Finance & Investment
Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
San Diego Community Sells for $70M
CRBE provided $43 million in financing through Cigna for R&V Management’s acquisition of the LEED Platinum-certified property.
Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
PRC Group Lands $87M Loan for New Jersey Workforce Housing Portfolio
Walker & Dunlop has arranged the Fannie Mae financing, which will go towards the renovation of three properties.
Multifamily Roundtable: Fewer Deals But Little Distress
Six months into the global pandemic, MHN convened multifamily executives to discuss how the property type is holding up under various pressures.
Bellwether Enterprise Closes 4 Affordable Housing Loans
The financing totaled $94 million and will help construct and preserve 719 units in Texas and New York City.
Greystar Buys Stake in Thackeray Partners
The multifamily giant is expanding its sizable platform with its investment in the Dallas-based firm.
Inland Real Estate Buys Upscale Jacksonville Community
KeyBank provided a $43 million Fannie Mae note for the purchase of the 350-unit property.
Partnership Scores $63M Refi for Tampa Community
The property is within the Channel District neighborhood, a former industrial area that is currently undergoing several renovations.
JV Starts $40M Redevelopment of Former Atlanta Co-Op
Upon completion, the property will become a 200-unit, mixed-income community with long-term affordability status.