Business Specialties
TX Community Secures $49M Freddie Mac Loan
The 216-unit student housing community offers convenient access to Texas Tech University and to the city’s downtown area. Berkadia represented Kayne Anderson Capital Advisors LP and Capstone Collegiate Communities.
NYC Firm Awarded $70M to Build Modular Housing Community
Thorobird Cos., in a partnership with Bangladeshi American Community Development & Youth Services, will develop a 167-unit affordable property in Brooklyn.
LMC Breaks Ground on Seattle Mixed-Use Project
Ovation is a 548-unit luxury apartment community scheduled for completion in 2021. The development also features 6,000 square feet of ground-level retail.
Freeman Webb JV Refinances TN Apartments
Newmark Knight Frank Multifamily Capital Markets originated $29 million in financing through Fannie Mae for a property in Nashville. The mortgage retires a prior loan of $21.7 million.
Nashville Community Gets $39M Refi
PGIM Real Estate Finance originated the new 10-year Freddie Mac loan, which retires CMBS debt of nearly $34 million taken in 2015.
Cushman & Wakefield Brokers Sale of Luxury AZ Asset
Executive Managing Directors David Fogler and Steven Nicoluzakis represented the seller of the 150-unit Class A community in downtown Tempe.
Luxury Community Breaks Ground at Round Rock Premium Outlets
Parkside at Round Rock, a Simon asset, will comprise 433 units anticipated to open in early 2020 just outside of Austin, Texas.
Stillwater Capital to Add 2 New Communities in Austin
The company is developing a 259-unit property in the suburb of Leander, as well as a 222-unit project in the Riverside neighborhood, within Austin’s designated Opportunity Zone.
Poll: Energy Strategy
MHN has a new poll! We want to know if a formal strategy for maximizing energy efficiency is in effect at most of the properties your company owns or manages.
Freddie Mac, NEF Launch New LIHTC Fund
The fund’s first three investments in Houston and Los Angeles total more than $60 million and come several months after Freddie Mac re-entered the LIHTC market.