Cincinnati
Lument Originates $17M Refi for Cincinnati Asset
The Fannie Mae mortgage retires acquisition financing for the 1996-built community.
Top 10 Multifamily Projects Under Construction in Ohio
A list of Ohio’s largest properties currently under construction, based on Yardi Matrix data as of September.
City Club Secures $69M Refi for Cincinnati Mixed-Use Property
Asia Capital Real Estate provided the loan for the 294-unit building that formerly served as office space.
Top 5 Markets for Multifamily Development in Ohio
As of May, nearly 18,000 units were underway in the Buckeye State, based on Yardi Matrix data.
Pennrose Moves Forward with 2 Ohio Projects
The Ohio Housing Finance Agency has provided housing tax credits to develop affordable housing in Cincinnati and Cleveland.
Cincinnati Senior Housing Project Gets $24M
The 82-unit senior community will offer assisted living, memory care and rehabilitation services. The development is slated for completion in early 2021, at the latest.
NKF Originates $11M in Refinancing for Cincinnati Asset
Eleven Hundred, a Shamrock Communities property since 2015, was subject to a prior 12-year Fannie Mae loan with SunTrust Bank.
2-State Portfolio Lands $125M Loan
Greystone originated the Fannie Mae financing for the 1,383-unit portfolio across Pennsylvania and Kentucky. As part of the recapitalization effort, Bayshore Properties has taken a 50 percent stake in the assets.
Wallick Secures $49M for Ohio Properties
Merchants Capital arranged the bridge financing for three assisted living properties totaling 363 units in Columbus and Cincinnati, as demand for affordable senior housing grows more acute.
Fully Affordable Portfolio Trades in OH
Independent Management Services purchased Shelton Gardens and Reids Valley View Manor for $4.8 million. The two assets have 254 units combined.