Deals
Timberland Acquires Four Properties Totaling 818 Units
Minneapolis-based Timberland Partners acquires a quartet of geographically diverse multifamily properties in December.
TODAY’S DEALS: KeyBank Provides $27.9M for N.C. Community
KeyBank closes $27.9 million for a community in North Carolina; Lee & Associates completes a $3 million sale in Studio City, Calif.; and NorthMarq secures a $13 million CMBS loan.
American Realty Capital Acquires Seniors Housing Asset for $71.3M
American Realty Capital has acquired a Class A seniors housing asset located in Katy, Texas, via an HFF-brokered transaction.
TODAY’S DEALS: RADCO Completes an Oklahoma Apartment Acquisition
The RADCO Companies acquires a 284-unit asset in Tulsa, Okla.; Centerline refinances four properties in Ohio; and Beech Street Capital closes a $5.9 million refinance for an apartment in Tulsa, Okla.
Carroll Organization Acquires Jacksonville Luxury Apartment Property
Carroll Organization is bullish on Jacksonville, Fla., and gives MHN details on its third acquisition in the city since the beginning of 2013.
Capri Acquires Stamford Luxury Residential Building for $135M
Capri Capital Partners makes a big statement in Stamford, Conn., with the $135 million acquisition of 101 Park Place at Harbor Point.
TODAY’S DEALS: CBRE/New England Provides $36M for Massachusetts Acquisition
CBRE/New England provides acquisition financing for a $60 million purchase in Malden, Mass.; TGM Associates sells two assets in Kentucky; and NAI Tampa closes on a portfolio of Class A condo properties for $54.5 million.
TODAY’S DEALS: Altman Development Completes $46.8M Disposition
ARA brokers a 360-unit sale in Raleigh, N.C.; NorthMarq arranges a $22.4 million mortgage for a high-rise; and Centerline Capital Group provides $18.8 million for an affordable development in Austin.
TODAY’S DEALS: Lee & Associates Completes $7.2M Sale in Glendora, Calif.
Lee & Associates completes a 27-unit sale; Summit Healthcare REIT Inc. completes its first purchase since changing names; and Meridian Capital Group arranges mortgages in Brooklyn and Queens.
TODAY’S DEALS: Kislak Completes $14.8M Sale of Foreclosed Apartments by Insurance Co. Affiliate
The Kislak Company Inc. brokers a $14.8 million distressed sale; and Marcus & Millichap completes a $1.9 million sale in Norfolk, Va.