DEAL OF THE DAY: HFF Helps Borrower Obtain Refinancing at Favorable 5.56% Long-Term Rate

The Portland office of HFF (Holliday Fenoglio Fowler LP) arranged a $3 million refinancing for Glen Creek Park Apartments, an 86-unit multi-housing community in Salem, Ore.

DEAL OF THE DAY: Apartment REIT Makes Discounted Acquisition of 2007 Property

Grubb & Ellis Apartment REIT Inc. acquired Bella Ruscello Luxury Apartment Homes

DEAL OF THE DAY: ARA Arranges Sale of Bank-Owned Apartments for $19K Per Unit

ARA brokered the sale of a 35-unit property located at 3005 Galley Road in Colorado Springs, Colo.

DEAL OF THE DAY: Westdale Investment Partners Purchases Suburban Atlanta Apts. For $14.6M

Westdale Investment Partners LLC says it is acquiring the 302-unit Forest Hills at Vinings apartment complex in suburban Atlanta for $14.6 million.

DEAL OF THE DAY: Trumark Companies Sells Silicon Valley Site to BRE Properties for Development of Mixed-Use Village

Trumark Companies has sold 6.6 acres of land in Silicon Valley to BRE Properties Inc. for the construction of a mixed-use residential village.

DEAL OF THE DAY: KeyBank Provides $16M in Freddie Mac Funding for Acquisition of Seattle-Area Apartment

KeyBank Real Estate Capital recently provided a $16 million acquisition loan to Treetops Investors.

DEAL OF THE DAY: NorthMarq Obtains $5.92M Mortgage for Property that is Brought Out of Foreclosure

Frank Relihan and Jason Smith, vice presidents of NorthMarq Capital’s Washington, D.C. Regional office, arranged first mortgage financing of $5.92 million for the Riverfront Apartments, a 356-unit former tax credit multifamily complex.

DEAL OF THE DAY: LeCesse Development Obtains $36.9M FHA Loan to Develop Apartments in Twin Cities

LeCesse Development has closed on a Federal Housing Administration (FHA)- insured mortgage in the amount of $36.9 million to develop Uptown at City Walk, a 242-unit luxury apartment project to be built in the Twin Cities region.

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