Cities
Twin Cities Multifamily Report – Spring 2020
The Minneapolis-St. Paul rental market could weather the storm better than many coastal metros.
Suburban Nashville Community Grabs $30M Refi
The 10-year loan retires $40 million in existing debt at the 248-unit garden-style property.
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
Decron Properties Expands in California
The company paid $71.5 million for a 188-unit community located in Fremont.
Portland Multifamily Report – Spring 2020
After a healthy first quarter, the market is slated for a slowdown as the health crisis plays out.
UDR Sells Seattle-Area Asset for $50M
Berkadia provided the new owner with a $30.5 million Freddie Mac acquisition loan.
Suburban Minneapolis Apartments Get $21M HUD Refi
Part of the financing will cover capital improvements to Oak Park Village’s 100 fully affordable units.
Domain Communities Refinances Affordable Atlanta Asset
Berkadia provided permanent financing for the 182-unit community for the second time in the last three years.
Toro Real Estate Sells Suburban Jacksonville Community
Arbor Realty Trust provided a $5 million loan for the 82-unit acquisition.
Los Angeles Community Trades for $20M
The 96-unit property sold to a private investor. KW Commercial brokered the deal.