Deals
Transactions: March 2021
A short list of recent major investment sales and financings from coast to coast.
Affordable Northern Virginia Property Scores $67M Refi
The community is 30 miles outside of Washington, D.C., and close to several major employers.
Panoramic Interests Secures $104M Refi for San Francisco Property
JLL arranged the loan for a micro-unit community in the Western Mission/SOMA neighborhood.
Harbor Group International Acquires Portfolio for $306M
The communities comprise more than 2,300 units in North Carolina and Virginia.
Crystal View Capital Sells Louisville Mobile Home Community For $15M
The new owner assumed the outstanding balance of a $4.3 million Fannie Mae loan.
Common Adds 396 Units to Philadelphia Footprint
The company will operate both co-living and traditional units at communities located in the Fishtown, Southwest Center City and Fairmount neighborhoods.
Extell Development JV Lands $146M Refi for Manhattan Condo Tower
GTIS Partners originated the inventory loan for The Kent, a 104-unit property on the Upper East Side.
Bluestone, Brentwood Pay $75M for Virginia Senior Housing
The new owners will implement a multimillion dollar capital improvement plan on the 950-unit property in Richmond.
LCOR Secures $135M Refi for Virginia Community
The property is located across from Amazon’s HQ2 development in the Crystal City neighborhood of Arlington.
Morgan Properties, Olayan America Make $1.75B Portfolio Buy
The deal gives the longtime partners multifamily properties in 11 states, including new markets such as Florida and Texas.