TODAY'S DEALS: Vesper Holdings Buys Texas Student Housing Asset
Vesper Holdings acquires a 528-bed student housing asset; UIP, Infinity buys a pre-war asset in Washington, D.C.; and Beech Street Capital provides a $5.2 million FHA loan with possibly the lowest rate to lock in the field office’s history.
TODAY'S DEALS: IPA Sells Tampa Community for $12.6M
IPA arranges a $12.6 million sale in Tampa; Centerline Capital provides a $6.6 million loan for a two-property acquisition in Utah; and Walker & Dunlop originates a $18.2 million refinance loan carrying two-years interest-only.
TODAY'S DEALS: American Realty Advisors Buys Two Seattle Assets
American Realty Advisors acquires two mixed-use communities in Seattle; Archstone breaks ground on a rental townhouse community; and NorthMarq arranges a $14.3 million seven-year Freddie Mac loan.
TODAY'S DEALS: MAA Buys 240-Unit Community in Virginia
MAA buys a community in Chesapeake, Va.; a 272-unit purchase expands Bascom’s Texas portfolio to 20 properties; and Johnson Capital arranges a preferred equity investment of under $1 million.
TODAY'S DEALS: Behringer Harvard Sells 253-Unit Community in Atlanta
Behringer Harvard sells a 253-unit mid-rise loft property; HFF lands a high-rise marketing gig; and Northmarq Capital arranges an acquisition financing of $38.6 million.
Glass Sinks from JSG Oceana Deliver a 'Wow' Factor
Glass sinks for JSG Oceana are not only functional pieces of art that will stand out in any luxury kitchen or bath, but the borosilicate glass is more stain and scratch resistant that both steel and porcelain.
TODAY'S DEALS: BPG Acquires Two Virginia Communities
BPG Properties buys two Virginia assets for $83.4 million; Crescent Resources begins a $37 million development in Florida; and HFF completes the $31 million sale of a New York property.
TODAY'S DEALS: Cohen Financial Secures $48.8M for 12 Bay Area Communities
Cohen Financial secures financing for 12 properties; Marcus & Millichap brokers the sale of a seniors housing asset near Chicago; and Hendricks & Partners brokers a $5 million sale.
TODAY'S DEALS: Related, Shoma Buy 48 Acres for Mixed-Use Development
The Related Group and Shoma Group buy land for a mixed-use development; Boston Capital closes an affordable seniors housing construction loan; and George Smith Partners clinches a $1.5 million acquisition financing at 90 percent LTC.
TODAY'S DEALS: Dornin Acquires Seniors Housing Community in California
Dornin Investment Group purchases a 122-unit seniors community located in San Marcos, Calif.; AIG Global Investment Group sells a three-property portfolio in New Jersey; and Marcus & Millichap closes the $1.5 million sale of a 16-unit property.