Finance & Investment
Mesa West on Staying the Course: Q&A
Mesa West Capital Vice President Brian Hirsh on the multifamily industry’s enduring appeal for the nonbank financing set.
Pretium, Ares Close $2.5B Acquisition of Front Yard Residential
The deal makes Pretium the second-largest owner and operator of single-family rentals in the U.S. and is the SFR industry’s first public-to-private transaction.
Aegis Living, Blue Moon Acquire $350M in Senior Housing
The firms predict a resurgence in demand for assisted living and memory care facilities after the sharp occupancy declines of last year.
Pacifica Cos. Pays $27M for Las Vegas Community
The firm acquired the 195-unit rental component of a 360-unit condominium property in Henderson.
Miami Community Lands $51M Freddie Mac Refi
The new financing package retires a $37 million loan that MUFG Bank provided in 2012.
New York Storage Asset Trades for $18M
In 2016, seller and developer DealPoint Merrill financed the 685-unit project in Nanuet with a $6.8 million loan from Standard Insurance.
Cyclone Investment Group JV Buys Georgia Apartments
In partnership with Skywood Properties, the company has acquired the 214-unit Ten35 Gateway asset in the Atlanta suburb of Marietta, Ga.
Cushman & Wakefield Closes $18M Orlando Sale
Executive Managing Directors Mike Donaldson and Nick Meoli represented the seller of the 189-unit lakefront property.
Faring Acquires Las Vegas-Area Property for $84M
The Well in Henderson, Nev., is located within a master-planned community focused on health and wellness.
Canadian JV to Pay $293M for Vancouver Portfolio
A partnership of InterRent REIT and Crestpoint Real Estate Investments is set to acquire 15 multifamily communities.