Finance & Investment
East Bay Value-Add Property Trades for $27M
HomeStreet Bank originated more than $17 million in acquisition financing for the 102-unit community.
Top 5 Midwestern Markets for Multifamily Transactions
Yardi Matrix data shows that more than two thirds of the $1.5 billion closed in the first quarter involved assets in only five of the region’s metros.
Partners Land $119M Refi for Miami Condo Project
Fortune International Group and Château Group obtained the loan from Bank OZK for the 490-unit luxury property.
Wilkinson Sells Georgia Community for $52M
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group represented the seller in the transaction.
Terwilliger Pappas Sells Southwest Charlotte Community for $44M
The newly completed 230-unit Solis Keltonwood at Berewick is roughly 15 miles southeast of downtown.
JV Secures Equity for Seattle Development
Trent Development and Hatteras Sky have partnered for the 274-unit community.
PAC Buys Florida Apartments
Parkside at the Beach in Panama City, Fla., was completed last year and offers 288 units.
Tri City Rentals Grabs $28M Nashville Refi
The Fannie Mae mortgage from Newmark Knight Frank encumbers 302 Class B units in the city’s Antioch neighborhood.
Thayer Manca Scores $27M Refi for Washington Community
The owner worked with Hunt Real Estate Capital to originate the 10-year, fixed-rate Fannie Mae loan.
Hines to Begin $384M Project in Milan
The global real estate firm intends to build regulated rental apartments in the northern Italian city.