Deals
Coltown Properties Sells Brooklyn Portfolio for $82M
Merchants Bank of Indiana facilitated the 385-unit buy with more than $65 million in acquisition financing.
Monday Properties Breaks Ground on Virginia Development
The firm secured nearly $67 million in financing to begin construction of the 300-unit community in Alexandria, Va.
IPA Arranges Sale of Bay Area Multifamily Portfolio
The firm sold three properties totaling 150 units in Walnut Creek, Calif.
Suburban Atlanta Community Trades for $64M
Walker & Dunlop provided Centennial Holding Co. with more than $44 million in financing for the 348-unit purchase.
Transactions: June 2020
A short list of recent major investment sales and financings from coast to coast.
Walker & Dunlop Arranges Refi for 3 Senior Housing Facilities
The company secured $37 million through HUD’s Lean loan program for properties in Novi, Mich., and Aurora and Kankakee, Ill.
Affordable Housing Investment Closes Iowa Portfolio Deal
Kyle Shoemaker and Dan Piatkowski represented both parties in the sale of two senior housing assets in Waterloo.
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
Decron Properties Expands in California
The company paid $71.5 million for a 188-unit community located in Fremont.
UDR Sells Seattle-Area Asset for $50M
Berkadia provided the new owner with a $30.5 million Freddie Mac acquisition loan.