TODAY’S DEALS: Greystone Closes $38.8M CMBS Deal
Greystone closes a CMBS loan for an Ohio owner; National Health Investors acquires a seniors living campus in Alabama; and Meridian Capital negotiates $78.1M in financing for properties in NYC.
TODAY’S DEALS: RADCO Acquires 982-Unit Apartment in Atlanta
The RADCO Companies completes a $39.6 million distressed acquisition; Trade Street Residential acquires a 208-unit apartment community in Charlotte; and Johnson Capital arranges a $2.86 million acquisition loan.
2013 Top Apartment Owners
Our observation is that successful owners are not just traders in and out of properties each time a cap rate adjustment occurs. Cycles come and go, but long-term ownership keeps you looking smarter year over year.
TODAY’S DEALS: Morgan Properties, DRA Acquire 526-Unit Apartment Community
Morgan Properties expands in Maryland; Walker & Dunlop finances 2,400 units in Tennessee; and Essex Realty brokers the $4.89 million sale of a courtyard building.
TODAY’S DEALS: HFF Arranges $47M for an Austin Apartment Community
Suburban Homes lands a $47 million loan for a 528-unit asset; NorthMarq arranges a $14.6 million refinance for a Phoenix apartment community; and Houlihan-Parnes brokers the acquisition of a row house-style community.
TODAY’S DEALS: Weinstein Properties Buys into Charlotte with $41.5M Apartment Acquisition
ARA completes a 205-unit sale in Charlotte; The Bascom Group acquires a 336-unit community in Las Vegas; and Thorofare Capital funds a $8.2 million non-recourse loan.
TODAY’S DEALS: Boston Apartment Asset Sells for $53.6M
CBRE/New England brokers a 136-unit sale in Boston; Marcus & Millichap closes a $25.7 million multifamily trade in Harrisburg, Pa.; and C&W brokers a bulk sale of luxury condominiums in Celebration, Fla., by a financial institution.
TODAY’S DEALS: JBG, Walton Street Land $99.2M for Mixed-Use Development in D.C.
HFF provides construction financing for a JV development; Canyon Capital Realty Advisors arranges construction financing for a NYC co-op; and Ariel Properties brokers the sale of a walk-up property for $11.1 million.
TODAY’S DEALS: StoneBridge Investments Buys Luxury Atlanta Apartment
StoneBridge Investments buys 252 units in Atlanta; NorthMarq arranges $13.6 million for an affordable asset; and Centerline provides a $6.7 million bridge loan to refinance and build-out a 24-unit property.
TODAY’S DEALS: Tucker Development-Led Partnership Closes on $218M Financing for Hudson Lights
Tucker Development-led partnership closes on $218 million in financing for a mixed-use development; HFF provides a development in North Dakota with construction financing; and Colliers sells to properties in Phoenix.