Deals
37th Parallel Expands Texas Portfolio
The company acquired three properties in Austin and San Antonio.
Nonprofit Lands Financing for Affordable Community
MassHousing and Rockport Mortgage Corp. provided a permanent loan that will preserve and extend the 60-unit property’s affordability.
Klein Holdings Sells Washington, DC-Area Property for $88M
Transwestern Real Estate Services brokered the sale of the 590-unit community in Hyattsville, Md.
MultiplanREAM Secures Loan for Miami Beach Condo Project
JLL Capital Markets arranged the $58.5 million construction financing to complete 57 Ocean.
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.