Business Specialties
Suburban Atlanta Community Commands $35M
The acquisition of the 300-unit Class B multifamily asset, constructed in 1985, marks One Real Estate Investment’s first purchase in the metro.
Newly Completed Nashville Community Lands $40M Refi
The Giddings Group opened the 251-unit luxury asset in the city’s North Nashville/Bordeaux submarket in 2018. The new financing package pays down a prior construction loan from SunTrust Bank.
The Habitat Co. Grows IL Affordable Management Portfolio
The Drexel Properties, a 155-unit community in Chicago’s Kenwood neighborhood, brings the company’s affordable housing assignments to more than 10,000 units.
GSEs Sticking to Their Mission in Flat 2019
Fannie Mae and Freddie Mac are the leading source of multifamily mortgage originations. How do they foresee the market for 2019 and 2020?
Berkadia Facilitates $21M Fort Myers Transaction
ESG Kullen’s purchase of 186 units in a fractured sale secures the new owner’s control over the southern Florida condominium association.
Miami Worldcenter’s 1st Tower Comes on Line
Nitin Motwani, managing principal at Miami Worldcenter Associates, speaks in depth about the milestone for the $4 billion project—one of the largest of its kind in the U.S.—located near the Brightline at MiamiCentral.
FCP Expands Atlanta-Area Portfolio With $30M Buy
Hercules Real Estate Services sold the 210-unit Chroma Park in Austell, Ga. The new owner plans to invest in capital improvements on buildings, amenities and interiors.
Dallas Community Changes Hands
NorthMarq Capital provided the buyer, MORE Residential, with more than $43 million in Freddie Mac acquisition financing for the 2013-built asset.
Greystone Provides $133M Loan for NYC Asset
The Fannie Mae loan will refinance a mixed-income property encompassing 571 units on the Staten Island North Shore waterfront.
Invesco Pays $150M for Boston Mixed-Use High-Rise
The Harlo Fenway features 212 apartments and access to amenities such as an 18th-floor sky deck, yoga terrace and dog spa, as well as ground-floor retail.