Finance & Investment
Greenlight Communities Lands $23M for Phoenix Project
JLL secured the funds for the developer and facilitated a joint venture equity partnership with Bridge Investment Group.
Phoenix Development Co. Breaks Ground on Affordable California Community
In partnership with Integrity Housing, the company began construction on the Santa Rosa property, which is scheduled for completion in August 2021.
San Francisco Mixed-Use Project Lands $22M Refi
Located three blocks from the global headquarters of Twitter and Uber, the project includes 42 micro units, first floor retail and a full level of office space.
Archway Holdings Secures $30M Nashville Refi
CBRE provided the Freddie Mac financing, which retires $28 million of prior debt on the 363-unit portfolio.
Hurricane Season Doesn’t Stop During a Pandemic
The strain on local governments and resources due to the pandemic and social unrest could lead to delayed emergency response.
Saigebrook Development Scores Financing for Texas Senior Project
Hunt Capital Partners provided almost $13 million in LIHTC equity through one of its proprietary funds.
Cambridge Housing Authority Lands $45M Loan for Boston Senior Community
MassHousing provided the funds that will preserve the 198-unit property’s affordability for at least 20 more years.
TF Cornerstone Scores $374M Financing for Manhattan Towers
The New York State Housing Finance Agency and Wells Fargo Bank provided the debt for the 835-unit development.
Greystone Arranges Refi for San Francisco-Area Community
The Fannie Mae loan refinances two existing loans on the property in Sausalito, Calif.
Fairstead Pays $30M for Fort Lauderdale Senior Housing
The buyer of the 123-unit Section 8 community in Sunrise, Fla., plans to invest in a multimillion-dollar rehabilitation program.