Finance & Investment
Electra Capital Provides $92M Loan for Florida Luxury Community
The financing will enable Elevate Partners to lease up its newly built multifamily tower in Fort Lauderdale.
Coral Rock Scores $54M Loan for Miami-Area Project
The construction financing will help bring 260 residential units to Pura Vida Hialeah, a nine-acre mixed-use development.
BLDG Management Lands $289M Loan for Manhattan Tower
The owner secured the loan for its 429-unit, partially affordable apartment community in Midtown.
Charles Street Investment Partners Scores $33M Construction Loan
The borrower secured the loan to build a 161-unit apartment community in Pittsburgh, Pa.
Blackstone Pays $63M for Upscale Charlotte Community
The seller and developer financed the project with a $28.7 million construction loan from First Tennessee Bank in 2017.
Jonathan Rose Cos. Closes $525M Affordable Housing Fund
The impact investment vehicle topped its target and raised more than $285 million in the last six months.
Harbor Group International Secures $74M Loan for Orlando Property
Berkadia originated the financing that will go toward recapitalizing the 449-unit Linden Audubon Park.
American Landmark Makes $101M Florida Expansion
CBRE arranged the acquisition of the two properties, located in Casselberry and Clearwater, Fla.
JV Sells Atlanta-Area Community for $66M
Promenade at Newnan Crossing comprises a mix of three-story buildings, rental homes and for-rent townhomes.
Marcus & Millichap Closes $58M Sacramento-Area Deal
First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.