Deals
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.
Mission Rock Tapped to Manage Oregon Property
Courtyards at Cedar Hills Apartments is located in Beaverton, Ore., 7 miles west of Portland.
Terra JV Lands $345M Construction Loan for Miami Community
The 48-story property is expected to be Miami Beach’s tallest building when completed in 2023.
Focus Healthcare Partners Acquires Senior Portfolio for $165M
Walker & Dunlop arranged the sale of four properties and arranged three Freddie Mac loans for the buyer.
DASMEN Residential Buys Florida Portfolio for $101M
The five communities in Orlando and Tampa total 1,011 units.