Finance & Investment
Top 5 Markets for Transaction Growth
Nationwide, smaller markets drew the lion’s share of investment activity this year through May, based on Yardi Matrix data.
Lendlease, L+M Score $250M Loan for Manhattan Tower
Barings provided the financing for the mixed-use academic and condo building at Union Theological Seminary.
Hampstead Development Lands $28M for Salt Lake City Asset
The 80-unit senior community caters to residents earning 60 percent of the area’s median income.
USAA Provides Acquisition Financing for Brooklyn Condos
A joint venture between Meadow Partners and Slate Property Group sold the 183-unit building.
Shorewood, Bridge Investment Secure $88M Construction Loan
East West Bank and a syndicate of lenders provided the financing for an opportunity zone project in Queens.
Wingspan, ICM Form JV for Chicago-Area Development
The partnership will fund a 284-unit project in Plainfield, Ill., branded as Sixteen|30.
TriBridge Secures $42M Nashville Community Refi
The 255-unit community’s new Fannie Mae note retires $30 million in development financing from Cadence Bank.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
Minneapolis Community Receives $28M Refi
JLL provided a 10-year, fixed-rate Fannie Mae loan for the 456-unit The Cliffs at Minnetonka.
Ivanhoé, Greystar, Bouwinvest Form $1.1B Venture
The global REITs are targeting the student housing and young professional rental market in the greater Paris region.