Deals
Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
San Diego Community Sells for $70M
CRBE provided $43 million in financing through Cigna for R&V Management’s acquisition of the LEED Platinum-certified property.
Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
PRC Group Lands $87M Loan for New Jersey Workforce Housing Portfolio
Walker & Dunlop has arranged the Fannie Mae financing, which will go towards the renovation of three properties.
Lynd Tapped to Manage Nearly 1,200 Units
The company is looking to bring occupancy rates up at three Houston properties and a Jacksonville, Fla., asset.
Bellwether Enterprise Closes 4 Affordable Housing Loans
The financing totaled $94 million and will help construct and preserve 719 units in Texas and New York City.
Greystar Buys Stake in Thackeray Partners
The multifamily giant is expanding its sizable platform with its investment in the Dallas-based firm.
Inland Real Estate Buys Upscale Jacksonville Community
KeyBank provided a $43 million Fannie Mae note for the purchase of the 350-unit property.
Chandler Residential Makes Virginia Purchase
The 156-unit property in Newport News last traded in 2017 for more than $19 million.
Covenant Capital Lands $45M Refi for Tampa-Area Community
JLL Capital Markets arranged the Freddie Mac loan for the 464-unit property in Lakeland, Fla.