Business Specialties
Bascom Group Acquires Denver Community for $93M
The company secured the 275-unit Modera at Observatory Park Apartments from Mill Creek Residential, which will remain the property manager.
MO Condo High-Rise Finishes Construction
The Cypress at the Lake in Central Beach includes 61 luxury units and a private marina, car charging stations and an indoor/outdoor wine bar.
American Landmark, Electra America Expand FL Portfolio
The joint venture acquired the 184-unit High Ridge Landing in Boynton Beach, which features a resort-style pool, a dog wash and a fitness center.
Affordable Housing Project for Veterans Breaks Ground in DC
TD Bank has facilitated a $9.5 million construction loan for an adaptive reuse project built on part of a former military building at the Walter Reed Army Base.
Manhattan Nursing Facility Lands Record $127M FHA Loan
KeyBank arranged the refinancing for the 499-bed Upper East Side Rehabilitation and Nursing Center. The funds will be used to pay off an interim acquisition bridge loan and $7 million in capital improvements.
Cleveland Luxury Property Receives $93M Refi
Bellwether Enterprise’s Flats at East Bank Apartments is an eight-story, 241-unit community that features 13 restaurants.
Construction Underway on $1B CA Waterfront Development
Alameda Point Partners broke ground on the first phase of a mixed-use community that will include 673 units. The property is located on the site of a former naval base.
Metropolitan America Sells NJ Asset for $22M
Marcus & Millichap represented the seller and its Capital Corp. division arranged $19.8 million in acquisition financing for the 206-unit Robert Towers in East Orange.
HTG Secures Financing for Affordable FL Community
Located at 932 Freedom Way in Brooksville, Fla., the project will include four garden-style, mid-rise buildings featuring 32 one-, 28 two-, and 34 three-bedroom apartments.
Prescient Delivers Chicagoland Luxury Community
The company used a proprietary modular construction system to complete the property, which is located steps from downtown Lake Forest., Ill.