Deals
Miami Senior Housing Project Lands $42M Loan
BHI Healthcare Group secured two notes to finance the 201-unit luxury development in Richmond Heights.
Public Storage to Acquire $1.8B Mid-Atlantic Portfolio
The 48 properties are located in submarkets with strong demand across Washington, D.C., Virginia and Maryland.
Bell Partners Forms $800M Multifamily Venture
With leverage, the venture expects to buy more than $1.5 billion of assets in 14 target markets across the U.S.
CVG Pays $38M for Phoenix Multifamily Property
The new owner previously sold The Enclave at Paradise Valley in 2019 for $24 million.
Orange County Student Housing Community Trades for $44M
The Mogharebi Group sold the 10-building property, which comprises a mix of studio, two- and three-bedroom apartments.
Roadside Development Lands $128M Loan for Washington, DC Asset
Dwight Capital originated the financing, which is the largest to date under HUD’s 223(a)(7) multifamily program.
MHC Investment Surge Prompts Brookfield’s $2B Refi
Motivated by the sector’s increasingly robust returns, the firm secured the loan for more than 100 properties.
Midcoast Arranges Sale of 2 South Carolina Storage Facilities
The assets, formerly operating as StorNGo, are located in Elgin and Blythewood.
BLT Sells Connecticut Community for $73M
This marks the second-largest multifamily sale in Stamford so far this year.
Trion Properties, PCCP Acquire 2 Colorado Springs Communities
The portfolio totaling 406 units was purchased for $80 million.