Finance & Investment
Foulger-Pratt Secures $45M Loan for Washington, DC-Area Community
Berkadia provided the financing for the purchase of the 210-unit Heritage at Silver Spring in Maryland.
Affordable Jacksonville Community Lands $23M Refi
The city’s housing authority will use the funds to execute a $14.5 million renovation program.
Wood Partners Sells San Diego Community
Walker & Dunlop represented the seller in its disposition of the 110-unit Valentina by Alta.
Inland Real Estate Buys Beachfront Asset in New York
Located on the Long Island’s South Shore, 10 West Apartments in Long Beach, N.Y., last underwent renovations in 2016.
Student Housing Leasing: Lessons Learned
In the second day of the NMHC/InterFace Student Housing conference, industry professionals discussed the importance of communication and flexibility in weathering the coronavirus storm.
Pegasus Grows Texas Footprint
The firm made its fourth purchase in the state with the acquisition of the 411-unit Collection at Overlook in San Antonio.
How Sacramento Benefits from the Bay Area Exodus: Q&A
Graceada Partners’ Joe Muratore unveils what makes Sacramento an appealing market to invest in during an economic downturn.
Cortland Acquires Phoenix Community for $117M
StreetLights Residential and Nexpoint Advisors sold the 253-unit asset, with CBRE representing the seller.
Bridge Investment Sells Phoenix Apartments for $118M
The new owner received a 10-year, $79.3 million Freddie Mac acquisition loan from Prudential Financial.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.