Orlando

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.

Moody's Analytics estimates total damage from the Category 4 storm at between $16 billion and $20 billion.

The ground leases are improved with eight single-tenant net-lease retail properties, totaling approximately 44,000 square feet, with tenants including a Chase Bank, a WaWa, five national restaurant brands including Cheddar's and Chuy's, and a car wash.

The property at 5401 Watson Drive is located in the Mesa del Sol community about eight miles outside of Albuquerque and is 100% leased to an affiliate of Fidelity Investments.

The Denver-based company reports that on Oct. 1 it closed a sale-leaseback transaction with Dream Finders Homes on 23 homes across seven states.

The multi-family property consists of 24 two-story buildings with 20 one-bedroom, 152 two-bedroom and 20 three-bedroom units.

So far this year, Columbus, OH-based Coastal Ridge's multi-family acquisition volume in Fort Myers totals almost $200 million.