Cities
California Community Lands $39M Fannie Mae Green Loan
Fannie Mae originated the funds in August, when Afton Properties acquired the asset from Klingbeil Capital Management.
San Diego High-Rise Welcomes First Residents
Greystar Development will handle management of the 300-unit luxury Palisade at Westfield UTC.
Northern New Jersey Community Sells for $40M
Santander Bank provided $29.4 million in acquisition financing for the purchase of the 123-unit community in Morrisville.
Dougherty Arranges Refi for San Antonio Community
The $14.9 million, 12-year Fannie Mae loan will be used to retire existing debt on the property.
Studio Management Services Acquires Las Vegas Properties
Laurel Park Apartments and Villa Del Rio Apartments sold for a total of $54 million.
KeyBank Arranges $140M Refi for 3 Communities
The multifamily properties totaling 950 units are owned by Keller Investment Properties in Utah and Arizona.
Brooklyn Affordable Community Breaks Ground
Trinity Financial Inc. and the New York City Housing Authority are bringing the 180-unit property to the borough’s Brownsville neighborhood.
Atlanta Multifamily Report – Fall 2019
Atlanta’s business-friendly climate and relatively low cost of living continue to lure companies and residents alike.
3D Investments Trades Las Vegas Community for $19M
The 193-unit garden-style community, built in the 1970s, last changed hands two years ago for $11 million.
Dominium Expands Dallas Presence
Canadian Imperial Bank of Commerce originated a $20.7 million loan for the acquisition of a 200-unit property.