Finance & Investment
Walker & Dunlop Arranges Refi for 3 Senior Housing Facilities
The company secured $37 million through HUD’s Lean loan program for properties in Novi, Mich., and Aurora and Kankakee, Ill.
Urban Realty Partners JV Secures Loan for Atlanta Project
The development at 982 Memorial Drive has broken ground near the Eastside Beltline Trail.
Charlotte Multifamily Wrap-Up – May 2020
Hawthorne Residential sells suburban asset for $50 million. Terwilliger Pappas finalizes $44 million disposition. Catch up with our May list of Charlotte must-reads.
Tzadik Management Closes on $80M Refi
The company secured permanent financing for two apartment portfolios totaling 1,100 units in Sioux Falls, S.D.
Affordable Housing Investment Closes Iowa Portfolio Deal
Kyle Shoemaker and Dan Piatkowski represented both parties in the sale of two senior housing assets in Waterloo.
Suburban Nashville Community Grabs $30M Refi
The 10-year loan retires $40 million in existing debt at the 248-unit garden-style property.
UBS’ Jonathan Woloshin on Americans Prioritizing Rent
With rental collections exceeding 90 percent three weeks into May, the questions everyone is asking are: How long will this trend last and what’s next for the multifamily market?”
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
UDR Sells Seattle-Area Asset for $50M
Berkadia provided the new owner with a $30.5 million Freddie Mac acquisition loan.
Suburban Minneapolis Apartments Get $21M HUD Refi
Part of the financing will cover capital improvements to Oak Park Village’s 100 fully affordable units.