Finance & Investment
New Jersey Gold Coast Luxury Project Scores $61M Loan
The nearly 500,000-square-foot condo property is the last to be developed within the Port Imperial community.
CanAm Closes Equity Investment in Fort Lauderdale Apartments
The closing brings the capital redeployed in Florida under the firm’s EB-5 mandate to $103 million.
Springpoint Senior Living Lands $115M Refi
The Series 2021 bonds refund the outstanding debt for the company’s newly assembled obligated group.
Albion Residential Begins $140M Nashville High-Rise
Hartford Investment Management Co. has provided an $87.2 million construction loan for the project.
Manhattan Self Storage Project Lands $35M Financing
JLL Capital Markets arranged the loan with an affiliate of Cerberus Capital Management.
Greystar Acquires UK Student Housing Portfolio for $408M
Totaling 2,163 units, the purpose-built developments are located in London, Glasgow, Coventry and Bristol.
Denver-Area Mobile Park Lands $12M Freddie Mac Loan
An Arizona-based investor acquired the 136-site community for $20.4 million.
Greystone Secures $68M for Maryland Property
The loan for the suburban community included funds from Fannie Mae’s Green Financing suite.
PacifiCap Sells 735-Unit Albuquerque Portfolio
NorthMarq’s Albuquerque and Phoenix offices negotiated the sale and financing for the three properties.
The Praedium Group Expands Atlanta-Area Portfolio
The company purchased the 330-unit Alta Sugarloaf in Lawrenceville, Ga., which was recently completed in early 2020.