Finance & Investment
Fortis Property Group Lands $163M Brooklyn Project Loan
The developer paid more than $91 million in 2018 for the 1-acre site in DUMBO.
Pretium, Ares Management Forge $2.4B SFR Deal
The acquisition of Front Yard Residential Corp. will boost Pretium’s single-family rental portfolio to more than 55,000 homes.
NMHC/InterFace Student Housing 2020: The Long Road to Recovery
Speakers including American Campus Communities CEO Bill Bayless share a positive outlook for the sector amid the uncertainties caused by the pandemic.
Berkadia Facilitates $35M Phoenix Sale
Ric Holway, Mark Forrester and Dan Cheyne represented the seller of the 138-unit property completed in 2018.
United Group Lands $32M for South Florida Senior Development
The developer aims to deliver the 182-unit community’s first apartments in the third quarter of 2021.
Belveron Partners Acquires 194-Property Portfolio
The controlling interest in Conifer Realty gives the investment firm ownership of more than 15,000 affordable housing units in New York and New Jersey.
Revised Nashville Music Row Project Lands Financing
Originally slated for hotel development, the site will house 132 apartments with the help of a $30 million construction loan from Broadmark Realty Capital.
High-End Orlando Community Trades for $66M
RK Properties purchased the 296-unit property from Catalyst Development Partners and The Carlyle Group.
Greystar Acquires Tampa-Area Community for $44M
The Radco Cos. sold the 228-unit property in Clearwater, Fla., after picking it up in 2015.
COVID-19’s Impact on Student Housing Under Review: Q&A
“Since the start of the pandemic, all data points for student housing have been positive,” says Cushman & Wakefield’s Travis Prince.