TODAY'S DEALS: Berkadia Lands $37M Refinance for Illinois Community
Berkadia provides a $37 million refinancing for a property in Illinois; SBV Communities completes its third acquisition in 2012 with the purchase of a 206-unit community; and Cassidy Turley BRE Commercial negotiates a $6 million sale.
TODAY'S DEALS: JV Breaks Ground on $200M Project
A 250-unit mixed-use asset breaks ground in Maryland; North American Properties gains approval for a $600 million development in Georgia; and Red Mortgage Capital Funds a $9.6 million FHA 221(d)(4) loan for a historic property rehabilitation.
TODAY'S DEALS: Pearl Properties Lands $66M Construction Loan
Peal Properties lands a $66.3 million construction loan via HFF; Colliers completes two apartment sales in Arizona; and NorthMarq arranges a seven-year $17.8 million acquisition loan with an interest-only feature.
WhiteGloves Waste—A Rental Recycling Solution
If your residents aren’t living up to their end of the recycling bargain, perhaps you should check out a waste concierge service. New Jersey-based WhiteGloves Waste LLC is one company that has taken the lead to provide a convenient, secure and reliable waste removal system with their door-to-dumpster waste management services.
TODAY'S DEALS: Canyon-Johnson Invests $25.7M into JV Development
Canyon-Johnson invests into a California development; Beech Street arranges $32 million for a rent controlled asset in New Jersey; and Centerline Capital Group supplies a $15.5 million Fannie Mae loan to refinance a property in Nashua, N.H.
TODAY'S DEALS: Kennedy Wilson Completes $154M Sale
Kennedy Wilson sells two assets for $154 million; a joint venture acquires $85 million in NYC properties; and Michael Jakubiec brokers the sale of a property for $3 million.
Give Summer the Welcome it Deserves with a Hatteras Hammock
If your tenants are lucky enough to enjoy outdoor space, then you might want to treat them to the best piece of outdoor furniture there is: the hammock. But not any old hammock will cut it—especially after all the time and money you put into creating a sleek and functional outdoor amenity space.
TODAY'S DEALS: Cassidy Turley Closes $36M Sale in Phoenix
Cassidy Turley negotiates the sale of a Phoenix community for $36 million; Berkadia provides $35 million in two financings; and a Brooklyn asset hits the market for the first time in over 50 years.
TODAY'S DEALS: Mixed-Income High-Rise Opens in Arlington
Bozzuto, Chesapeake Community Advisors complete a mixed-income high-rise in Arlington; Wood Partners begins a new development in North Carolina; and American Realty Advisors buys a 264-unit community outside of Atlanta.
TODAY'S DEALS: KBS REIT Acquires 255-Unit Asset Outside Baltimore
KBS Legacy Partners Apartment REIT buys a Maryland asset; Strategic Capital Partners acquires a community in Oklahoma City; and NAI Hunneman brokers the $2.7 million sale of a 100 percent-occupied building.