Marcus & Millichap’s IPA Sells 21-Property Portfolio
The properties consist of 5,995 units spanning five states.
Berkeley Point, ARA Newmark Team Up on $212M Portfolio Refi
The firms secured a seven-year, floating-rate loan from Freddie Mac to refinance a nine-property portfolio for their longtime client Steadfast Cos.
Extell, SMI USA to Develop $3B Residential Tower in NYC
The partnership will co-develop Central Park Tower on Billionaire’s Row, creating the tallest residential building in the Western Hemisphere.
$111M JV to Develop Major Mixed-Use Project in Chicago
Guggenheim Real Estate selected two partners to renovate a two-tower community and expand the site into a large mixed-use project in the Illinois Medical District.
Hines, Welltower Tap Sunrise Senior Living for NYC Project
Sunrise Senior Living was chosen to operate an upcoming senior living community under development by Welltower and Hines in Midtown Manhattan.
P3 Keeps Colorado Community Affordable
Community Development Trust, Volunteers of America and The Colorado Springs Housing Authority team up to save a 256-unit community for low-income residents.
EdR to Develop University’s Largest Project to Date
Northern Michigan University selected EdR to develop, finance and manage a historic multi-building living-learning community.
Greystone Provides $49M Refi for 2 Senior Housing Communities
The real estate lender provided the Freddie Mac loans for two assisted living and memory care facilities.
Decron Lays Out $96M for Orange County Community
The company acquired the 349-unit Adagio at South Coast, which will undergo a major interior and exterior renovation.
Welltower Nabs $1.1B West Coast Senior Housing Portfolio
The acquisition brings Welltower’s portfolio to 114 health care properties, making it the largest owner of senior housing in California.