TODAY’S DEALS: HFF Secures $17M Refinance for Universe Holdings
HFF arranges refinancing for an 118-unit Los Angeles portfolio; Tricap grabs a community in Indiana for $11.3 million; and Arbor Commercial Funding originates two loans under Fannie Mae’s DUS program.
2014 Excellence Awards: John O’Donnell
John O’Donnell of The Michaels Organization briefs MHN on industry trends for 2015, as well as the company’s strategy for its student housing business.
TODAY’S DEALS: CBRE/NE Brokers 56-Unit Sale in Massachusetts
CBRE/New England brokers a 56-unit sale in Tewksbury, Mass.; Marcus & Millichap arranges a 228-unit portfolio sale in North Texas; and NorthMarq Capital finalizes $26 million in acquisition financing.
TODAY’S DEALS: Oak Grove Capital Closes $135.2M in Three Weeks
Oak Grove Capital closes a series of affordable, market-rate and seniors housing loans; Jason Cohen Pittsburgh buys a neglected property with planned repositioning; and Capital Fund Services arranges financing for a Southside Chicago housing.
TODAY’S DEALS: Phoenix Realty Group Buys 600 Units in Colorado
Phoenix Realty Group grabs 600 units in Aurora, Colo.; NorthMarq arranges a $140 million refinance through GE Capital and Prudential; and Eastern Union arranges $6 million for the refinance of a Manhattan mixed-use property.
TODAY’S DEALS: Canyon Capital Provides Related JV with $157M for Miami Condo/Hotel
HFF arranges $157 million for a mixed-use Miami development; Equus Capital Partners acquires 288 units in Atlanta; and Berkadia arranges more than $26 million for two multifamily properties on the East Coast.
TODAY’S DEALS: A Canadian Investment Group Picks Up Austin Apartments from Greystar
ARA brokers a 355-unit sale in Austin; Griffis Residential acquires 512 units in Austin; and Oak Grove Capital arranges a $10-million forward commitment for a public housing redevelopment in the business district of Tampa, Fla.
TODAY’S DEALS: Kushner, Extell Grab Oceanfront Mixed-Use Asset in N.J.
Kushner and Extell buy an oceanfront asset with expansion plans; Steadfast Apartment REIT completes its second buy in Georgia; and NC Pepe Corp. sells a property in Brooklyn’s Williamsburg.
TODAY’S DEALS: StarPoint Grabs 259 Units in Los Angeles County
StarPoint completes a $51.8 million acquisition; Marcus & Millichap brokers a 26-unit sale in Illinois; and NorthMarq Capital arranges $11.86 million in Fannie Mae acquisition financing.
TODAY’S DEALS: Greystone Closes $43.7M Affordable Transaction in Alabama
Greystone has closed a $43.7 million affordable housing transaction in Alabama; NorthMarq secures $103.7 million for a Texas portfolio; and Berkadia structures $55 million for the construction of a multifamily property located in a master-planned community.