Business Specialties
Luxury Senior Community Tops Out in Sarasota
Watercrest Senior Living Group and United Properties broke ground on the 198-unit development in April, with expected completion in the summer of 2020.
Grandbridge Closes $105M Refi
The loans were for four separate multifamily properties in Georgia and Florida.
Arch Cos. Acquires 4-Property Portfolio in the Carolinas
The company purchased communities in Winston-Salem, N.C. and Spartanburg, S.C. for $61 million.
Developers Deliver Dallas-Area High-Rise
The 332-unit luxury community is part of the 242-acre Frisco Station mixed-use development.
Hunt Real Estate Secures $12M for Dallas-Area Buy
The borrower plans to implement energy-efficient upgrades at the 124-unit property in Arlington.
Manhattan Senior Housing Community Lands $69M Refi
Greystone facilitated the deal on behalf of the borrower. The loan replaces a prior Fannie Mae note.
Converted Reno Community Refinances
The Fannie Mae mortgage pays down a construction loan taken in 2017 to transform the 46-year-old former office building.
Tricon JV Pays $210M for Single-Family Rentals
The partnership between the Canadian firm and two large institutional investors snapped up the 708-home portfolio in Nashville, Tenn.
Pensam Makes Preferred Equity Investment in Newark
The 401-unit Forest Hill Towers was purchased for $73 million.
Forest Properties Sells Sarasota Community for $42M
The buyer is planning to undertake a thorough renovation of apartment interiors at the 267-unit property.