Finance & Investment
Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
Alternative Lenders Are Back
While the GSEs kept the market afloat starting with the second quarter, debt funds, finance companies and mortgage REITs are shopping once again.
Workforce Investment Heats Up in Tough Economy
While Class A apartment property deals have slowed, there have been some bidding wars for stabilized Class B properties.
Where Value-Add Investing Stands
The investment strategy was jolted by pandemic-related shutdowns. How strong is the segment now?
Transactions: December 2020
A short list of recent major investment sales and financings from coast to coast.
Alliant Capital Closes Investment in California Affordable Projects
The new communities in Contra Costa and Santa Rosa counties are targeting Northern California’s acute affordable housing shortage.
Northshore Development Scores $36M Construction Loan
JLL Capital Markets arranged the financing for the 258-unit West Shore Apartments in Palm Bay, Fla.
Element Property Co. Buys Arizona Community for $30M
Delivered in 2004 and 2008, Port Royale in Sierra Vista includes 252 apartments across 18 buildings.
Blackstone Pays $175M for Pacific Northwest Portfolio
Built between 1980 and 1992, the Class B properties include 935 units near Seattle plus 104 apartments outside Portland, Ore.