TODAY’S DEALS: HFF Arranges $14M Financing for Colorado Complex
HFF arranges a $14M financing package for a Colorado property; Behringer Harvard sells a 390-unit asset near San Francisco to an institutional investor; and NCB, FSB arranges financing for local cooperatives.
Tubelite Introduces New Storm Door
Tubelite introduces a tough new storm door that is made mostly from recycled aluminum.
TODAY’S DEALS: Beech Street Provides $32M Refinance to 648-Unit Property
Beech Street Capital provides a $32 million refinance for a 648-unit property in Delaware; Walker & Dunlop provides a $5.6 million refinance loan for a Vermont property; and Colliers negotiates the sale of two properties in Phoenix.
TODAY’S DEALS: IPA Arranges $76.5M Sacramento Area Sale
IPA completes the $76.5 million sale of a 612-unit property in Roseville, Calif.; NorthMarq Capital arranges two multifamily mortgages totaling $24.5 million; and Hendricks & Partners represents the seller in a 4.8 percent cap sale.
TODAY’S DEALS: BCN Acquires Prime Manhattan Space for Condo Development
BCN Development signs prime Manhattan space for a new condo; Emeritus enters a purchase agreement with Blackstone for 24 assisted-living communities; and Beech Street Capital originates $12.65 million Fannie Mae loan for property in an improving area.
GROHE Unveils Blue Collection of Faucets
GROHE has introduced a new line of faucets that gives users the choice of drawing either filtered, still or sparking water directly from the kitchen.
TODAY’S DEALS: Lee & Associates Completes $40.9M Las Vegas Transaction
Lee & Associates completes a $40.9 million acquision transaction in Las Vegas; AREA and ECI recapitalizae a multifamily portfolio to the tune of $208.5 million; and Continental Real Estate Companies completes a $6.8 million sale in Florida.
TODAY’S DEALS: Kennedy Wilson Sells 286-Unit Community for $43M
Kenedy Wilson sells a 286-unit asset for $43 million; Carroll Organization acquires three off-market properties; and ARA brokers the sale of Michigan REO manufactured housing.
MHN TV: Mel Gamzon’s Seniors Report (1Q11)
Longtime seniors housing expert Mel Gamzon offers insights into the seniors housing market as the first Baby Boomers turn 65. His seniors housing report is a quarterly feature on CPE TV and MHN TV.
TODAY’S DEALS: MAA Completes Two Florida Acquisitions
MAA acquires two recently constructed apartment communities in Florida; Edgewood Capital finances the acquisition of a 186-unit property in Jacksonville; and Berkadia originates an acquisition loan at 80 percent LTV.