TODAY’S DEALS: Centerline Refinances a Texas Student Housing Asset for $17.3M
Centerline refinances a student housing asset in Texas; Marcus & Millichap closes two sales in Oceanside, Calif.; and Delshah Capital sells a repositioned condo building to Aria Investment for $3.6 million.
TODAY’S DEALS: NorthMarq Arranges $188M from TIAA-CREF, Allstate in Single Loan Execution
NorthMarq Capital arranges a $188 million first mortgage for Mansion Grove, a 1,000-unit property in Silicon Valley; Radco Companies completes a 640-unit acquisition; and Peak Capital Partners buys two apartment communities in North Carolina.
TODAY’S DEALS: HFF Priovides JV with $40.5M for Colorado Apartment Development
The Greystone Group and The Sevinson land financing for a Colorado project; NorthMarq Capital arranges first mortgage financing for a Illinois asset; and Arbor Commercial Funding provides a $8.5 million Fannie Mae refinance loan.
TODAY’S DEALS: Steadfast Adds $56M in Apartment Assets to Portfolio
Steadfast Income REIT acquires 633 units; ARA brokers a 271-unit sale in San Antonio; and Johnson Capital’s Denver office arranges a $10.8 million 35-year FHA permanent loan.
TODAY’S DEALS: Essex Property Trust Sells Calif. Apartment for $138M
IPA brokers a 400-unit sale in California; NorthMarq Capital arranges $52.3 million for an apartment acquisition in Austin; and Franklin Street closes on a $8.5 million, 10-year, loan, at 3.96 percent interest for the first two years.
‘Economy Watch’ Podcast with Dees Stribling: Long-Term Real Estate Investment is Down
Wages and salaries are up, but long-term investment in real estate is down.
TODAY’S DEALS: Behringer Harvard Acquires Houston-area Apartment
Behringer Harvard completes a 240-unit buy in Sugar Land; AEW buys a Durham asset from a Greystar JV; and Meridian Capital negotiates financing for six multifamily properties in New York.
TODAY’S DEALS: Large Texas Apartment Community Trade Hands
Marcus & Millichap completes a 720-unit sale; Centerline provides a $1.1 million refinance for an affordable asset in Mississippi; and Berkeley Point Capital facilitates $12.5 million for an acquisition.
TODAY’S DEALS: Massachusetts Multifamily Asset Trades for $46.8M
CBRE/New England completes a $46.8 million sale; CAPREIT acquires a portfolio in Dublin; and Berzack Investment Property Advisors brokers a 12-unit sale in California.
TODAY’S DEALS: Advenir Acquires 334-Unit Apartment in Texas
IPA arranges a Texas sale for DLC Residential; NorthMarq Capital arranges $11.5 million for an Iowa community; and Johnson Capital locks in a $17.2 million loan with no balloon from a life insurance company.