Deals
JPMorgan Chase Originates $489M Loan for MHC Portfolio Deal
Horizon Land Co. used the financing to acquire 93 manufactured home communities in a transaction valued at more than $740 million.
Top 5 Western Markets for Multifamily Transactions
While volume has yet to fully rebound, buyers continue to seek out stable investment opportunities in the Western region, according to Yardi Matrix.
Thrive Cos. Lands Financing for Ohio Adaptive Reuse
Walker & Dunlop arranged the loans for a mixed-use project being built on the site of a former quarry in Columbus.
Transactions: April 2021
A short list of recent major investment sales and financings from coast to coast.
KeyBank Provides $23M Financing for Pennsylvania Affordable Community
The adaptive reuse project will transform a former school into a 50-unit property catering to seniors 62 and over.
Catalyst, CalCHA Buy 3 California Properties for $525M
The firms will transition market-rate properties into rent-restricted housing serving the “missing middle” of the housing market.
Lincoln Property Co. to Acquire Excelsior Multifamily
This purchase will grow the firm’s management portfolio in the Midwest by nearly 4,500 units.
Fairfield Residential Sells Louisiana Student Housing
The 898-bed community was acquired by a partnership between Halstatt Real Estate Partners and Landmark Properties.
NorthMarq Arranges $73M in Financing for Midwest Portfolio
The three properties total 721 apartments and are located in Nebraska and Iowa.
Watchman Properties Sells Texas Self Storage
The facility last traded in 2017, when the firm acquired it in a portfolio deal that also included 9,400 square feet of retail space.