Finance & Investment
Pennrose Closes Financing for Affordable Veterans Project
The 70-unit project in Dover, N.J., is part of the town’s larger master redevelopment plan.
Greystone Brown Brokers $54M South Carolina Sale
Jim Jarrell, Steve Mack and Walter Miller worked on behalf of Prominent Realty Group, the seller of the 400-unit community.
Berkadia Acquires LIHTC Advisors
With the merger, LIHTC Advisors will be fully integrated into the firm’s affordable housing division.
Charlotte Multifamily Wrap-Up – August 2020
University City project scores $45 million loan. Gastonia community sells for $37 million. Catch up on our August selection of Charlotte must-reads.
Nashville Multifamily Wrap-Up – August 2020
Alpha Capital pays $64 million for new property. Portfolio trades for $41 million. Here’s our August list of Nashville must-reads.
PGIM Real Estate Arranges $482M West Coast Refi
The Fannie Mae credit facilities involve six apartment properties in the San Francisco Bay area and Seattle.
Alabama Community Changes Hands for $27M
Carter Multifamily acquired the 240-unit Summerchase at Riverchase, a multi-building community in Hoover.
Berkadia Secures $30M Refi for Affordable Maryland Asset
Fairstead acquired the property back in 2018 as part of a nearly $119 million deal.
MassHousing Provides $25M Financing for Massachusetts Community
The funds will be used to renovate the community, as well as to extend the affordability of the senior housing.
How to Track Successful Investment Opportunities Amid COVID-19
CARROLL Founder & CEO Patrick Carroll talks about the primary indicators that can reveal if a property makes a favorable investment or not in the current economic landscape.