Finance & Investment
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.
Minneapolis Residential Project Lands $22M Loan
The upcoming 128-unit property will be among the first projects to rise in one of the city’s Opportunity Zones.
Vazza Real Estate Buys Kansas City-Area Affordable Asset
Walker & Dunlop provided $14.1 million in acquisition financing for the 161-unit property in Olathe, Kan.
Jacksonville Community Changes Hands for $97M
Laramar Group acquired the 108-building property in the fast-growing city from CARROLL Organization.
Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
Alternative Lenders Are Back
While the GSEs kept the market afloat starting with the second quarter, debt funds, finance companies and mortgage REITs are shopping once again.
Workforce Investment Heats Up in Tough Economy
While Class A apartment property deals have slowed, there have been some bidding wars for stabilized Class B properties.
Where Value-Add Investing Stands
The investment strategy was jolted by pandemic-related shutdowns. How strong is the segment now?