Finance & Investment
Southwest Florida Multifamily Project Lands $45M Construction Loan
The 288-unit garden-style community in Port Charlotte is scheduled for delivery in the second half of 2023.
Berkadia Secures $77M Financing for 2 Southeast Properties
The HUD loans will be used to refinance a property in Virginia and construct a community in West Virginia.
Northwood Ravin Lands Refi for Charlotte Community
CBRE arranged the loan for the 823-unit Village at Commonwealth.
Covenant Capital Raises $600M Apartment Fund
The largest vehicle in the firm’s history will be used to acquire as many as 50 value-add properties over the next several years.
Western Wealth Pays $31M for Las Vegas Asset
The transaction marks the company’s second acquisition in the metro.
Lifespace Sells 2 Senior Communities for $42M
The facilities in Urbandale, Iowa, and Lincoln, Neb., add up to 349 units.
ACRES Capital Provides $89M Construction Loan for Houston Community
The 17-story building is scheduled for completion in September 2023.
Civitas Capital Group Buys Luxury Houston Asset
Marcus & Millichap secured a $40 million acquisition loan from KeyBank.
The Ergas Group Sells Urban Dallas Community
Ready Capital provided the acquisition loan for the 179-unit community, while IPA facilitated the sale.
A Close-Up on Texas’ Self Storage Market
Bellomy & Co.’s Bill Bellomy on the current self storage landscape.