Finance & Investment
Discussing Senior Housing Financing Issues With KeyBank
An increased and more effective use of technology and an affordable assisted living model are among the trends we’ll likely see in the sector, according to Carolyn Nazdin.
Presidio Bay Ventures Scores $120M for San Francisco Project
The AFL-CIO Housing Investment Trust provided the senior construction loan for the mixed-income development.
Freddie Mac Sees Improving Multifamily Sector for 2021
The Freddie Mac Multifamily 2021 Outlook projects rents to increase in most markets and originations to rebound.
Sinatra & Co. Lands $61M for New York Communities
The new note will refinance a 769-unit portfolio comprising three communities in metro Rochester.
JPI Secures Financing for SoCal Development
The project in Placentia, Calif., will feature 418 luxury apartments and more than 8,200 square feet of retail space.
Upscale New Jersey Communities Receive $91M in Loans
The two properties are located in Hoboken and have a combined 381 units.
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.