Deals
TODAY’S DEALS: Tampa Apartment Community Trades for $32M
IPA completes a 340-unit sale; BankUnited provides $30 million to refinance a property in Queens, N.Y.; and HFF closes a $35 million sale of a development site in Manhattan’s Hudson Yards.
TODAY’S DEALS: WRIT Acquires D.C. Apartment Asset for $48.2M
Washington Real Estate Investment Trust buys a 135-unit apartment community in Arlington; The Community Development Trust will obtain $125 million, the largest allocation under an inaugural federal bond program for funding affordable housing; and Beech Street Capital closes $13.6 million for a Maryland asset.
TODAY’S DEALS: Greystar Sponsors Recapitalization of $440M Portfolio with Ivanhoé Cambridge, Goldman Sachs and Partners
Greystar sponsors the recapitalization of a $440m portfolio; Colliers completes a $57.8 million sale in Arizona; and NorthMarq arranges $13.4 million in construction financing for a student housing asset in Oklahoma.
TODAY’S DEALS: BRE Properties Completes $120.5M Acquisition
BRE buys a 270-unit community in Hollywood; StonebridgeCarras lands $121.6 million in construction financing for a Bethesda development; and HFF secures $52 million in financing for manufactured home community.
TODAY’S DEALS: Capital One Provides Bridge Loan for Rental Conversion
HFF arranges financing for a N.J. community; KB Homes buys a condo development site in San Francisco; and NorthMarq Capital arranges a $32.4 million Freddie Mac loan for a Class A property.
TODAY’S DEALS: RADCO Acquires 982-Unit Apartment in Atlanta
The RADCO Companies completes a $39.6 million distressed acquisition; Trade Street Residential acquires a 208-unit apartment community in Charlotte; and Johnson Capital arranges a $2.86 million acquisition loan.
TODAY’S DEALS: Weinstein Properties Buys into Charlotte with $41.5M Apartment Acquisition
ARA completes a 205-unit sale in Charlotte; The Bascom Group acquires a 336-unit community in Las Vegas; and Thorofare Capital funds a $8.2 million non-recourse loan.
TODAY’S DEALS: Boston Apartment Asset Sells for $53.6M
CBRE/New England brokers a 136-unit sale in Boston; Marcus & Millichap closes a $25.7 million multifamily trade in Harrisburg, Pa.; and C&W brokers a bulk sale of luxury condominiums in Celebration, Fla., by a financial institution.
TODAY’S DEALS: ARA Brokers 583-Unit Sale in Northwest Austin
A Canadian investment firm buys into Austin, Texas; Civitas Capital closes $53.5 million for a joint venture development in Dallas; and Bessen & Assoc. announces a sale near Natural History Museum for a historic price at 3.3 percent cap rate.
TODAY’S DEALS: Griffin-American Acquires 44 Seniors Housing Properties in the U.K.
Griffin-American Healthcare REIT II completes a $472.2 million U.K. portfolio acquisition; Landmark Apartment Trust of America acquires two apartment communities for $37 million; and Washington Property Co. obtains a $75 million permanent loan for new project in Silver Spring, Md.