Finance & Investment
Winn Cos. Secures Funds for $137M Affordable Asset Revamp
Renovations should wrap up by the fall of 2025..
Carmel Partners Closes $1.6B Fund
A wide array of U.S. and international investors piled into the oversubscribed vehicle.
Student Housing Shone in Q1 2023
Preleasing and rent growth reached new historic highs in the first months of the year, according to Yardi Matrix.
Former Illegal Hotel in New York to Undergo SRO Renovation
Chase and varied city institutions are providing financing, with Citizens Bank investing tax equity.
Weiss Lands $54M Refi for Chicago-Area Community
Draper and Kramer Inc. arranged the loan for the luxury property.
PEF Advisors Buys Affordable Senior Community
The new owner will invest $1.2 million to upgrade the asset.
Trailbreak Partners JV Refinances Denver-Area Luxury Property
In 2020, the asset became subject to a $42.5 million construction loan.
Bela Flor Lands $24M Equity for Phoenix-Area Luxury Asset
The property is also subject to $36.1 million in debt financing.
JV Secures $77M in Financing for NYC Property
Deutsche Bank Wealth Management is providing acquisition debt for the purchase of the luxury Midtown asset.
Silver Star Properties Shifts Focus to Self Storage
The company, which will focus primarily on self storage, is aiming to go public.