.

Specifically, Transwestern Commercial and Devencore will work together on cross-border occupier, agency and capital market opportunities, and will also provide research, marketing and consulting support for existing and future clients.