Business Specialties
ASC Secures Loan for Chicago-Area Community
President Igor ZhiZhin originated the $11 million loan for Crestline Villa Apartments in Alsip.
Blackstone to Acquire Anbang’s $2.8B Japan Portfolio
The firm is buying back an apartment portfolio in a deal that would be the biggest ever property transaction in the country.
Labor, Land Costs to Impact Senior Housing Development
According to a recent CBRE report, total costs increased by 6.4 percent in 2019, with labor and land expenditures cited as key factors.
Coastal Ridge JV Buys Newly Completed Atlanta Community
South City Partners developed the 197-unit multifamily asset with a construction loan from Cadence Bank.
Luxury Senior Community Underway Near Los Angeles
The first senior facility in Warner Center will include independent living, assisted living and memory care units.
Seattle Luxury Development Scores Construction Loan
First Interstate Bank provided the financing for the 93-unit project to developer Vibrant Cities.
Cushman & Wakefield to Acquire Pinnacle in Landmark Deal
With a portfolio of almost 170,000 units, Pinnacle is the third-largest multifamily manager in the country.
Blue Ocean Buys Washington, D.C.-Area Community
The River Front Apartments in Savage, Md., will undergo capital improvements by the new owner.
Newmark Knight Frank Arranges Charleston-Area Sale
The brokerage team included Alex Okulski, Sean Wood, John Heimburger, Dean Smith, John Munroe and Jason Kon.
Capstone, Berkadia Arrange $19M Savannah Sale
Alex McDermott, Sean Henry, Bryse Toothaker and Dan McBurney procured the buyer.