Finance & Investment
JPI Sells 5-Property Dallas Portfolio
The sale of nearly 2,000 units marks the developer’s single largest transaction in 15 years.
JV Sells Phoenix Community for $20M
JLL secured $15 million in Freddie Mac financing on behalf of the buyer, SB Real Estate Partners.
Berkadia Brokers Sale of Two Tampa Bay Properties
The company secured a Freddie Mac financing package for the buyer, American Residential Investment Management.
American Landmark Buys Space Coast Community
The buyer plans to invest $3 million in upgrades for the property southeast of Orlando, Fla.
Queens Condo Project Lands $21M Loan
Santander Bank originated the construction loan for the 50-unit development in Long Island City, N.Y.
City Club Secures $69M Refi for Cincinnati Mixed-Use Property
Asia Capital Real Estate provided the loan for the 294-unit building that formerly served as office space.
Bond Cos. JV Pays $41M for Nashville Portfolio
The buyer assumed $30.4 million in recently refinanced debt for the two properties.
Southwood Realty Buys South Carolina Asset for $26M
The 250-unit property is located within Harbison, a planned community which includes two lakes and approximately 200 acres of woods.
Supply Shortfall Foreseen in Single-Family Rentals
There will be much greater demand for single-family rental homes than the current pace of production will be able to fill, according to the latest report from RCLCO Real Estate Advisors.
Round Hill Pays $49M for Suburban Raleigh Community
The company financed the purchase with a 12-year, $29.5 million Freddie Mac loan from Walker & Dunlop.