Deals
KeyBank Originates $20M Loan for Affordable Central Texas Community
The debt finances the acquisition and tenant-in-place renovation of the 160-unit Wayman Manor in Temple.
CIM Group Picks Up 939-Unit Community in Northern Virginia
The two-tower multifamily property in Falls Church, Va., was built in 1971 and sits in an Opportunity Zone.
Redwood Capital Pays $91M for Suburban Chicago Property
Completed in 2018, the 236-unit luxury community is within walking distance of Deer Park Town Center.
Downtown Chicago Tower Changes Hands
Marquee at Block 37 will be owned on a 50:50 basis by Morguard Corp. and Morguard North American Residential REIT.
Hunt Arranges Refi for Trio of Historic Buildings in Detroit
The company provided a 10-year, fixed-rate Fannie Mae conventional loan for Hibbard Tower, Kean Building and Trombley Lodge.
EBSCO Income Properties Pays $53M for Newly Built Community
The acquisition of the 229-unit property was financed through a Freddie Mac loan originated by Hunt Real Estate Capital.
Fairstead Kicks Off Investment Platform with Portfolio Buy
The firm’s new investment vehicle is aimed at affordable housing properties across the U.S.
Miami Community Scores $142M Financing
Aztec Group arranged the loan for Art Plaza, Melo Group’s new downtown property.
Starwood REIT Buys North Carolina Property for $111M
Exchange on Erwin features 265 multifamily units and 96,949 rentable square feet of commercial space.
MG Properties Expands Nevada Portfolio
The firm paid nearly $54 million for Marina Village Apartments located in Sparks, Nev.