Finance & Investment
Ascott Residence Trust Enters US Market With $95M Student Housing Purchase
The entity’s acquisition of a 525-bed community in Atlanta is expected to be completed by the end of the first quarter.
Sunroad Enterprises Sells Phoenix Community for $47M
FirstBank provided a $30.7 million loan for the acquisition of the 163-unit property in Peoria.
Berkadia Buckles Up for Active Multifamily Market in 2021
Professionals at the firm identified affordable housing and the Southeast region as top priorities for investors.
Investcorp Picks Up $330M Multifamily Portfolio
The 1,854-unit portfolio is spread across five properties in Georgia, Maryland and Florida.
Discussing Senior Housing Financing Issues With KeyBank
An increased and more effective use of technology and an affordable assisted living model are among the trends we’ll likely see in the sector, according to Carolyn Nazdin.
Presidio Bay Ventures Scores $120M for San Francisco Project
The AFL-CIO Housing Investment Trust provided the senior construction loan for the mixed-income development.
Freddie Mac Sees Improving Multifamily Sector for 2021
The Freddie Mac Multifamily 2021 Outlook projects rents to increase in most markets and originations to rebound.
Sinatra & Co. Lands $61M for New York Communities
The new note will refinance a 769-unit portfolio comprising three communities in metro Rochester.
JPI Secures Financing for SoCal Development
The project in Placentia, Calif., will feature 418 luxury apartments and more than 8,200 square feet of retail space.
Upscale New Jersey Communities Receive $91M in Loans
The two properties are located in Hoboken and have a combined 381 units.