Finance & Investment
MassHousing Provides Affordable Portfolio Loan
Preservation of Affordable Housing received the short-term financing for the purchase and initial rehabilitation of 227 units in Attleboro, Mass.
North St. Petersburg Community Receives Refi
The $7 million mortgage retires $6.3 million in acquisition financing provided by C-III Capital Partners in 2018.
Generic Management, CAF Capital Buy Plano Property for $63M
Phillips Realty Capital advised the partnership on its acquisition of the 459-unit EVOKE.
Houston Community Lands $65M Refi
JLL arranged a seven-year, fixed-rate Freddie Mac loan for the 206-unit Hanover Southampton.
Sares Regis Spends $68M on Southeast Denver Asset
JLL provided a $47.6 million Freddie Mac loan for the acquisition of the 252-unit community.
Marcus & Millichap Closes Dallas-Area Multifamily Sale
Senior Managing Director Al Silva and First Vice President of Investments Ford Braly represented the seller.
Gebroe-Hammer Arranges $20M New Jersey Sale
Executive Vice President Niko Nicolaou represented the seller of the 60-unit community, and Senior Vice President Adam Zweibel procured the buyer.
Southeast Las Vegas Community Sells for $20M
Seller AllPro Capital acquired the 128-unit property for $9.7 million from 3D Investments in 2017.
AMCAL Equities Acquires Houston Property
Circuit Apartments was built in 2015 and is located in the city’s East Downtown district.
RISE Properties Buys Seattle Apartments for $34M
The new owner assumed $21.4 million in existing Fannie Mae debt on the 117-unit community.