TODAY’S DEALS: Milestone Completes $28M Apartment Acquisition in Atlanta
Toronto-based Milestone buys in Atlanta; NorthMarq completes a $27M refinancing and helps a borrower avert prepayment penalty; and Marcus & Millichap, IPA handle a Phoenix apartment sale.
TODAY’S DEALS: Treetop Completes $60M Sale of 12-Building Portfolio In Northern Manhattan
Treetop Development unloads its portfolio of 12 mixed-use apartment buildings for $60 million; National Real Estate Advisors sells a 111-unit community in Quincy, Mass.; and NorthMarq Capital funds a $13.7 million acquisition loan.
Washington, D.C., Apartment Market Podcast
Pierce Eislen’s Ron Brock Sr. and MHN’s Research Editor Jack Kern discuss Washington, D.C., apartment market fundamentals in this edition of our market research podcast hosted by Senior Associate Editor Mike Ratliff.
TODAY’S DEALS: KRON-TV HQ Sale Paves Way for San Fran Development
NKFC&CCl brokers the sale of KRON Channel 4’s headquarters in San Francisco; a Los Angeles apartment trades hands for $10 million; and Centerline Capital completes a $2 million refinancing in Georgia.
TODAY’S DEALS: Walker & Dunlop Provides $278M Credit Facility
Walker & Dunlop secures a credit Facility for Milestone Apartment REIT; Greystone acquires a 228-unit asset in North Carolina; and Oak Grove Capital closes 13 loans totaling $123.4 million over the past month.
TODAY’S DEALS: Resource Real Estate Acquires Plano Apartment Asset
Resource Real Estate Opportunity REIT Inc. buys a 142-unit community in Plano, Texas; Cushman & Wakefield arranges $19.6M in acquisition capital for LCB Senior Living; and IPA brokers the sale of a 60-unit property in Culver City, Calif.
TODAY’S DEALS: NorthMarq Capital Arranges $58M Bond Financing for Student Housing Located on University of Central Florida
NorthMarq Capital arranges financing for the seven-story NorthView Student Housing; a joint venture closes a construction loan for a luxury condo in Miami; and True North Capital Partners affiliate buys two properties in Massachusetts.
TODAY’S DEALS: Newly Built San Antonio Property Trades Hands
The NPR Group sells a 300-unit asset in Houston to Pensam Capital; Carroll Organization and The Carlyle Group complete a Houston apartment disposition; and GFI fetches $175k per unit for a 53-unit apartment building in the Bronx, N.Y.
TODAY’S DEALS: Meridian Capital Arranges $58.6M in Acquisition Financing for Hi-Rise in New York on Behalf of Carmel Partners
Meridian Capital arranges a $58.6 million seven-year mortgage provided by a regional balance sheet lender; Miller-Valentine lands $12.8 million for an affordable Georgia development; and Champion completes its three-phase acquisition of a 304-unit property in Ohio.
TODAY’S DEALS: Atlanta Seniors Housing Sells for $83.5M
Cassidy Turley arranges a seniors housing sale; ARA brokers the $37.3 million sale of a multifamily asset to Passco Companies; and CBRE/New England recapitalizes a LEED-Silver certified apartment in Massachusetts.