Finance & Investment
Brooklyn Affordable Project Lands $72M Loan
The New York State Housing Finance Agency provided the bulk of the funds for the 160-unit development, one component of a 4,000-home housing initiative in the borough.
Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
CBRE Brokers Sale of East Phoenix Community
Jeff Seaman, Brian Smuckler, Derek Smigiel and Bryson Fricke negotiated on behalf of both parties.
Primerica Group One Lands $34M Refi for Tampa-Area Community
The 252-unit development is situated on 32 acres in Land O’Lakes, Fla.
3650 REIT Arranges Loan for Los Angeles OZ Project
Hollywood Backlot Homes is a 10-acre manufactured home community in North Hollywood.
Coastal Ridge Secures Refi for 2 Indiana Student Housing Properties
Fifth Third Bank provided the loan for Overlook at Notre Dame and Irish Flats, serving students attending the University of Notre Dame.
Interra Realty Brokers Sale in Chicago’s South Shore
The team of Jon Morgan, David Goss, Ted Stratman, Lucas Fryman and Jeremy Morton facilitated the deal.
Pearlmark JV Grabs $21M for Nashville Project
Renasant Bank provided the three-year note for the 158-unit multifamily development, slated to begin leasing in mid-2021.
Tryko Partners to Purchase Rhode Island Facility
The company intends to invest $5 million at the 200-bed skilled nursing property in North Providence.
Nonprofit Snags $45M Refi for Memphis-Area Senior Community
The funding pays out existing Series 2012 bonds through a Cinderella Refunding scheme.