Finance & Investment
Picerne Group Sells Phoenix Apartments for $36M
City National Bank provided nearly $25 million of acquisition financing for the 192-unit community.
JBG SMITH Lands $385M Financing for Multifamily Portfolio
The Freddie Mac loans are for three apartment communities in the National Landing and Ballpark submarkets of Washington, D.C.
Toll Brothers, JD Capital Form JV for DFW Apartments
The partners secured a $46 million construction loan from Santander Bank for development of the luxury community.
Tampa Bay Community Sells for $56M
CBRE provided a $38.8 million Freddie Mac loan for the purchase of the 416-unit community in Clearwater.
PAC Lands $41M Tampa Refi
The Freddie Mac loan retires a $30.3 million mortgage taken on the 296-unit property in 2013.
Partially Affordable Community Opens in Metro Washington, DC
RST Development broke ground on the 70-unit project in the fall of 2018, having multiple financing sources.
Global One Purchases New York Vintage Community
The six-story property in the Forest Hills neighborhood of Queens includes 115 units and ground-floor office space.
Berkadia Secures $17M Refi for Indianapolis Community
Senior Directors Michael Zaremski and Michael Shmuely arranged the financing on behalf of a private investor.
Freddie Mac Promotes Key Investment Executive
Ling Xu’s current responsibilities include managing the GSE’s multifamily portfolio strategy, hedging and balance sheet management.
Greystone Arranges $120M to Redevelop Texas Affordable Communities
The portfolio features 23 properties located across 14 counties.