Deals
Clearwater Senior Living, Berkshire Form Partnership
Initial equity commitment of the joint venture is expected to generate more than $500 million in gross asset value.
Eastern Consolidated Leads $41M Sale of Queens Community
The 167-unit community is fully occupied and located near major retailers like Apple and Macy’s.
$45M Bridge Loan Earmarked for Tampa Acquisition
Ilan Investments used the financing to purchase a 38-building portfolio for $58 million.
Marcus & Millichap Arranges Sale of Miami Apartments
The 33-unit building changed hands for roughly $1.3 million.
Inland Shells Out $63M for Class A Denver Community
The 244-unit WestLink at Oak Station was completed in 2013.
Berkadia Closes Sale of Viera at Mandarin in Jacksonville
Kansas City, Mo.-based Maxus Realty Trust Inc. acquired the apartment community from Covenant Capital Group for $17.6 million.
HFF Arranges JV Equity for Austin Mixed-Use Development
Gables Residential’s new project is scheduled for completion by early 2019.
Back Bay Boston Apartments Obtain $265M in Financing
The property is notable for its walkability and as a TOD.
Hunt Mortgage Closes Refi for 3 Seattle Communities
The borrowers are Ted and Thomas Lee, local investors.
EdR Acquires Three Student Housing Communities
The newly constructed properties are located within walking distance of their respective campuses and provide a wide array of amenities.