Finance & Investment
Steadfast Apartment REIT III Acquires $47M CO Property
Bristol Village is a 13-year-old, 95.8 percent-occupied community that is comprised of 10 three-story buildings with one-, two- and three-bedroom garden-style apartment homes.
Greystone Nabs $42M to Revamp Historic NYC Building
The construction financing will be used to transform the Beaux-Arts building to its original use as a luxury residence.
What Should a Global Investor Expect in 2017?
How Brexit and the new administration will impact international investors interested in U.S. real estate.
Huntington Lends $300M to Columbus Communities
The five-year plan includes targeted outreach to strengthen the city’s Linden and Northland neighborhoods through development and lending commitments.
Grandbridge Lands Financing for Student Housing in Iowa City
The company provided a $43.8 million loan to renovate a market-rate apartment community near University of Iowa.
Affordable Albany Community to Undergo $22M Renovation
The new owner of Thurlow Terrace Apartments plans several upgrades, including replacement of all windows, improvement of each individual unit and exterior landscaping.
MidCap Closes First Mortgage Loan for Student Community Refi
The lender provided a $20 million loan for The Arch, a 252-unit property in Louisville, Ky.
HFF Secures $34M Loan for Georgia Student Housing Community
The company worked on behalf of owner IMS Development to arrange the 10-year, fixed-rate loan through a national bank.
Hunt Mortgage Group Secures Refi for Michigan Community
The 30-year loan includes a five-year interest-only with a 30 year amortization period.
Carroll Organization Buys Suburban Houston Apartments
The Reserve at River Park West is part of the master-planned community of River Park West bordering the Brazos River, which offers nature trails and greenways.