Finance & Investment
Maverick Originates $10M Construction Loan for MHC Project
The financing funded nearly 70 percent of total construction costs for an upcoming 217-site mobile home community near Seattle.
Southern Minnesota Affordable Community Sells for $13M
The buyer financed the 144-unit acquisition with a $10.1 million Fannie Mae loan.
StoneBridge Investments Acquires Maryland Apartments
CBRE represented the seller in the deal and arranged financing on behalf of the new owner.
Kennedy Wilson Invests in Montana OZ Project
The commitment gives the firm majority ownership of a 268-unit development in Bozeman.
SMA Equities Lands $56M Construction Loan for NYC High-Rise
Located in an affluent Manhattan residential area, the project is set to include 28 affordable housing units, with the remaining 80 apartments targeting market-rate renters.
MG Properties Expands in Inland Empire With $138M Buy
The company added the 319-unit property in Rancho Cucamonga to its Southern California portfolio.
The GSH Group Pays $63M for Suburban Orlando Asset
The new owner plans to invest roughly $4 million in capital renovations.
How WashREIT is Targeting BREEAM Certification: Q&A
Company CFO Steven Riffee details the company’s new sustainability initiative.
Top 5 Northeast Markets for Multifamily Transactions
Investment volume in the region surpassed $3 billion at the end of May, according to Yardi Matrix data.
Orange County Community Lands $255M Refi
Berkadia placed the financing on the property in Newport Beach, Calif., retiring a CMBS loan.