Business Specialties
Lincoln Towers Apartments Receives $12.8M Loan
Bernard Financial Group closed on a loan for a 480-unit mid-rise community in Oak Park, Mich., a suburb of Detroit.
Transactions: April 2016
This month’s selection of recent noteworthy multifamily deals.
HFF Arranges the Sale of Upscale Multifamily Property in Suburban Boston
The Melrose, Mass. luxury community was completed in 2015 through the conversion of the historical 1881 Boston Rubber Shoe Company Factory.
Robbins/Electra America Acquires Nearly 1,000 Units in Houston
With the acquisition of Copperfield North, Robbins/Electra America has 60 properties under ownership and management, totaling 18,602 total units.
Walker & Dunlop Closes $9M Loan for 242-Unit Community in Columbus
Walker & Dunlop provided a $9 million Fannie Mae loan to Capital SMART for multifamily community Autumn Springs Apartments.
Hunt Mortgage Group Provides $5M Refinance Loan for Casa Place Apartments in Dallas
St. James Redevelopment Ltd. received a refinance loan from Hunt Mortgage Group to refinance a multifamily community in Dallas.
HFF Lands Financing for Denver Multifamily Community
The brokerage firm secured financing for the construction of a 285-unit multi-housing community in the Mile-High City.
ARA Newmark Hires New Senior Managing Director in Texas
Matt Greer spearheads debt originations, joint venture/equity placement and investor relations in his new position at ARA Newmark.
Passco Sounds the Right Notes with Nashville Acquisition
The 452-unit apartment community, acquired for $51.4 million, is expected to provide quality housing for about half the price per square foot of the downtown market.
Vitus Group Acquires Miami Beach Senior Housing
The 15-story community provides 210 units of affordable housing for seniors.