TODAY’S DEALS: HSL Grabs Arizona’s Tallest Residential Tower
Southern Arizona’s largest apartment acquires the state’s tallest residential tower; Capital Senior Living buys a senior housing asset in Texas; and Hunt Mortgage refinances a 56-unit property for $3.73 million.
TODAY’S DEALS: Greysteel Refinances D.C. Portfolio
The Greysteel Co. arranges a $21.5 million portfolio refinance via a conduit lender; Northland acquires its 21st property in Florida; and Eastern Union and Investors Bank facilitate $22.5 million for the purchase of a Bronx, N.Y., landmark.
TODAY’S DEALS: Loan Saves Queens Condo from Auction Block
Madison Realty Capital closes $14 million for a mixed-use condo property in Flushing, N.Y.; URS Capital Partners completes its third apartment acquisition in Charleston; and NorthMarq Capital arranges a $16.8 million refinance through PPM.
TODAY’S DEALS: NorthMarq Closes $32.6M for Kansas Community
NorthMarq arranges refinancing for a 298-unit asset; Hunt provides two Fannie Mae loans in Wisconsin; and iStar Atlanta condo sales hit $12 million in the first quarter.
TODAY’S DEALS: Columbus Mixed-Use Community Trades Hands
PCCP provides a high net-worth investor with an acquisition loan; Greysteel arranges a 57-unit sale in Texas; and Pillar originates $9.2 million for the acquisition of an affordable property.
TODAY’S DEALS: Construction Loan Kicks Off Second Phase of Tacoma Mixed-Use Development
HFF secures construction financing for a Puget Sound project; KeyBank provides a permanent loan for newly built Ohio asset; and ConAm acquires a value-add property within Denver’s largest employment center.
TODAY’S DEALS: Steadfast Adds 643 Units to Portfolio
Steadfast Apartment REIT expands in the Midwest; a historic Rhode Island community trades hands for $31.8 million; and Red Mortgage Capital executes HUD refinancing of bridge loan.
Podcast: Oil and Apartments
Will oil prices continue to drop? What does cheap oil mean for jobs and apartments in the the energy markets? MHN’s Mike Ratliff and Jack Kern aim to find out in this special edition research podcast.
TODAY’S DEALS: Vornado Refinances Massive D.C. Asset
Vornado completes a $308 million refinance; Lowe Enterprises and First Capital Advisors acquire Silk Factory Lofts; and Greysteel arranges a 120-unit sale in Texas.
TODAY’S DEALS: JRK Finds Value in Rhode Island
CBRE/New England brokers a 243-unit Rhode Island sale; Beachwold grabs a Connecticut community from TGM Associates; and an apartment property in San Mateo, Calif. sells for $386,154 per unit.