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HighBridge Properties Brings New 706-Bed Green-Certified Student Housing Community to UC Davis Market This Fall

HighBridge Properties Brings New 706-Bed Green-Certified Student Housing Community to UC Davis Market This Fall
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The Ryder on Olive Features 20,000 Square Feet of Community Space with Unmatched Amenities & an Assortment of Floor Plans to Accommodate the Needs of All Residents Just a Half Mile From Campus in an Opportunity Zone
“This will be a new and unique kind of community, tailored to fit modern students’ needs by providing them with an entertaining atmosphere as well as an environment that fosters success.”
DAVIS, Calif. (PRWEB)
April 21, 2021
A new LEED Gold Certified, 260,000 square foot off-campus student housing community is coming to the UC Davis market just in time for the fall semester. HighBridge Properties, a real estate development company, began construction on the property in Fall 2019, and will be completed by August 2021. The community is being developed ....

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Lynd Buys Margate Apartments from Grand Peaks for $51M

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Lynd buys Margate apartments from Grand Peaks for $51M
Buyer plans $4M in improvements
Miami /
San Antonio-based multifamily investor Lynd bought a Margate apartment complex for $50.75 million.
Lynd bought the 280-unit Lakes of Margate at 5750 Lakeside Drive from Denver-based Grand Peaks, according to a press release. The sale price equates to $181,250 per unit.
Built in 1987, the garden-style community spans nearly 14 acres, according to property records. It offers one-, two- and three-bedroom units. The property includes a clubhouse, two pools, a gym and a cyber café. ....

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AEW Sells Miami apartments to Grand Peaks for $63M

Cascades at the Hammocks with Grand Peaks CEO Luke Simpson and AEW CEO Jeff Furber (Google Maps)
AEW Capital Management sold the Cascades at the Hammocks multifamily complex in southwest Miami-Dade County for $63 million.
Records show AEW’s affiliate, Cascades at Hammocks LLC, sold the apartments at 10605 Hammocks Boulevard, to Grand Peaks Properties’ affiliate Cascades Hammocks Apartments LLC.
Denver-based Grand Peaks, led by Luke Simpson, took out a $28.2 million loan from JLL Real Estate Capital to finance the purchase.
The 264-unit apartment complex was built in 1988 and spans 9.6 acres north of Miami Executive Airport, according to property records. It has multiple three-story buildings that total 276,816 square feet. The sale equates to $238,636 per unit. ....

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