Business Specialties
USAA Provides Acquisition Financing for Brooklyn Condos
A joint venture between Meadow Partners and Slate Property Group sold the 183-unit building.
Shorewood, Bridge Investment Secure $88M Construction Loan
East West Bank and a syndicate of lenders provided the financing for an opportunity zone project in Queens.
Wingspan, ICM Form JV for Chicago-Area Development
The partnership will fund a 284-unit project in Plainfield, Ill., branded as Sixteen|30.
Jefferson Apartment Group to Manage Washington-Area Community
Combined Properties develops the 400-unit property, part of a mixed-use project.
TriBridge Secures $42M Nashville Community Refi
The 255-unit community’s new Fannie Mae note retires $30 million in development financing from Cadence Bank.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
Minneapolis Community Receives $28M Refi
JLL provided a 10-year, fixed-rate Fannie Mae loan for the 456-unit The Cliffs at Minnetonka.
LCOR Starts Work on Suburban Philly Community
The project, scheduled for completion in the early fall of 2022, will bring 304 upscale units to the borough of Conshohocken, Pa.
Ivanhoé, Greystar, Bouwinvest Form $1.1B Venture
The global REITs are targeting the student housing and young professional rental market in the greater Paris region.
How Family-Friendly Apartments Bridge the Gap
A new report from the Urban Land Institute tackles the big mismatch between families and rental housing.