Deals
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.
TODAY’S DEALS: Alliance Residential JV Completes $160M Apartment Acquisition
JLL arranges a 549-unit sale in Coronado, Calif.; Capstone Real Estate Services lands a 10-property management gig; and Grandbridge finances a $27.8 million construction/permanent loan for the development of a seniors housing property.
TODAY’S DEALS: Cassidy Turley Arranges JBG’s $222M Sale of Newly Constructed Multifamily Properties
Cassidy Turley announced that it represented The JBG Cos. in the sale of the newly completed Sedona and Slate, located in Arlington, Va.; Cushman & Wakefield arranges the sale of 163 condos in Florida; and Arc Capital acquires a 139-unit apartment community in Austin.