Deals
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.
Four Mile Capital Makes 1st Kentucky Foray
The company acquired a 141-unit townhome community in Louisville, financing the acquisition with a nearly $15 million Freddie Mac loan.
Berkadia Secures Acquisition Financing for Texas Community
The 192-unit Element at University Park will undergo a series of improvements under new ownership.