TODAY’S DEALS: Morgan Properties, The Olayan Group Buy $309M Apartment Portfolio
Morgan Properties and The Olayan Group buy 2,671 apartments in the Maryland and Virginia suburbs of Washington, D.C.; The Richman Group acquires a Florida development site for a 417-unit community; and NorthMarq Capital secures $32 million for multifamily properties.
TODAY’S DEALS: Steadfast Apartment REIT Closes First Acquisition
Steadfast Apartment REIT completes its first acquisition with a Tennessee purchase; NorthMarq Capital finalizes $41 million seven-year refinancing loan; and Cohen Financial secures a $26.3 million bridge loan for a fractured condo in suburban Orlando.
The Multi-Housing Industry Directory
MHN presents the inaugural edition of The Multi-Housing Industry Directory.
TODAY’S DEALS: PCCP Provides Northland with $98M for Massachusetts Development
Northland Investment Corp. lands $98 million for a mixed-use development; NorthMarq refinances a student housing portfolio in Idaho; and HFF arranges an $8 million financing through Sun National Bank.
TODAY’S DEALS: Greysteel Closes 200-Unit TOD Sale in Virginia
Federal Capital Partners grabs a Virginia asset; Orion lands a management gig in Houston; and Centerline Capital facilitates a $18.5 million funding of an acquisition.
TODAY’S DEALS: Cushman & Wakefield Arranges Orlando Fractured Condo Sale
Cushman & Wakefield advises a Madison Capital Management affiliate on a fractured condo sale; Castle Lanterra enters Chicago with a $28.5 million, 425-unit buy; and Largo Group arranges a seven-year, $32.75 million permanent loan.
TODAY’S DEALS: Resource Real Estate Buys Two Atlanta Apartment Assets
Resource Real Estate Opportunity REIT grabs 359 units in Atlanta; Aragon Holdings acquires a two-property portfolio in Denver; and NorthMarq Capital arranges a $20.5 million Freddie Mac refinancing loan.
TODAY’S DEALS: Newly Completed Austin Community Trades Hands
Oden Hughes sells a 2013-built asset in Austin; TD Bank funds a $17.3 million loan for the acquisition of apartment units; abd Boston Capital invests in a Texas LIHTC development.
TODAY’S DEALS: NorthMarq Refinances San Diego Apartment Asset
NorthMarq arranges a $52 million refinancing in San Diego; ARA brokers a Texas sale to a Montana buyer; and Dominium acquires an affordable housing community in Florida.
TODAY’S DEALS: Hamilton Zanze Sells 292-Units in Colorado Springs
ARA brokers a $40.5 million sale in Colorado; HFF arranges construction financing and joint venture equity for a mixed-use office and residential development in Houston; and Walker & Dunlop provides a three-year, cash-out, bridge loan for an assisted living facility.