Cities

RISE Properties JV Pays $67M for Seattle Community

The buyer of the 185-unit multifamily asset assumed a $35 million loan which Cigna had originated in 2017.

Greysteel Closes Richmond Affordable Asset Sale

Henry Mathies and Fletcher Hultman assisted the seller and secured the buyer of the 80-unit property.

Walker & Dunlop Arranges $25M for 2 Senior Housing Communities

Senior Managing Director Joshua Rosen led the origination team which provided HUD financing for the Manchester, Ky., and Aurora, Ill., properties.

Seattle Passive House Project Earns Landmark Certification

Pax Futura consumes up to 80 percent less energy compared with conventionally built projects.

Pennybacker Capital Spends $42M in Phoenix

JLL provided nearly $32 million in acquisition financing for the 302-unit property through Freddie Mac.

Jacksonville, Orlando Communities Trade for $72M

JLL provided more than $52 million in Freddie Mac acquisition financing for the 544-unit portfolio.

DC Affordable Community Achieves LEED Gold

WC Smith delivered the 58-unit Anacostia property late last year, following 15 months of construction.

Affordable Staten Island Assets Land $12M Loan

Pembrook Capital Management provided the financing for the acquisition and renovation of two rent-controlled communities.

Jacksonville Multifamily Report – Summer 2020

The metro’s average rent slid 30 basis points in three months, underperforming against the U.S. average.

JVM Realty Acquires St. Louis Community

The purchase of Ceylon Apartments marks the firm’s first in the metro and expands its Midwestern portfolio.