Finance & Investment
Oak Coast Properties Grows Colorado Presence
The new owner spent $37.3 million on Cottonwood Terrace and financed the acquisition through a Freddie Mac loan.
Dominion Group Buys Tennessee Property
Grandbridge Real Estate Capital originated a $26 million loan for the acquisition.
PCCP, Excelsior Group Acquire Metro Minneapolis Community
Each of the 66 apartments at Mills Creek in Maple Grove, Minn., is a stand-alone unit.
Weinstein Properties Grows Fort Worth Footprint
The company financed the acquisition of the 303-unit Bowery at Southside with a $42.2 million bridge loan from Regions Bank.
Fannie Mae Provides $62M in Bronx Financing
Black Bear Capital Partners arranged the loans for nine properties on behalf of Finkelstein Timberger East Real Estate.
Nonprofit Lands Refi for Colorado Affordable Community
Rocky Mountain Communities will use more than $2 million to renovate the 112-unit property in Grand Junction.
Cammeby’s Sells New York Affordable Portfolio for $63M
The Trump Organization previously traded the three properties as part of a 23-asset deal in 2004.
Investors Gain Confidence as Dealmaking Resumes
Positive sentiment is staging a comeback as multifamily rent collection holds steady and the investment market thaws, a new survey by Institutional Property Advisors finds.
West Seattle Community Gets $12M Refi
KeyBank originated the mortgage, which retires an $11.3 million Fannie Mae loan from 2013.
Gebroe-Hammer Brokers $24M New Jersey Sale
Executive Vice President Niko Nicolaou represented the seller and procured the buyer of the 58-unit luxury asset in Jersey City.