Business Specialties
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
JAG Begins Construction on Luxury Waterfront Project in Orlando
In partnership with Mid-America Apartments, the company broke ground on Jefferson Sand Lake, located in the Dr. Phillips neighborhood.
Morgan Properties Buys Pittsburgh Apartments for $29M
CBRE Capital Markets provided more than $20 million in acquisition financing through Freddie Mac.
Charleston Opportunity Zone Project Lands $128M in Financing
Woodfield Investments and Argosy Real Estate Partners received a $100.6 million senior loan for a 380-unit development. Phillips Realty Capital also structured equity investment funding for the project.
Lion Real Estate Spends $49M in Suburban Nashville
The 350-unit value-add investment marks the company’s third multifamily buy in the metro in the past 12 months.
Senior Community Opens Near Philadelphia
Capitol Seniors Housing developed the $28.4 million assisted living and memory care facility in Mount Laurel, N.J.
Dougherty Mortgage Closes $54M Construction Loan
The financing will be used for the development of Sundance at Settler’s Ridge, a project in Woodbury, Minn.
Hamilton Zanze Continues Buying Streak
The firm’s latest purchase includes two properties in Columbia, Md., both of which will undergo capital improvements.