Finance & Investment
HASTA Capital Acquires Baltimore High-Rise
The Zenith features 191 apartments as well as 6,340 square feet of ground-floor retail.
Hillpointe Closes Workforce Housing Fund at $110M
The sponsor will develop eight projects, creating some 2,400 units.
CMBS’s Cautious Comeback
Market chaos has quieted sufficiently for lenders to reenter the securitization game—with a few new rules.
Transactions: March 2021
A short list of recent major investment sales and financings from coast to coast.
Affordable Northern Virginia Property Scores $67M Refi
The community is 30 miles outside of Washington, D.C., and close to several major employers.
Panoramic Interests Secures $104M Refi for San Francisco Property
JLL arranged the loan for a micro-unit community in the Western Mission/SOMA neighborhood.
Harbor Group International Acquires Portfolio for $306M
The communities comprise more than 2,300 units in North Carolina and Virginia.
Crystal View Capital Sells Louisville Mobile Home Community For $15M
The new owner assumed the outstanding balance of a $4.3 million Fannie Mae loan.
Extell Development JV Lands $146M Refi for Manhattan Condo Tower
GTIS Partners originated the inventory loan for The Kent, a 104-unit property on the Upper East Side.
Bluestone, Brentwood Pay $75M for Virginia Senior Housing
The new owners will implement a multimillion dollar capital improvement plan on the 950-unit property in Richmond.