Finance & Investment
Colliers Arranges $35M San Diego-Area Sale
Peter Scepanovic and Corey McHenry assisted the seller in the disposition of a 137-unit Escondido community.
Mill Creek, QuadReal Form $421M JV
The two firms are planning their first development, the 429-unit Modera Six Pines in The Woodlands, Texas.
Suburban Dallas Community Gets Refi
Dougherty Mortgage arranged the 12-year Fannie Mae loan on behalf of Class B property’s owner.
CBRE Global Investors Buys Houston Community
The 281-unit Elan Med Center is located within Texas Medical Center, the world’s largest medical complex.
Hamilton Zanze Acquires St. Louis Community
The firm’s purchase of Steelyard & Icehouse Apartments marks its second in the metro within the last six months.
Freddie Mac Boosts Multifamily Forbearance Program
Updates to the COVID-19 forbearance program offer additional relief to borrowers and renters facing hardship.
CBRE Arranges Financing for Salt Lake City-Area Project
The firm’s Debt & Structured Finance team secured a $19.3 million loan for the partially affordable development.
StoneRiver Secures Financing for Tennessee Acquisition
Hunt Real Estate Capital provided the loan for the purchase and renovation of Rise at Signal Mountain in Chattanooga, Tenn.
Hines JV to Begin Construction on Washington, DC Mixed-Use Project
The Hartley will be part of a $1 billion mixed-use neighborhood on the former site of the Walter Reed military medical complex.
More Apartment Operators Move to Flex Payment Models
At a time when many renters face financial hardships because of COVID-19, multifamily operators are responding with a variety of payment alternatives that can ease the strain on residents’ wallets.