Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
CO Senior Housing Properties Receive $52M Refi
Walker & Dunlop secured the financing through Fannie Mae on behalf of the owner, a partnership between MorningStar Senior Living and a Middle East-based alternative investment fund manager.
Market Spotlight: What Fuels Tampa’s Growth
Chase Pattillo, vice president of Fore Property Co.’s Tampa office, examines the market from a developer’s perspective and sheds light on what’s attracting new projects to the metro.
Next Wave Buys Nevada and Utah Communities
The company has expanded its portfolio with two properties located in Las Vegas and West Valley City, totaling 188 units.
SKK Developments, Grupe Co. Complete Sacramento Community
The newly completed property is located in the heart of Sacramento near major thoroughfares such as Interstate 80 and Freeway 50.
The Michaelson Group, GMF Capital Buy Tampa Community for $43M
The partnership has received $34.6 million in financing to purchase a 384-unit community situated approximately 10 miles from Tampa’s downtown.
Coastline Management Group Buys Tampa Community
New York-based Eyzenberg & Co. structured and placed $6.9 million in equity with JCR Capital to finance the acquisition and the repositioning of the property.
Tampa Property Sells for $34M
Read Property Group sold the 310-unit, garden-style community located approximately 10 miles from downtown Tampa. The sale was subject to a $24.8 million-Fannie Mae loan.
Silicon Valley Project Scores $41M Construction Loan
Lane Partners and Bay Development plan to break ground on the 75-unit luxury development in the second quarter of 2019.
Berkadia Arranges $37M Loan for WA Community
The company secured the loan through New Jersey-based PGIM Real Estate Finance on behalf of the borrower, Madison VK LLC.
Luxury Community Opens in LA
Strategic Legacy Investment Group’s development is located in the Ladera Heights neighborhood, about 4 miles from Los Angeles International Airport and 13 miles from the city’s downtown.