Finance & Investment
Concord Summit Closes $55M in Financing for Orlando-Area Rental Project
American Momentum Bank holds the construction loan.
DB Capital Expands Salt Lake City Portfolio
This acquisition marks the firm’s fifth community in the market in the past two years.
Brookfield Properties Sells Historic Boston Community
The 305-unit adaptive reuse asset was rehabilitated in 2010.
TruAmerica Acquires 5 Communities
Located in Florida, Ohio and Arizona, the properties total 1,500 units.
Freddie Mac Expects Pace of Growth to Slow in Second Half
The GSE’s Midyear Outlook notes that key fundamentals remain strong despite macroeconomic concerns.
Cobblestone Properties Pays $25M for Southwest Arizona MHC
HARRI5 facilitated the cash sale of Las Quintas Oasis in Yuma.
Olympus Property Buys North Carolina Asset for $42M
The Fayetteville-area property last traded for $21.1 million.
Westport Properties Enters Chicago Self Storage Market
MJ Partners represented the seller, Han Capital Group.
Legacy Partners Lands $92M for Seattle-Area Development
The Bellevue, Wash., property is a joint venture between Legacy and New York Life Real Estate Investors.