Business Specialties
RI Property Lands $13M
EagleBridge Capital arranged financing for 95 Lofts, located in the Knowledge District of downtown Providence. The community includes 59 residential units and 2,500 square feet of retail.
Affordable Housing Coming to Portland
The 88,000-square-foot project will include 203 units and nearly 30,000 square feet of ground-floor retail space. The Oregon community is slated to open in 2019.
Atlanta Community Changes Hands for $19M
Berkadia brokered the sale of Azalea Ridge, a 281-unit property, and secured a $14.3 million acquisition loan through Freddie Mac.
Pathway to Living Acquires MI Senior Housing
Elmcroft of Kentwood in Kentwood includes 69 assisted living and 12 memory care units. The company will undertake a capital improvement program that will include upgrading interiors and adding additional spaces to support a wellness-focused lifestyle for residents.
2018 MBA CREF/Multifamily Housing Conference Coverage
Mortgage Bankers Association members convened in San Diego to learn and network at the CREF/Multifamily Housing Convention & Expo. Read our 2018 coverage below.
Hunt Provides $19M for Tucson Property
About 65 percent of residents living at The Ledges at West Campus are students. The community, which provides immediate access to three college campuses, is set to undergo further upgrades.
Fort Lauderdale Asset Secures $85M
A joint venture obtained the construction loan for 4 West Las Olas, a planned 260-unit riverfront rental community in Florida.
JV Acquires $200M AZ Development
Optima and Principal Real Estate Investors have procured phases I and II of Optima Sonoran Village Scottsdale. The partnership plans to develop phase III, which will feature a seven-story tower offering 176 apartment homes.
Campus First Grabs FL Student Community
The recently opened Class A property, located within one mile of University of Florida and numerous retail options, traded for $43.9 million.
Inland Buys Suburban Denver Apartments
Ashford East 88, a 322-unit property in Thornton, Colo., includes an indoor/outdoor swimming pool, a dog park and a playground.