Today's Deals: CBRE Secures $47.5M for N.J. Redevelopment
CBRE provides financing for a large adaptive reuse project in N.J.; Cushman & Wakefield brokers a $64.9 million sale; and Centerline arranges a $12.2 million Fannie Mae refinance loan.
Today's Deals: Home Properties Buys Two Assets for $113M
Home Properties wraps up 2011 with over $500 million in acquisitions; NorthMarq arranges a $70 million Freddie Mac mortgage for a community in Michigan; and Iron Gate buys a $106.5 million portfolio in Atlanta.
TODAY'S DEALS: MAA Acquires Two Properties for $67.5M
MAA picks up two properties totaling 480 units; HFF secures $42 million through Prudential for apartments in the Terra Vista master planned community; and McCann Realty Partners breaks into the Austin market with a 208-unit purchase.
TODAY'S DEALS: Bozzuto Breaks Ground in Baltimore
The Bozzuto Group breaks group on a waterfront community in Baltimore; NorthMarq arranges $33 million in financing for an Colorado apartment; and CapitalSource funds a Beverly Hills acquisition.
LOFTwall is the Ultimate User-Defined Space Divider
Partitions from LOFTwall offer an attractive, affordable and customizable way for residents and interior designers to make smaller spaces more functional. The panels feature a self-adhesive system that can use any cover material, so LOFTwall can work with any design or color scheme.
Today's Deals: Archstone Partnership Acquires $131M NYC Community
An Archstone sponsored partnership has acquired a 209-unit community in New York; IPA brokers the sale of a 174-unit asset in Los Angeles; and Walker & Dunlop completes a $12 million Fannie Mae Early Rate Lock loan.
Today's Deals: Security Properties Acquires Interest in Four Assets
Security Properties purchases an interest in four West Coast communities; Crescent Resources begins a 303-unit luxury development in Durham, N.C.; and Walker & Dunlop supplies a $6M loan under Fannie Mae’s Early Rate Lock.
Today's Deals: Pollack Shores Breaks Ground on $40M Community in Orlando
Pollack Shores Real Estate Group breaks ground on a TOD in Orlando; CBRE completes the sale of a 344-unit high-rise in Chicago; and Tikijian sells a stabilized lakefront property in the Indianapolis metro.
Today's Deals: Harbour Realty Snags 280 Units in Chicagoland
Harbour Realty Partners purchases 280 units in Chicagoland; Passco Companies buys a 212-unit golf-oriented community; Greystone originates $15.8 million for a property in Florida; and Walker & Dunlop provides a $6.1 million loan under Freddie Mac’s CME program.
Today's Deals: JV Lines Up Funds for Bethesda Mixed-Use Development
Northwestern Mutual funds a joint venture mixed-use development; The Praedium Group and Hamilton Zanze & Company sell a Colorado asset; and HFF closes REO sale of Veranda Park in Orlando, Fla.