Finance & Investment
Landlords Turn to Software, Services for ERAP Distribution
State and local governments seek various solutions to manage and administer the multi-billion dollar federal rental assistance program.
Terra JV Lands $345M Construction Loan for Miami Community
The 48-story property is expected to be Miami Beach’s tallest building when completed in 2023.
Focus Healthcare Partners Acquires Senior Portfolio for $165M
Walker & Dunlop arranged the sale of four properties and arranged three Freddie Mac loans for the buyer.
DASMEN Residential Buys Florida Portfolio for $101M
The five communities in Orlando and Tampa total 1,011 units.
Tricon, Canada Pension Plan to Invest in Toronto Apartments
The joint venture is expected to develop as many as 3,000 units of multifamily housing in Toronto valued at $1.1 billion.
Great Gulf Forms $200M SFR Partnership
The partners currently have three single-family home projects totaling 500 units underway.
Fairfield Properties Pays $33M for Long Island Senior Asset
The 50-unit luxury property catering to seniors 55 and over traded for a record price.
EDEN Multifamily Breaks Ground on Florida Project
Trez Capital has provided a $44.1 million construction loan to develop the property in Port Orange.
Namdar Group Lands $120M Loan for Jersey City Development
The project will be constructed in the Journal Square district, benefiting from nearby access to two commuter rail stations.
Nonprofit Lands Financing for Missouri’s Largest Affordable Housing Community
The owner will implement a $30 million renovation plan at the 745-unit property in Independence.