Deals
Northwestern Mutual Sells California Community for $92M
Berkadia represented the seller in its disposition of the 272-unit asset in Ventura County.
East Bay Value-Add Property Trades for $27M
HomeStreet Bank originated more than $17 million in acquisition financing for the 102-unit community.
Wilkinson Sells Georgia Community for $52M
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group represented the seller in the transaction.
Terwilliger Pappas Sells Southwest Charlotte Community for $44M
The newly completed 230-unit Solis Keltonwood at Berewick is roughly 15 miles southeast of downtown.
JV Secures Equity for Seattle Development
Trent Development and Hatteras Sky have partnered for the 274-unit community.
PAC Buys Florida Apartments
Parkside at the Beach in Panama City, Fla., was completed last year and offers 288 units.
Hines to Begin $384M Project in Milan
The global real estate firm intends to build regulated rental apartments in the northern Italian city.
93 Realty Buys Boston-Area Property for $74M
CBRE procured the buyer and represented the seller in its disposition of Waltham Overlook in Waltham, Mass.
Massachusetts Workforce Development Lands Financing
MassHousing provided part of the funds for the 12-unit project underway on the former Northampton State Hospital site.
29th Street Capital Buys South Columbus Community
The buyer financed the purchase with a $23.8 million Freddie Mac loan from Newmark Knight Frank.