Finance & Investment
Interra Realty Arranges Chicago Deconversion Sale
Pat Kennelly, Paul Waterloo, David Goss and Jon Morgan assisted both parties in the 91-unit, $17 million deal in Evanston.
How Do You Price Apartments in a Recession?
Multifamily operators rely on revenue management to help predict profitability patterns.
Pennrose Debuts Massachusetts Senior Development
The 55-unit, mainly affordable project stems from the conversion of a 1920s school in Auburn.
Venterra Lands $38M Refi for Atlanta-Area Community
NorthMarq secured the financing for the 213-unit property located in Peachtree City, Ga.
Aspen Square Gets $44M Jacksonville Refi
The firm added the loan for the 336-unit Banyan Bay to a recent Fannie Mae portfolio financing package.
Namdar Refinances New Jersey Development
The bridge loan for the luxury property was provided by Lightstone Capital and arranged by Greystone Capital Advisors.
Alterra Lands $120M for Philadelphia Mixed-Use Project
The loan will be used in the construction of a 410-unit development near the Center City neighborhood.
Affordable Jacksonville Project Lands $21M Financing
The city’s housing finance authority provided Vestcor with bonds and a gap loan to develop the 192-unit community.
Round Hill Capital JV Acquires Netherlands Portfolio
The properties are located in Arnhem, Apeldoom, Amersfoort and Deventer, totaling 821 units.
Berkadia Secures $14M Recap for Miami High-Rise
Charles Foschini and Christopher Apone structured the 10-year financing for the 100-unit community located near Miami River.