Finance & Investment
Revised Nashville Music Row Project Lands Financing
Originally slated for hotel development, the site will house 132 apartments with the help of a $30 million construction loan from Broadmark Realty Capital.
High-End Orlando Community Trades for $66M
RK Properties purchased the 296-unit property from Catalyst Development Partners and The Carlyle Group.
Greystar Acquires Tampa-Area Community for $44M
The Radco Cos. sold the 228-unit property in Clearwater, Fla., after picking it up in 2015.
COVID-19’s Impact on Student Housing Under Review: Q&A
“Since the start of the pandemic, all data points for student housing have been positive,” says Cushman & Wakefield’s Travis Prince.
A Private Lender’s View on Multifamily Opportunities
Ray Cleeman, head of capital markets at Pensam, on why the company’s longstanding approach is still a good fit for a changed economic climate.
Atlanta Single-Family Rental Portfolio Sells for $134M
Haven Realty Capital and Walton Street Capital LLC teamed up to acquire the six communities from developer ResiBuilt Homes.
JV Acquires Portland-Area Community for $12M
Jordan Carter, Tyler Linn, Clay Newton and John DeJager of Kidder Matthews represented the buyer.
Minnesota Affordable Property Gets $42M Refi
Aeon, Community Development Trust and Minnesota Housing closed the financing for a 422-unit community located within a few miles of Minneapolis-St. Paul International Airport.
NIC’s 2020 Fall Conference Highlights
The event’s three days covered a broad range of topics, from the pandemic’s impact on design to the forgotten middle market.
Kushner Acquires Richmond-Area Portfolio in $113M Deal
The three-asset portfolio last changed ownership in 2016 for $68.5 million.