Tampa Bay Community Trades for $63M
As part of the deal, Westdale Asset Management assumed a $44.5 million Fannie Mae loan, which Berkadia originated last year.
Quantum Equities Enters Charlotte Market With $34M Buy
The company obtained a $24.6 million Fannie Mae loan to finance the acquisition of The Flats at Arrowood, a 301-unit community in the metro’s southwest.
Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
OC Ventures Acquires $62M Student Housing Portfolio
The portfolio’s new owner took two Fannie Mae loans totaling $44 million to finance the acquisition.
Fort Worth Communities Change Hands
The buyer, a local private investor, financed the purchase of the 222-unit portfolio with a $15.1 million Fannie Mae loan.
Houston Community Receives $23M Loan
Voya Financial provided the three-year mortgage to fund the acquisition of Oak Grove Apartments.
Walker & Dunlop Provides Refi for Senior Housing Communities
The company accessed the two permanent notes through HUD’s Lean loan program. The properties are located in West Texas and Northern Alabama.
Los Angeles-Area Community Sells for $49M
The 11-building property in Cerritos, Calif., traded for $324,000 per unit.
Pensam Provides $56M Refi for Newly Built Florida Community
The loan will finance the property’s lease-up and retire a $45 million construction mortgage.
Interra Realty Arranges $27M Chicago Multifamily Sale
The firm’s Lucas Fryman, Joe Smazal, David Goss and Jon Morgan represented both the buyer and seller.