Deals
Covenant Capital Pays $25M for Daytona Beach Value-Add Community
CBRE Capital Markets originated a $17.8 million Freddie Mac acquisition loan for the 275-unit multifamily asset.
Finkelstein Timberger Secures $44M Loan for Bronx Portfolio
Black Bear Capital Partners arranged the permanent financing for six properties.
Aeon Expands Minnesota Footprint
The nonprofit purchased the second-largest affordable housing community in the state, preserving 834 low-income units.
Castle Lanterra Sells Austin Apartments
Villas Tech Ridge is situated within a 236-acre master plan community that is home to national tech companies such as IBM, Dell and Samsung.
North Carolina Community Changes Hands
The Class A multifamily property came online in 2019 and includes 5,000 square feet of coworking office space.
698-Unit Southeast Portfolio Changes Hands
Cushman & Wakefield and Avison Young brokered the sale of three communities within two separate transactions.
North Atlanta Community Changes Hands for $33M
As part of the deal, the new owner assumed a $17.8 million loan provided by Prudential Financial in 2014.
Greystone, Rittenhouse Join Forces
The two firms have entered into a joint venture called Greystone Rittenhouse Realty Advisors, will will primarily focus on the Northeast market.
Buchanan Funds $55M Construction Loan in SoCal
Serrano Development Group is building a 163-unit mixed-use residential and retail development in Azusa, Calif.
Miami Community Changes Hands
CBRE arranged the sale of Shorecrest Club Apartments, located at the entrance of the metro’s Upper East Side and MiMo Districts.