Finance & Investment
Central Valley Community Sells For $22M
Arbor Realty Trust originated a $16.4 million Fannie Mae loan to finance the acquisition.
Affordable Boston Community Lands $33M Refi
The FHA Section 223(f) financing will preserve affordability at Mountain View Terrace Apartments for the next 31 years.
Foulger-Pratt Lands $54M HUD Loan for Maryland Community
Berkadia secured the short-term, non-recourse financing for the 235-unit Monument Village at College Park.
Prestige Cos. JV Lands $27M Loan for Miami Asset
Hunt Real Estate Capital provided Fannie Mae financing for the 174-unit community completed earlier this year.
CBRE Brokers $44M Tampa Multifamily Sale
Francesco Carriera and Michael Regan assisted the seller and Eric Fixler financially advised the buyer of the 369-unit community.
Oakmont Properties Buys Sacramento Asset for $118M
CBRE brokered the sale of the 277-unit Press at Midtown Quarter, marking one of the city’s largest-ever apartment deals.
Trailbreak Partners Acquires Colorado Community
The firm purchased Confluence at Three Springs, a 171-unit property in Durango.
PGIM Real Estate Closes $460M Senior Housing Loan
The financing covers a portfolio deal of more than 1,500 units, including three properties in Seattle.
HUD 221(d)(4) Financing Girds Workforce Housing Projects
This “consistent and stable” loan product is sustaining developers while some funding sources take a pause.
Multifamily Mezzanine Lenders Are Changing Course
Lenders wait in the wings as sponsors revamp strategies.