TODAY’S DEALS: Praedium and Fairfield Acquire Maryland Apartment for $31M
The Praedium Group and Fairfied Investment Company purchase $31 million apartment building in Maryland; CB Richard Ellis sells a Jersey Shore asset for $4.5 million; and Red Capital’s $50M mortgages take out construction financing.
TODAY’S DEALS: KTGY Designed Student Housing to Break Ground at Univ. of La Verne
KTGY-designed mixed-used student housing project to break ground at La Verne Univ.; Education Realty Trusts has purchased two communities next to the Univ. of Virginia; and NorthMarq arranges $15.5M mortgage for property in San Diego.
TODAY’S DEALS: HFF Arranges $22.35M in Financing for North Texas Multifamily Community
HFF arranges $22.35 million in financing for La Valencia at Startwood; Federal Capital Partners buys two Maryland communities; and Beech Street funds $31.4 million Fannie Mae loan originated by Meridian Capital.
Mediterranea Porcelain Tiles Replicate Petrified Wood
Mediterranea recreates ancient ‘wood’ with advanced printing techniques in their new Mountain Timber series of porcelain tiles.
TODAY’S DEALS: Senior Housing Properties Trust to Buy 20 Communities for $304M
Senior Housing Properties Trust to acquire 20 communities for $304 million; Harbor Group affiliates to buy 20 property mulifamily portfolio for $165.9 million; and Transwestern Realty funds mezz loan for new construction.
TODAY’S DEALS: Walker & Dunlop Closes $12.7M Refinance of Construction Loan for Texas Student Housing
Walker & Dunlop closes $12.7 million refinance of construction loan; Dolben acquires Northgate Apartments for $19.1 million; Berkadia refinances Wyoming student housing; and NorthMarq’s investment sales team arranges student housing transaction.
TODAY’S DEALS: ARA Executes Sale of 267-Unit Community in Charlotte, N.C. for $40.5M
ARA closes the sale of Elizabeth Square in N.C.; Salmanson acquires Nebraska student housing; and Berkadia Commercial Mortgage originates a $13.35 million loan through conduit.
TODAY’S DEALS: NorthMarq Capital Arranges $21.8M Mortgage through Life Insurance Company
NorthMarq arranges $21.8 million in mortgage financing; HFF secures a $17.2 million refinance loan; and Marcus & Millichap arranges the sale of a 144-unit asset in Cleveland.
TODAY’S DEALS: Granbridge Closes $31.9M Mortgage Secured by 352-Unit Property
Granbridge closes $31.9 million first mortgage; CBRE sells a 304-unit student-housing community; and HFF closes sale of suburban apartment property.
EnerLogic Window Film Makes Temperature Control a Breeze
A new technology from CP Films is here to keep buildings cooler in the summer and warmer in the winter. It is called EnerLogic, and it is the newest series in the company’s Vista line of architectural window films.