Northern New Jersey Community Sells for $40M
Santander Bank provided $29.4 million in acquisition financing for the purchase of the 123-unit community in Morrisville.
3D Investments Trades Las Vegas Community for $19M
The 193-unit garden-style community, built in the 1970s, last changed hands two years ago for $11 million.
Knightvest Expands Phoenix Footprint With $75M Buy
Canadian Imperial Bank of Commerce provided the buyer with more than $57 million in financing for the purchase of the 432-unit Class A multifamily asset.
S2 Residential Pays $46M for Phoenix Community
Bridge Investment Group provided acquisition financing for the Class B, 320-unit multifamily asset.
Pacifica Cos. Sells North Carolina Community
Capstone Apartment Partners brokered the nearly $17 million sale of the 299-unit multifamily asset in Greensboro.
Nashville Community Commands $64M
PNC Bank provided the buyer with more than $45 million in acquisition financing through Fannie Mae.
Passco Pays $40M for Knoxville Community
The 220-unit Class A multifamily asset, which was completed last year, was 90 percent occupied as of September.
Nashville’s 2nd Tallest Building Refinances
TIAA provided Giarratana Development with a $77 million loan for the high-rise, which contains 350 apartments in addition to condominium units, a hotel and retail on the lower floors.
IMT Capital Lands $53M Refi for Nashville Asset
CBRE provided the Freddie Mac financing to the owner of the 330-unit community, retiring a previous $43 million loan.
Inland Empire Community Gets New Owner
CBRE provided nearly $4 million in acquisition financing through Freddie Mac for the 56-unit asset.