Business Specialties
Lument Provides $22M for Affordable El Paso Community
The city’s public housing authority will use the loan proceeds to continue renovation work started in October.
Greystar Buys Suburban Nashville Apartments for $127M
Newmark provided the buyer with an $83.3 million Fannie Mae loan for the 598-unit purchase.
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.
Minneapolis Residential Project Lands $22M Loan
The upcoming 128-unit property will be among the first projects to rise in one of the city’s Opportunity Zones.
Vazza Real Estate Buys Kansas City-Area Affordable Asset
Walker & Dunlop provided $14.1 million in acquisition financing for the 161-unit property in Olathe, Kan.
Jacksonville Community Changes Hands for $97M
Laramar Group acquired the 108-building property in the fast-growing city from CARROLL Organization.
Campus Life & Style to Manage Student Housing Portfolio
The five properties total 3,436 beds and are located in Kentucky, Georgia, Indiana and Virginia.
Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.