TODAY’S DEALS: Parse Capital Provides $7.3M Mezz. Piece for Luxury Houston Apartments
Parse Capital partners with JPI Companies on a $37 million Houston development; Capital One closes an $8.8 million refinance for a New Hampshire assisted living community; and ARA’s Colorado office handles the $899,000 sale of a 14-Unit townhome community in Colorado Springs, Colo.
TODAY’S DEALS: NorthMarq Arranges $21.8M for California Affordable Housing
NorthMarq refinances two assets in Alameda, Calif.; Marcus & Millichap closes the sale of Imperial Crown apartments; and Berkadia originates $34 million for a multifamily property on Long Island, N.Y.
TODAY’S DEALS: Investors Bank Maintains Strong MF Volume in 2Q14
Investors Bank maintains a strong multifamily lending pipeline during the second quarter; Marcus & Millichap brokers the sale of a 120-unit asset in Victoria, Texas; and NorthMarq negotiates a $13 million refinance.
TODAY’S DEALS: Waypoint Residential Buys 272 Units in Florida
IPA brokers a $25.3 million sale in Florida; HFF arranges refinancing for two Class A assets in Stafford, Texas; and RailField Realty, whose founders include former Fannie Mae multifamily head Ken Bacon, closes its first major acquisition.
TODAY’S DEALS: Berkadia Secures More Than $156M in Financing for Capital Senior Living
Berkadia Commercial Mortgage arranges $156.6 million in financing for a portfolio of 15 seniors housing properties; Walker & Dunlop structures a $70.5 million loan for a Boston-area acquisition; and EdR sells two student housing communities for a combined $29.9 million.
TODAY’S DEALS: Pillar Originates $20.7M HUD Loan
Pillar originates a $20.7 million acquisition and rehabilitation loan for an affordable asset in Michigan; HFF arranges $8.5 million for a 244-unit community in Tampa; and Boston Capital provides capital for two LIHTC properties in North Carolina.
New Auction.com App Lets You Buy on the Move
Mobile technology has revolutionized the way we shop for goods. A new app from Auction.com aims to do the same for real estate.
TODAY’S DEALS: NorthMarq Arranges $35M for AFL-CIO
NorthMarq arranges an Allianz Life Co. refinancing for AFL-CIO Building Investment Trust; The RADCO Companies completes a value-add play with a $5 million sale in metro Atlanta; and Greystone provides a $5.6 million bridge loan for a Colorado community.
San Francisco Apartment Market Podcast
Pierce Eislen’s Ron Brock Sr. and MHN’s research editor Jack Kern discuss San Francisco apartment market fundamentals in this edition of our market research podcast hosted by Mike Ratliff.
TODAY’S DEALS: HFF Completes Sale of $900M Portfolio with L.A. Condo Disposition
HFF sells a 271-unit and wraps up a portfolio sale on behalf of ST Residential; NorthMarq Capital arranges $43.5 million for a Security Properties acquisition; and Hamilton Zanze sells an Austin apartment community.