Finance & Investment
Mill Creek Sells Seattle Luxury Community for $125M
The 288-unit deal marks the second-largest multifamily transaction to close in the metro this year.
Westside Capital Scores $25M Refi for Tampa Community
The borrower acquired the 240-unit property in 2018 from Michaelson Group for $21.2 million.
Northeast Seattle Project Gets $27M Loan
State Farm originated the financing for the development of Union Bay Place, a 98-unit community near the University of Washington.
Walker & Dunlop, CBRE on Student Housing Investment
Will Baker and Jaclyn Fitts talk about the coronavirus’ impact on investment in the sector and what’s ahead.
JLL Arranges $29M Refi for South Florida Apartments
Senior Managing Director Elliott Throne and Director Jesse Wright secured the Fannie Mae loan for the 200-unit community.
Zocalo Lands $48M for Denver-Area Affordable Project
The 218-unit community in Lakewood, Colo., is an adaptive reuse of a 160,000-square-foot office building.
IPA Closes Dallas Multifamily Sale
Drew Kile, Will Balthrope and Joey Tumminello assisted the seller of the 125-unit community and secured the buyer.
Berkadia Arranges $38M Metro Atlanta Refi
Corby Chaffin and Michael Weinberg secured the Freddie Mac loan for the 370-unit community in Norcross, Ga.
HUD Lending Provides Certainty in Times of Crisis: Q&A
Dwight Capital Managing Principal Josh Sasouness on how a combination of HUD’s approach and historically low interest rates has boosted commitments since the onset of COVID-19.
Magma Equities Purchases Nashville-Area Community for $27M
The new owner plans to invest in a multimillion-dollar capital improvement program.