Deals
SL Green Sells Interest in 2 Manhattan Communities
The REIT will use the proceeds for developments and its share repurchase program.
Baltimore-Area Asset Lands $27M HUD Refi
The second phase of the 389-unit community came online shortly after the first.
Spaxel Pays $45M for Atlanta Workforce Housing
Avison Young secured an equity partner for the purchase of the 266-unit property in Marietta, Ga.
OKO Group, Cain International Secure $128M Loan for Miami Tower
The nearly sold-out waterfront building features 135 luxury residences.
Blackstone Buys North Dallas Asset
Completed in 2016, Crest at Park Central is less than 12 miles from the metro’s downtown.
WNC Raises $176M for Institutional LIHTC Fund
The capital will be used for more than 2,000 affordable housing units spread throughout 32 communities.
Tower 16 Sells 3 Las Vegas Properties for $182M
The firm had acquired the 1,165-unit portfolio in three separate deals.
Standard Communities Enters New Jersey With Atlantic City Buy
With a total capitalization of $38 million, the deal extends the senior housing community’s affordability for another three decades.
Shopoff Realty Investments Buys Illinois MHC Portfolio
Totaling 611 lots, this is the company’s second manufactured housing acquisition in recent years.
Inland Empire Community Commands $88M
MG Properties Group financed the acquisition with a $57.2 million loan originated by CBRE Capital Markets.