Deals
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.
Toro Real Estate Sells Suburban Jacksonville Community
Arbor Realty Trust provided a $5 million loan for the 82-unit acquisition.
Los Angeles Community Trades for $20M
The 96-unit property sold to a private investor. KW Commercial brokered the deal.
CBRE Closes Northwest Los Angeles Multifamily Sale
First Vice President Melinda Russell represented both the buyer and seller in the trade of the 20-unit Studio City property.
Oakmont Properties Buys Denver-Area Community for $90M
CBRE represented both parties in the sale of Fusion 355 in Broomfield, Colo.