Finance & Investment
Tampa Bay Community Sells for $56M
CBRE provided a $38.8 million Freddie Mac loan for the purchase of the 416-unit community in Clearwater.
PAC Lands $41M Tampa Refi
The Freddie Mac loan retires a $30.3 million mortgage taken on the 296-unit property in 2013.
Partially Affordable Community Opens in Metro Washington, DC
RST Development broke ground on the 70-unit project in the fall of 2018, having multiple financing sources.
Global One Purchases New York Vintage Community
The six-story property in the Forest Hills neighborhood of Queens includes 115 units and ground-floor office space.
Berkadia Secures $17M Refi for Indianapolis Community
Senior Directors Michael Zaremski and Michael Shmuely arranged the financing on behalf of a private investor.
Freddie Mac Promotes Key Investment Executive
Ling Xu’s current responsibilities include managing the GSE’s multifamily portfolio strategy, hedging and balance sheet management.
Greystone Arranges $120M to Redevelop Texas Affordable Communities
The portfolio features 23 properties located across 14 counties.
Merchants Capital Names New National Sales Head
A former Freddie Mac senior director, Dwayne George will be an executive vice president and head Merchants’ national sales team.
Berkadia Secures Preferred Equity for Los Angeles Purchase
Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick delivered the financing partner for the 147-unit community’s acquisition.
Harbor Group International Sells Kansas City Asset for $82M
Berkadia’s Mid Markets Group handled the complicated closing for the 807-unit multifamily property.