Finance & Investment
UMH Properties Expands to South Carolina
The REIT paid $3.4 million for Iris Winds, a manufactured housing community in Sumter.
North Carolina Storage Assets Receive $29M Refi
The non-recourse bridge loan provided by Skymar Capital Corp. has a fixed interest rate and is set to mature in 2025.
Central Texas MHC, RV Portfolio Lands $17M Refi
A JLL team arranged the 10-year Fannie Mae financing for Lewis Investments.
CAPREIT Acquires Virginia Portfolio for $167M
The four properties span more than 1,000 units in the Richmond-Hampton Roads market.
Eight Bay Advisors Lands $145M Financing for Utah Communities
Walker & Dunlop arranged the three HUD loans for properties in West Jordan, Orem and Salt Lake City.
Marcus & Millichap Closes $6M Manufactured Housing Sale
An entity connected to The BoaVida Group acquired the 127-site Vista Estates in Storm Lake, Iowa.
LOCAL Ventures Secures JV Equity, Construction Loan for Boise Project
A Cushman & Wakefield team arranged the package for the construction of a 252-unit downtown community.
DWS Pays $279M for Suburban Seattle Luxury Apartments
The sale of the Bellevue property is the metro’s biggest multifamily deal since last summer.
Tampa Luxury Condo Tower Gets $92M Construction Loan
The debt backs the construction of the first of three condominium towers to rise in the master-planned Westshore Marina District.
Rastegar Launches $200M Multifamily REIT
The Austin-based firm will invest in older apartment communities in the Sun Belt region.