Finance & Investment
Tampa Multifamily Wrap-Up – July 2020
Bridge Investment makes $101.3 million buy. PAC lands $87.4 million refi. Read our July list of Tampa must-knows.
Covenant Capital Buys San Antonio Asset
The luxury Park at Rialto offers 274 units across eight buildings on a 9.3-acre site.
Cape Advisors Lands $55M for Queens Project
JLL Capital Markets arranged the joint-venture financing for the 534-unit waterfront development in Astoria.
Ashcroft Capital Managers Acquires Florida Property for $56M
Cushman & Wakefield represented the seller, Kimball Key LLC, in its disposition of the 416-unit Anthem Clearwater.
West Nashville Asset Lands $32M Refi
The 10-year Freddie Mac loan retires HUD financing taken in 2013 to develop the 190-unit community.
PCCP Recapitalizes Houston’s Historic ‘Star’ with $99M Loan
The firm acquired the financing that was collateralized by The Star, the former Texaco headquarters that was transformed into a luxury mixed-use asset.
Philadelphia Multifamily Wrap-Up – July 2020
Southern Land plans residential tower downtown. Alterra gets $120 million project financing. Here’s our selection of Philadelphia must-reads.
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.