Cities
Levin Johnston Arranges Bay Area 1031 Exchange
Adam Levin and Robert Johnston facilitated the sale of an 18-unit community in San Jose, Calif., and the acquisition of a 15-unit asset in San Carlos, Calif.
Berkadia Arranges $26M Virginia Community Sale
The transaction marks the first time the 224-unit Regency at Longhill changed hands.
Seattle-Area Community Scores $23M Refi
NorthMarq secured the Fannie Mae loan for the third phase of the 486-unit property.
Florida Multifamily Asset Changes Hands Amid Challenging Times
The coronavirus pandemic required Broadshore Capital Partners to display creativity in closing its $37.1 million acquisition of a Jacksonville rental property.
Court Strikes Down Part of New York’s Rent Law
In a win for landlords, New York’s Court of Appeals issued a decision centered on rent overcharge claims.
Jefferson Apartment Group Sells Suburban Boston Community for $104M
The 262-unit community was acquired by a Salt Lake City-based REIT.
San Diego Workforce Housing Portfolio Grabs $59M Refi
Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.
Sacramento-Area Community Gets $15M Refi
Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.
Denver Developer Scores $19M Construction Loan
A JLL Capital Markets team arranged the financing for a 111-unit project on behalf of Botnick Realty.
Yes, Residential Showings Are Essential, New York Says
The state changed course on Thursday, announcing that certain in-person activities at residential properties are now allowed to take place.