Business Specialties
Demmon Partners Snaps Up Sacramento Asset for $33M
Walker & Dunlop provided nearly $15.9 million in Fannie Mae financing for the acquisition of the five-story community, which comprises 50 one- and two- bedroom units.
Berkeley Point Capital Provides $59M Fannie Mae Refi
Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.
Luxury Waterfront Community Opens in East Boston
The 25 percent pre-leased Boston East community, developed by Trinity Financial and East Boston Community Development Corp., features 200 luxury apartments and includes a community art gallery.
Feldman Equities, Two Roads Unveil Plans for $350M Tampa Tower
Riverwalk Place will be the tallest tower in the area and will include luxury condominiums, offices and restaurants.
Portside Partners Ventura Harbor Develops CA Coastal Community
When complete, the Ventura property will include 270 apartments, 30 live-work units, a 104-boat-slip marina and 21,000 square feet of retail space.
Boston-Area Asset Receives $29M Loan
Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
Miami Luxury Development Receives $58M Loan
Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twenty2 is slated for delivery in mid-2019.
JPI Continues Dallas Investment
The company broke ground on a 409-unit luxury community, which will comprise approximately 300,000 square feet of office space and 22,000 square feet of retail.
Wood Partners Opens LA Community
The 280-unit Fifty Five Fifty broke ground in late 2015, and the property offers a mix of affordable and market-rate apartments.
Downtown Phoenix’s 2nd Tallest Residential Tower Underway
Parallel Capital Partners sold a one-acre parcel within Arizona Center to North American Development Group. The company intends to build there a $100 million, 30-story tower.