Finance & Investment
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.
Picerne Group Sells Phoenix Apartments for $36M
City National Bank provided nearly $25 million of acquisition financing for the 192-unit community.
JBG SMITH Lands $385M Financing for Multifamily Portfolio
The Freddie Mac loans are for three apartment communities in the National Landing and Ballpark submarkets of Washington, D.C.
Toll Brothers, JD Capital Form JV for DFW Apartments
The partners secured a $46 million construction loan from Santander Bank for development of the luxury community.