Finance & Investment
Ashcroft Capital Managers Acquires Florida Property for $56M
Cushman & Wakefield represented the seller, Kimball Key LLC, in its disposition of the 416-unit Anthem Clearwater.
West Nashville Asset Lands $32M Refi
The 10-year Freddie Mac loan retires HUD financing taken in 2013 to develop the 190-unit community.
PCCP Recapitalizes Houston’s Historic ‘Star’ with $99M Loan
The firm acquired the financing that was collateralized by The Star, the former Texaco headquarters that was transformed into a luxury mixed-use asset.
Philadelphia Multifamily Wrap-Up – July 2020
Southern Land plans residential tower downtown. Alterra gets $120 million project financing. Here’s our selection of Philadelphia must-reads.
Oak Coast Properties Grows Colorado Presence
The new owner spent $37.3 million on Cottonwood Terrace and financed the acquisition through a Freddie Mac loan.
Dominion Group Buys Tennessee Property
Grandbridge Real Estate Capital originated a $26 million loan for the acquisition.
PCCP, Excelsior Group Acquire Metro Minneapolis Community
Each of the 66 apartments at Mills Creek in Maple Grove, Minn., is a stand-alone unit.
Weinstein Properties Grows Fort Worth Footprint
The company financed the acquisition of the 303-unit Bowery at Southside with a $42.2 million bridge loan from Regions Bank.
Fannie Mae Provides $62M in Bronx Financing
Black Bear Capital Partners arranged the loans for nine properties on behalf of Finkelstein Timberger East Real Estate.
Nonprofit Lands Refi for Colorado Affordable Community
Rocky Mountain Communities will use more than $2 million to renovate the 112-unit property in Grand Junction.