Business Specialties
Griffin-American Healthcare Expands MO Portfolio
The REIT added eight skilled nursing facilities in the St. Louis-area to the five assets it acquired last year. The cost of the acquisition was $88.2 million.
Prasiti Asset Manager Acquires Texas Property
A JLL Capital Markets team represented the seller, CEG Multifamily LLC, in its disposition of Retreat at Western Hills, a 224-unit apartment community.
Geller Associates Buys $23M Charlotte Apartments
Hunt Real Estate Capital provided a $18.3 million Fannie Mae DUS loan to finance the acquisition of Fields at Archdale, a 243-unit garden-style community.
LMC Launches Leasing at CA Community
Located in the Southern California seaside town of Carlsbad, the 278-unit Marisol features smart home technology and offers a range of amenities.
Drucker + Falk Buys 396-Unit Hampton Roads Asset
Federal Capital Partners sold the Newport News community for $46.7 million after a 7-year holding period. The new owner is planning on implementing several upgrades.
Red Capital Arranges Loan for Historic PA Conversion
The $7.8 million financing will be used to transform a century-old tobacco warehouse in Lancaster County into Tobacco Road Apartments.
CPC Originates $11M Refi for Brooklyn Assets
The finance company provided the Freddie Mac loans for three multifamily properties in Cypress Hills, Crown Heights and Fort Greene.
Maxus Realty Trust Sells MS Community
Berkadia represented the seller in its disposition of Mallard Creek Apartments, located in Horn Lake. The previous owner bought the property in 2015 for $8.2 million.
Bellwether Secures $43M for MI Affordable Housing
The mortgage banking company provided structured financing for the development of 10 mobile home communities in Michigan.
Meridian Arranges $258M for NJ Multifamily Developments
Madison Realty Capital provided the financing package for the owner, Accurate Builders & Developers, for three multifamily projects in Bayonne, Linden and Raritan, N.J.