Finance & Investment

New Sunset Boulevard Condos Secure $21M Construction Loan

A joint venture obtained the financing for a new-construction condo project in the Silver Lake neighborhood of Los Angeles.

Condo

Naples Community Changes Hands for $67M

The seller completed a series of improvements during its ownership, including the renovation of the clubhouse and the creation of a private fitness studio.

Slideshow

Chicago Student Housing Tower Changes Hands

University Center Chicago, acquired by AXA Investment Managers - Real Assets and Blue Vista Capital Management, totals 1,732 beds and is proximate to 22 universities.

Student Housing

Regions

Change City

Advenir Scores $52M for FL Luxury Apartments

Berkadia arranged Freddie Mac financing for the purchase of Aventine at Naples, a 350-unit luxury community that is currently 89 percent occupied.
Miami 25 July 2017 15:15
Meridian Secures $22M in Financing for Luxury Development

Avery Place at Pompano will be an eight-story, Class A community with 145 luxury rental units and workplace studios ranging between 800 and 1,200 square feet.
Miami 25 July 2017 13:06
CLP Makes First Foray into Southern FL

For its first acquisition in Palm Beach County, the privately held New York-based real estate firm chose Loftin Place, a Class A, mid-rise community completed in late 2015.
Miami 24 July 2017 13:47
Luxury Condos Break Ground in Boston Area

A joint venture of Callahan Construction Managers, A.W. Perry and Boston Andes Capital will build Brio, a 77-unit waterfront property in Hingham, Mass.
Boston 24 July 2017 13:30
Greystone Secures Largest HUD Loan for Skilled Nursing Facility

The $78.4 million refinancing for the 510-bed property in Brooklyn, N.Y., follows a $20 million capital improvement plan implemented by Centers Health Care.
New York 24 July 2017 13:17
Dougherty Secures $7M Acquisition Loan

On behalf of a private investor, Dougherty arranged the financing for the purchase of a 152-unit Garland, Texas, market-rate community. The 12-year term, three-year interest-only Fannie Mae loan has a 30-year amortization schedule.
Dallas 24 July 2017 13:10
JLL-Backed REIT Pays $75M in Portland

The company has acquired Jory Trail at the Grove, a 324-unit apartment community in Wilsonville. The property is currently 95 percent leased.
Portland 24 July 2017 08:17