Finance & Investment
Wingspan, ICM Form JV for Chicago-Area Development
The partnership will fund a 284-unit project in Plainfield, Ill., branded as Sixteen|30.
TriBridge Secures $42M Nashville Community Refi
The 255-unit community’s new Fannie Mae note retires $30 million in development financing from Cadence Bank.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
Minneapolis Community Receives $28M Refi
JLL provided a 10-year, fixed-rate Fannie Mae loan for the 456-unit The Cliffs at Minnetonka.
Ivanhoé, Greystar, Bouwinvest Form $1.1B Venture
The global REITs are targeting the student housing and young professional rental market in the greater Paris region.
Brooklyn Affordable Project Lands $72M Loan
The New York State Housing Finance Agency provided the bulk of the funds for the 160-unit development, one component of a 4,000-home housing initiative in the borough.
Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
CBRE Brokers Sale of East Phoenix Community
Jeff Seaman, Brian Smuckler, Derek Smigiel and Bryson Fricke negotiated on behalf of both parties.
Primerica Group One Lands $34M Refi for Tampa-Area Community
The 252-unit development is situated on 32 acres in Land O’Lakes, Fla.
3650 REIT Arranges Loan for Los Angeles OZ Project
Hollywood Backlot Homes is a 10-acre manufactured home community in North Hollywood.