Cities
Top 10 Largest Affordable Communities Completed in Denver
The metro has come a long way in addressing its affordable housing problem, with more than 2,000 units delivered during the last four quarters.
Fortis Property Group Gets $66M for NYC Condos
NKF Capital Markets secured the mezzanine loan for 1 Seaport, a 60-story, 98-unit luxury asset overlooking Manhattan’s East River in the Financial District.
NC Community Lands $39M Refi
Chaucer Creek Capital, Richardson Properties and Kassinger Development Group will use the loan to refinance Audubon Place, a 342-unit property in Arden.
TruAmerica Multifamily Secures 2 Vegas Properties for $77M
The company added 504 units to its portfolio with the acquisition of Crossing at Green Valley and The Retreat.
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.
LIHC to Preserve East Harlem Affordable Community
The firm has funded more than $20 million in capital improvements for Lakeview Apartments, which was constructed in 1974 and comprises four buildings.
JV Acquires Las Vegas Community for $50M
Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.
2 Vegas Properties Command $60M
Westland Real Estate Group acquired Liberty Village Apartments and Village Square Apartments, adding 1,129 units to its portfolio.
Walker & Dunlop Taps New Finance SVP
Michael Davis will be responsible for originating multifamily loans through the lending programs of HUD, Fannie Mae and Freddie Mac.
Rivergate KW Residential Expands Into TN
The company will oversee The Residence at Old Hickory Lake, a 116-unit community near Nashville. This marks the fifth property it will manage for Arnold Cos.