Deals
Berkeley Point, ARA Newmark Team Up on $212M Portfolio Refi
The firms secured a seven-year, floating-rate loan from Freddie Mac to refinance a nine-property portfolio for their longtime client Steadfast Cos.
Olympus Property Nabs 2 Multifamily Assets in DFW
The assets kicking off Olympus Property’s sixth fund add as many as 773 units to the company’s portfolio.
Dallas Community Lands $15M Refi
Hunt Mortgage Group lined up a Fannie Mae loan facility for the acquisition and rehabilitation of the 436-unit Magnolia Creek community.
Metro Salt Lake City Apartments Sell for $52M
Marcus & Millichap arranged the deal in Utah’s capital city, which has seen considerable population growth since 2010.
Boston Tower Talks Get Underway
Millennium Partners and city officials start hammering out a deal for the site of a proposed $1 billion residential/office high-rise.
Bascom Group Finds Green Pastures in Redlands
An Inland Empire community is the firm’s 37th multifamily buy in just the past 12 months.
Greystone Provides $49M Refi for 2 Senior Housing Communities
The real estate lender provided the Freddie Mac loans for two assisted living and memory care facilities.
Buckingham Cos. Buys Value-Add Asset in Indianapolis
Tikijian Associates brokered the sale of Barrington Estates Apartments, a 144-unit community on the city’s affluent north side.
HFF Secures $16M Construction Loan for Heritage Villas
The Vancouver, Wash. community is scheduled for completion in 2017.
Western Wealth Capital Snags Two Phoenix-Area Communities
The company continues to be bullish on the growing Southwest market.