Business Specialties
Cushman & Wakefield Brokers $49M FL Sale
Senior Directors Jay Ballard and Ken Delvillar of the company’s multifamily team in Orlando facilitated the transaction on behalf of seller Waypoint Residential.
Orlando-Area Community Lands $38M Acquisition Loan
The 320-unit property was nearing full occupancy at the time of the transaction. Berkadia worked on behalf of buyer Insula Cos.
Orlando Community Lands $48M Acquisition Loan
The recently completed property had an 82 percent occupancy rate at the time of the negotiations. Berkadia worked on behalf of buyer Advenir.
CA Affordable Senior Housing Lands $20M Refi
Located 10 miles east of central L.A., the 189-unit Beverly Towers provides housing for tenants 62 and older, with incomes less than 80 percent of median income.
Continental Realty Sells 236-Unit NoVa Community
The Chase Heritage community in Sterling is located in close proximity to Dulles International Airport and Dulles Town Center. CBRE’s Mid-Atlantic team facilitated the transaction.
Lyon Capital Ventures Enters Vegas Market With $46M Buy
The company plans to add a short-term stay hotel and additional units on the adjacent land, as well as renovate some features of the 160-unit Gramercy.
NC Community Receives $24M Refi
Signature Property Group secured the loan to refinance 119 South Apartments, a 264-unit Class A property located in Mebane.
Hunt Mortgage Arranges $10M for FL Acquisition
The firm secured a Freddie Mac loan on behalf of Eric Schifferli for its purchase of Seaside Villas, a 121-unit garden-style community located in Gulfport.
Fully Leased Community Trades in North Dallas
4L Enterprises purchased Gateway Apartments, a 76-unit asset located near several major routes. Greysteel arranged the deal on behalf of the seller.
Climate Change and Multifamily Values: A Warning from Florida
Post-hurricane patterns in Miami and other investor favorites suggest that pricing will suffer as storms increase in frequency and severity.