Finance & Investment

Panama City-Area Community Lands $5M Refi

Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.

Market Rate

Demmon Partners Snaps up Sacramento Apartments for $33M

The California community, called 16 Powerhouse, includes 50 units, a lounge area, a barbecue and a pet washing station.

Finance & Investment

Berkeley Point Capital Provides $59M Fannie Mae Refi

Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated the debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.

Market Rate

Regions

Change City

Boston-Area Asset Receives $29M Loan

Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
Boston 20 April 2018 14:03
Miami Luxury Development Receives $58M Loan

Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twelve2 is slated for delivery in mid-2019.
Miami 20 April 2018 14:00
Blue Magma Acquires 3 Atlanta-Area Properties

The company, together with Rosdev Group, secured the 918-unit portfolio for $44.4 million and plans to renovate the communities.
Atlanta 19 April 2018 18:23
Carroll Organization, PGIM Real Estate Acquire 4-Property Portfolio in FL

The portfolio includes the 292-unit Bella Vista at Boca Del Mar in Boca Raton; 466-unit Centro at Davie; and 466-unit Savannah Lakes and 264-unit Stonybrook Apartments, both in Boynton Beach.
South 19 April 2018 14:39
AZ Senior Community Receives $17M Freddie Mac Refi

Built in 2016, the Phoenix-area American Orchards community offers 38 assisted-living and 35 memory-care units in two separate buildings.
Phoenix 19 April 2018 14:35
HFF Secures $34M Loan for Denver Asset

Managing Director Josh Simon and Director Kristian Lichtenfels worked on behalf of the borrower to arrange the seven-year loan secured through Freddie Mac’s CME program.
Denver 18 April 2018 17:21
As Interest Rates Rise, Where Do Valuations and Transaction Volumes Go?

Despite increasing capital costs, investment activity remains strong and growing in some secondary and tertiary markets, as investors reach further outside their traditional comfort zones to secure yield.
National 18 April 2018 16:11