Finance & Investment
Invitation Homes, Rockpoint Partners Form $1B Venture
The firms plan to deploy more than $1 billion, including debt, toward acquiring and renovating single-family rental homes across the U.S.
JV Acquires Denver Community for $140M
Urban American and Madison International Realty picked up the 460-unit property just south of downtown.
Senior Housing’s Capital Stack and the Pandemic
Although COVID-19 has led to a sector-wide shake-up, members of a panel at the NIC fall conference detailed how the outlook for assisted and independent living properties looks positive in the long term.
KH Properties Lands $18.3M Refi in St. Louis Area
Berkadia secured $18.3 million in Fannie Mae financing for the 350-unit property.
CPF Living Expands Florida Footprint With $24M Buy
The 118-unit senior housing community in Englewood, Fla., provides assisted living and memory care services.
Abacus Capital Acquires Luxury Kansas City Community
Newmark Knight Frank provided a $43.5 million Fannie Mae loan to the new owner.
Seattle-Area Community Changes Hands for $11M
CBRE represented the seller of the asset in Federal Way, Wash., and arranged Freddie Mac financing on behalf of the buyer.
QuadReal Invests $1.6B in CA Student Living
The Canadian investment giant is taking its years-long partnership with the U.S. student housing operator to the next level.
Cortland Acquires Arizona Community for $97M
Institutional Property Advisors brokered the sale of the 415-unit MetroPointe in Tempe.
Providence Acquires 269-Unit Atlanta Property
Situated in the Perimeter Center submarket, The Stratford Apartment Homes are located less than a mile from the largest medical center in Georgia.