Cities
Raleigh-Durham Multifamily Wrap-Up – April 2020
RST Development pays $66 million for Durham asset. DeWitt Carolinas grabs construction financing. Here is our April selection of Raleigh-Durham must-knows.
New York Extends Eviction Moratorium
Governor Cuomo announced the state would also ban late fees and missed-payment fees during the moratorium period.
San Francisco Affordable Building Achieves LEED Platinum
BRIDGE Housing developed the 72-unit property as part of the HOPE SF Potrero Hill Master Plan.
RiseBoro Sells Brooklyn Skilled Nursing Facility for $59M
The 240-bed Buena Vida Continuing Care and Rehabilitation Center provides long-term care and short-term rehabilitation.
37th Parallel Expands Texas Portfolio
The company acquired three properties in Austin and San Antonio.
Advenir Scores $37M Refi for East Orlando Asset
The Freddie Mac financing will retire existing $28.9 million debt at the 308-unit community.
Nonprofit Lands Financing for Affordable Community
MassHousing and Rockport Mortgage Corp. provided a permanent loan that will preserve and extend the 60-unit property’s affordability.
Klein Holdings Sells Washington, DC-Area Property for $88M
Transwestern Real Estate Services brokered the sale of the 590-unit community in Hyattsville, Md.
MultiplanREAM Secures Loan for Miami Beach Condo Project
JLL Capital Markets arranged the $58.5 million construction financing to complete 57 Ocean.
Northwestern Mutual Sells California Community for $92M
Berkadia represented the seller in its disposition of the 272-unit asset in Ventura County.