Deals
Shorewood, Bridge Investment Secure $88M Construction Loan
East West Bank and a syndicate of lenders provided the financing for an opportunity zone project in Queens.
Wingspan, ICM Form JV for Chicago-Area Development
The partnership will fund a 284-unit project in Plainfield, Ill., branded as Sixteen|30.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
West Shore Purchases 249-Unit Florida Community
Isla Antigua in St. Augustine marks the company’s 13th acquisition in Florida.
American Landmark Expands GA Portfolio
The new owner plans to rebrand the community and undertake a $2.4 million improvement program.
Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
Orion Enters Utah Market With Provo Purchase
The company intends to invest more than $1 million in upgrades at the 115-unit community in Provo.
CBRE Brokers Sale of East Phoenix Community
Jeff Seaman, Brian Smuckler, Derek Smigiel and Bryson Fricke negotiated on behalf of both parties.
Sherman Residential Buys Upscale Charlotte Community
Faison & Associates developed the 64-unit property in the city’s Myers Park neighborhood.
3650 REIT Arranges Loan for Los Angeles OZ Project
Hollywood Backlot Homes is a 10-acre manufactured home community in North Hollywood.