Deals
Dougherty Mortgage Refinances Philadelphia-Area Affordable Asset
The mortgage banking firm provided the 10-year financing in collaboration with LSG Lending Advisors.
North Florida Community Trades for $26M
The Pensacola property is 2 miles from the University of West Florida campus.
Sussex Capital Sells Suburban Los Angeles Community
HomeStreet Bank provided the buyer with a $7.2 million, long-term acquisition loan.
Suburban Seattle Community Trades for $21M
The new owner financed the purchase with a Fannie Mae loan provided by Greystone.
Berkadia Arranges Sale of South Texas Community
Managing Director Kelly Witherspoon and Director Justin Cole assisted the seller in the 240-unit property’s disposition.
Philadelphia-Area Community Lands $77M Refi
Greystone originated the Fannie Mae loan on behalf of the borrower, Lindy Property Management.
Albuquerque Apartment Portfolio Changes Hands
The buyer of the Class C communities’ 420 units assumed the seller’s CMBS financing as part of the deal.
Woodmont Properties Sells New Jersey Community for $44M
The buyer received nearly $33 million in acquisition financing from Kearny Bank.
KBS Sells 453-Unit Salt Lake City Community
Oakmont Properties acquired the luxury property in the face of economic uncertainty that complicated the deal.
Evergreen Grows Affordable Housing Management Portfolio
The firm added 11 communities totaling nearly 1,000 units located in Illinois, Minnesota, Ohio, Pennsylvania and Wisconsin.