Deals
PGIM Real Estate Closes $460M Senior Housing Loan
The financing covers a portfolio deal of more than 1,500 units, including three properties in Seattle.
Transactions: October 2020
A short list of recent major investment sales and financings from coast to coast.
Nuveen Enters Single-Family Rental Market
The global asset management firm will invest up to $400 million in the new Sparrow platform, which will acquire homes across the Sun Belt.
Jacksonville Community Trades in Value-Add Play
Creative Realty Partners sold the 216-unit suburban property after three years of ownership.
Portland-Area Apartments Sell for $48M
RISE Properties Trust acquired the 178-unit community in the metro’s western suburbs on the heels of several deals in the region earlier this year.
Cypress Real Estate Advisors JV Lands $67M Loan for Denver Development
Pacific Western Bank provided the construction financing for The Cameron, a 361-unit luxury project.
Newcomer Willowood Group Boosts Dallas Portfolio
Founded in late 2019, the multifamily investment firm has acquired some 650 units in the city so far.
Benedict Canyon Sells Phoenix-Area Property for $15M
NorthMarq provided Freddie Mac financing for the acquisition of the 116-unit Glendale community.
Sovereign Properties Lands $49M Refi for Texas Apartments
Asia Capital Real Estate provided the loan for the 306-unit Millennium at Hometown in North Richland Hills.
Bell Partners to Manage 8 More Communities
The company will operate Signature Property Group’s existing apartments in North Carolina along with its future developments.