Finance & Investment
Carmel Partners Buys $43M Stake in Boston Luxury Asset
The property is subject to a $250 million construction loan from Pacific Life Insurance Co.
Clear Sky Capital Lands $18M for Phoenix Project
Enterprise Bank & Trust provided the construction debt.
University Partners Buys $68M Georgia Student Community
State Street Bank and Trust Co. provided a $39 million acquisition loan.
NAS Investment Solutions Buys Iowa Community
Hubbell Realty developed the 2015-completed property.
Denver Asset Changes Hands for $52M
The property previously traded in 2015 for some $31 million.
Tower 16 Capital Partners Pays $43M for Reno-Area Asset
The purchase marks the firm’s return to Nevada.
Hunter Point Capital Takes Minority Stake in Pretium
Pretium plans to further expand into developing communities and continue acquisitions of single-family rentals across the U.S.
Douglaston JV Secures Construction Debt for NYC Community
Two city agencies provided $106 million in financing for the project.
Measured Capital Buys Jacksonville Community
This purchase marks the firm’s entry into Florida.
Neal Communities Sells 172-Unit BTR Asset
The Southwest Florida coast continues to be a hotbed for these deals.