Finance & Investment
Marcus & Millichap Brokers $10M Tampa Sale
Casey Babb, Luis Baez and Shawn Rupp facilitated the sale of the 56-unit Lois Landing community.
Raleigh Apartment Project Receives $29M Loan
Cadence Bank and Atlantic Bank provided construction financing for the 248-unit development.
Taurus Investment Pays $65M for Orlando Apartments
Berkadia originated nearly $50 million in Freddie Mac financing on behalf of the buyer.
Greystone Provides $59M Refi for Florida Townhome Community
Managing Director Dan Sacks closed the Freddie Mac financing for the 306-unit community in northern Naples.
JV Buys Suburban Kansas City Community for $48M
Fogelman Properties sold the 254-unit Savoy Luxury Apartments in Overland Park, Kan., after a seven-year ownership.
Centennial Management Lands $20M Refi for Miami-Area Affordable Community
Greystone provided the HUD-insured loan for the 244-unit property in Pembroke Park, Fla.
Boyd Wilson Lands $20M Fannie Mae Financing
The 10-year loan will retire existing construction debt at a 170-unit apartment community in Lebanon, Pa.
American Landmark Sells DFW Community
Institutional Property Advisors brokered the deal between the seller and buyer.
Multifamily REITs Continue Quarterly Decline
New York City, Boston, San Francisco, and Los Angeles suffered the sharpest decrease, while suburban and sunbelt markets continue to perform relatively well.
Senior Housing Investor Survey Shows Guarded Optimism
Most industry insiders expect that occupancy will increase over the next 12 months, according to a new report by CBRE.