Deals
MHN Interview: John Isakson, Preferred Apartment Communities
MHN talks to John Isakson, chief capital officer at Preferred Apartment Communities, about the company and multifamily issues that legislators should be aware of.
TODAY’S DEALS: Walker & Dunlop Arranges $43.5M for New Orleans Acquisition
Walker & Dunlop provides $43.5 million for a New Orleans acquisition; Apartment REIT Home Properties acquires 252 units; and Johnson Capital arranges $5.4M loan for purchase of affordable apartment community.
TODAY’S DEALS: NGKF Completes $30M Sale of Flushing Redevelopment Site
A NGKF sale paves the way for a mixed-use development; Spirit Bascom Ventures acquires its second N.Y. property in a $33.1 million transaction; and Centerline closes $28.3 million in Fannie Mae financing for a multi-property deal in the Southeast.
TODAY’S DEALS: Carroll Organization Acquires 298 Units in Orlando
Carroll Organization completes a $36.6 million buy; Kennedy Wilson expands with $160 million in West Coast acquisitions; and Walker & Dunlop arranges $43.5 million acquisition financing with interest-only terms.
TODAY’S DEALS: Berkeley Point Capital Arranges $63M for Texas Apartment Acquisitions
Berkeley Point Capital arranges financing for the Steadfast acquisitions; IPA brokers a $47 million sale in Los Angeles; and BMC Capital provides a $1.29 million cash-out refinance loan.
TODAY’S DEALS: Brookline Buys Oregon Apartments from Matteson Cos.
ARA brokers a sale outside of Portland, Ore.; Canyon Capital Realty and Bank of America invest in a Maryland TOD development; and CBRE/New England brokers the AEW sale of a property to AvalonBay.
TODAY’S DEALS: Harbor Group International Sells Nashville Community
HGI completes a $57 million sale; Home Properties acquires a Nashville apartment; and NorthMarq negotiates a $4.7 million refinancing loan from a life company.
TODAY’S DEALS: MCS Capital Acquires 1,720-Bed Student Housing Asset
A joint venture sells a student housing asset serving Virginia Tech; URS Capital Partners completes its first apartment acquisition in Florida; and Johnson Capital’s Denver office arranges a $6 million loan.
TODAY’S DEALS: Harmony, Spy Rock Sell Luxury Apartment in Virginia
ARA brokers a luxury Virginia sale; CBRE/New England arranges a $25.6 million disposition in Massachusetts; and NorthMarq Capital arranges a $22.5 million interest-only Freddie Mac loan for the acquisition of an apartment property.
TODAY’S DEALS: Campus Advantage Buys 850-Bed Student Housing Asset in Georgia
HFF arranges the sale of a newly built student housing property; Federal Capital Partners provides $10 million for a high-rise student housing asset in North Carolina; and Johnson Capital arranges a $6 million takeout loan for a newly constructed property.