Business Specialties
Chicago’s Hartman Building Lands $45M Financing
Walker & Dunlop arranged the construction loan through HUD. The funds will go into turning the office building into a multifamily property.
NorthMarq Capital Arranges $20M for St. Louis Community
Hibernia Apartments, a 100-unit property, includes a 16,000-square-foot ground-floor retail space that will be filled by a grocery store.
Phoenix Realty Acquires $28M Tampa Asset
Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.
FL Senior Community Receives $45M Financing
Trez Forman arranged the construction loan for a 309-unit maintenance-free asset in Venice, Fla., dubbed The Floridian Club.
Legacy REI Group to Buy Dallas-Area Community
Dougherty Mortgage teamed up with Old Capital Lending to arrange the acquisition financing of Sierra Point, a 212-unit market-rate community in Irving, Texas.
TX Community Lands Fannie Mae Refi
Dougherty Mortgage arranged the financing for Tribecca Pointe Apartments, a 178-unit property in Hurst, Texas. The 12-year loan has a 30-year amortization schedule.
Morgan Develops Orange County Apartments
Pearl La Floresta, a 204-unit apartment community in Brea, Calif., includes a rooftop sky lounge, a 24-hour cyber café, a resort-style swimming pool, and barbecue grills.
Robson Opens AZ Luxury Community
Noria, a 237-unit property in Chandler that will open in March, includes a resort-style swimming pool and a whirlpool spa.
Quantum Capital Secures $55M for 2 CA Developments
Working on behalf of The Robhana Group, the firm arranged a $16.5 million construction loan for a mixed-use apartment community in downtown Walnut Creek.
Northeast Precast Introduces New Flooring System
Approximately 25 percent lighter than hollow core planks, Prespan eliminates the need for interior structural supports.