TODAY’S DEALS: Kennedy Wilson Expands with Condo-Quality Apartment Acquisition
Kennedy Wilson completes a $47 million purchase with value-add intentions; Greystar nabs a 200-unit community in Quincy, Mass.; and a national real estate investor purchases a property for $30 million in an online auction.
TODAY’S DEALS: Waypoint Grabs Waterfront Apartments in Newport Beach
IPA brokers a $25.5 million sale in Newport Beach, Calif.; Lee & Associates arranges a 32-unit asset in Los Angeles; and Berkadia negotiates the financing and sale of a multifamily property in Greater Phoenix.
TODAY’S DEALS: RFR and Vanke Land $360M for Manhattan Condo
HFF sources $360 million for a Manhattan condo development from the Industrial and Commercial Bank of China; Walker & Dunlop closes a $152 million loan portfolio within 48 days; and Greystone arranges financing for a Strategic Properties acquisition in Illinois.
TODAY’S DEALS: Grosvenor Closes $35.5M for Two San Francisco Developments
DM Development lands $35.5 million for two San Francisco projects; Greysteel closes a 104-unit sale in Maryland; and Equicap arranges a $8.5 million bridge loan to replace a construction loan for a condo conversion in New York.
TODAY’S DEALS: Security Properties Finds TOD Value Along D.C.’s Silver Line Expansion
Security Properties completes a $31 million buy in Northern Virginia; a joint venture kicks off an apartment redevelopment play in D.C.; and Grandbridge arranges three Nevada multifamily loans.
TODAY’S DEALS: Greystone Closes $96M CMBS Loan for Portfolio Acquisition
A 1,856-unit portfolio in Raleigh, N.C., & Dallas/Forth Worth trades hands; Capital One Multifamily Finance refinances a Sacramento apartment asset; and Berkeley Point Capital helps cut a borrower’s refinance interest rate by 50 percent.
TODAY’S DEALS: NorthMarq Closes Texas Construction Loan
NorthMarq arranges $10.5 million for a Texas asset; Berkeley Point Capital refinances an assisted living property in Portland, Ore.; and Stepp Commercial completes a $2.5 million sale in Long Beach, Calif.
TODAY’S DEALS: What Does $250M Get You in Colorado?
Bell Partners buys one of Colorado’s largest apartment communities; MIG Real Estate grabs a 301-unit townhome asset in North Dallas; and Hunt Mortgage Group finances the acquisition of properties via Fannie Mae.
TODAY’S DEALS: West Palm Beach Apartments Trade Hands
A Fairfield affiliate sells a 222-unit property in West Palm Beach; Fowler Property Acquisitions grabs an asset in Tallahassee; and NorthMarq Capital finalizes two multifamily properties through Freddie Mac totaling $34.8 million.
TODAY’S DEALS: KeyBank Secures Delaware Acquisition Financing
KeyBank lands a $20.4 million Fannie acquisition loan; Greysteel closes a 16-unit sale in Washington, D.C.; and Essex Realty brokers the sale of a six-unit building for $805,000.