Finance & Investment
Coastal Ridge Secures Refi for 2 Indiana Student Housing Properties
Fifth Third Bank provided the loan for Overlook at Notre Dame and Irish Flats, serving students attending the University of Notre Dame.
Interra Realty Brokers Sale in Chicago’s South Shore
The team of Jon Morgan, David Goss, Ted Stratman, Lucas Fryman and Jeremy Morton facilitated the deal.
Pearlmark JV Grabs $21M for Nashville Project
Renasant Bank provided the three-year note for the 158-unit multifamily development, slated to begin leasing in mid-2021.
Tryko Partners to Purchase Rhode Island Facility
The company intends to invest $5 million at the 200-bed skilled nursing property in North Providence.
Nonprofit Snags $45M Refi for Memphis-Area Senior Community
The funding pays out existing Series 2012 bonds through a Cinderella Refunding scheme.
What Draws Investors’ Attention to Western Markets?
MG Properties Group’s Paul Kaseburg talks about the strategy behind the company’s investment activity in Western markets.
LDG Secures $50M for Austin-Area Affordable Project
The 336-unit development in San Marcos, Texas, also received more than $43 million in activity bonds.
Greystone Closes $14M Northern Indiana HUD Refi
Bayshore Properties will use the new loan to fund ongoing renovation work at the 174-unit community.
Berkadia Arranges $97M Loan for South Florida Towers
The financing will enable The Brunetti Organization to construct two 17-story buildings totaling 256 units in Sunny Isles Beach, Fla.
Hunt Real Estate Arranges $17M Refi for Ohio Community
The 12-year loan has a 30-year amortization schedule and the first two years are interest only.