Business Specialties
San Francisco Multifamily Portfolio Receives $600M Loan
Natixis served as the lead arranger and administrative agent on the transaction secured for a partnership of two pension funds and a local operator.
Meridian Lands $139M Loan for Upscale Manhattan Project
Luxury residential developer Anbau will use the financing to build a two-tower, 48-unit condo property in the Flatiron District.
Houston Community Lands $14M in Construction Financing
HS Development received a HUD 221(d)(4) loan for the 115-unit The Edge at Langham Creek project. MidHudson arranged the transaction, with Greystone as originator.
Mack-Cali Acquires New Jersey Community for $264M
Roseland Residential Trust, a multifamily arm of the REIT, purchased a 377-unit luxury apartment building in Jersey City, N.J., from seller AEW.
Pinnacle Brokers Southwest Denver Transaction
Joe Hornstein and Scott Fetter of the Hornstein Fetter apartment group worked on behalf of the sellers, with Jim Knowlton of the Knowlton Lawson team representing the buyers.
JV Breaks Ground on Miami High-Rise Community
The 434-unit luxury residential project will be part of Miami Worldcenter, a 27-acre, $4 billion mixed-use development now under construction in the heart of the city.
Terra Group Starts Leasing of Pembroke Pines Community
The new 387-unit luxury Pines Garden at City Center is part of the firm’s Pines City Center master-planned village in Florida.
Pacific Life Acquires North Texas Community
Jefferson LasCo is the fifth property developed by JPI in the Las Colinas submarket of Dallas.
Affordable San Diego Project Breaks Ground
Affirmed Housing has begun work on The Link, a 50,000-square-foot development dedicated to formerly homeless residents. Bank of America provided roughly $48 million for the project.
Executive Q&A: Lack of Income Growth Looms Large
PGIM Real Estate Finance’s Marcia Diaz shares her views on how the increasing housing supply and a potential economic slackening could impact multifamily financing.