Finance & Investment
Charles Street Investment Partners Scores $33M Construction Loan
The borrower secured the loan to build a 161-unit apartment community in Pittsburgh, Pa.
Blackstone Pays $63M for Upscale Charlotte Community
The seller and developer financed the project with a $28.7 million construction loan from First Tennessee Bank in 2017.
Jonathan Rose Cos. Closes $525M Affordable Housing Fund
The impact investment vehicle topped its target and raised more than $285 million in the last six months.
Harbor Group International Secures $74M Loan for Orlando Property
Berkadia originated the financing that will go toward recapitalizing the 449-unit Linden Audubon Park.
American Landmark Makes $101M Florida Expansion
CBRE arranged the acquisition of the two properties, located in Casselberry and Clearwater, Fla.
JV Sells Atlanta-Area Community for $66M
Promenade at Newnan Crossing comprises a mix of three-story buildings, rental homes and for-rent townhomes.
Marcus & Millichap Closes $58M Sacramento-Area Deal
First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.
Weston Associates Lands $82M Loan for Boston Affordable Asset
The financing extends the affordability of the 231-unit senior and disabled housing community for 23 years.
Examining Investor Sentiment During a Pandemic
NKF’s Ryan Maconachy and Blueprint Healthcare Real Estate Advisors’ Ben Firestone discuss the COVID-19-induced changes to the deal environment.
Partnership Scores $146M Financing for Student Housing Projects
JLL secured the loans for Union on Broadway in Eugene, Ore., and Lakeview in Seattle.