TODAY’S DEALS: Bascom Completes Colorado Sale with Help from ARA
ARA represents Bascom in a $42.3 million sale; NAI Hunneman brokers a Massachusetts transaction; and Aries Capital provides a $3.3 million loan.
TODAY’S DEALS: Bascom Continues Phoenix Buying Spree
Bascom buys two assets; Centerline Capital provides financing for a Colorado acquisition; and Commercial Mortgage Capital closes $46.5 million in financing in August.
TODAY’S DEALS: Salmanson Capital Completes $15.2M Off-Campus Buy
Salmanson Capital buys 50 off-campus assets near Lehigh University; Beech Street provides $10.9 million for a Philadelphia portfolio refinance; and Alliant Capital closes two loans for borrower to pay off bank loan and capitalize equity.
TODAY’S DEALS: Brookfield and Fairfield Close $323M Fund
Brookfield Asset Management and Fairfield Residential close a $323 million value add fund; Beech Street provides a $21.7 million acquisition loan; and Berkadia arranges interim and permanent financing for properties in Brooklyn, N.Y.
Make Dull Multifamily Spaces ‘Pop’ with AirStone
AirStone is an ultra-lightweight stone veneer that can easily be installed without grout to give any space an attractive update. The product has 80 percent recycled content and is 50 percent lighter than manufactured concrete stone.
TODAY’S DEALS: ARA Closes an Equity Raise for a Houston Development
ARA sources JV equity for an Alliance development; Northwestern Mutual sells a 137-unit asset in Medford, Ma.; and NorthMarq Capital arranges a $14.5 million Freddie Mac mortgage.
TODAY’S DEALS: MAA Enters Kansas City Market with 323-Unit Purchase
MAA enters Kansas City; Bluerock completes a disposition in Austin; and Boston Capital invests in an affordable seniors development in West Roxbury, Ma.
TODAY’S DEALS: IPA, Rockefeller Group to Develop Arizona Apartments
A JV begins a $57.5 million asset in Arizona; ARA brokers the sale of a community in Golden, Co.; and HFF closes the sale of an iconic six-property Chicagoland portfolio.
TODAY’S DEALS: Fairfield Residential Buys 408-Unit Asset
Fairfield Residential buys a Tempe, Ariz. asset; Behringer Harvard invests in TDI’s Allen, Texas, development; and NorthMarq Capital arranges a $36.3 million Freddie Mac mortgage for student housing.
TODAY’S DEALS: SC Bodner Co. Sells $23M Asset
ARA completes a $23 million sale; Inland buys a 272-unit asset in Bradenton, Fla.; and Centerline Capital Group refinances a property in Illinois with a $6.5 million Fannie Mae loan.