Finance & Investment
Centennial Management Lands $20M Refi for Miami-Area Affordable Community
Greystone provided the HUD-insured loan for the 244-unit property in Pembroke Park, Fla.
Boyd Wilson Lands $20M Fannie Mae Financing
The 10-year loan will retire existing construction debt at a 170-unit apartment community in Lebanon, Pa.
American Landmark Sells DFW Community
Institutional Property Advisors brokered the deal between the seller and buyer.
Multifamily REITs Continue Quarterly Decline
New York City, Boston, San Francisco, and Los Angeles suffered the sharpest decrease, while suburban and sunbelt markets continue to perform relatively well.
Senior Housing Investor Survey Shows Guarded Optimism
Most industry insiders expect that occupancy will increase over the next 12 months, according to a new report by CBRE.
Waterton Enters Boston Market
The firm has acquired Rosemont Square in Randolph, Mass., located about 12 miles south of downtown Boston.
JEM Holdings Acquires Metro Atlanta Community
The company has purchased the 310-unit Eddy at Riverview Landing in Smyrna, Ga., which was completed earlier this year.
Passco Buys Suburban Tampa Community for $79M
Located 20 miles north of downtown Tampa, the 341-unit, eight-building property was completed last year.
Orange County Adaptive Reuse Project Sells for $54M
The historic office building in Santa Ana, Calif., will turn into a 148-unit workforce housing community.
Bay Area Community Trades for $23M
Colliers International represented the seller, Pierron Properties, in the transaction with MC Investment Partners.