Finance & Investment
Knightvest Capital Pays $42M for First Raleigh Asset
The 250-unit Ashton last changed hands for a little over $23 million in 2013.
North Nashville Project Lands $36M Loan
Bank of America and a local authority originated two notes which mature in 2022.
KeyBank Secures $25M for Phoenix-Area Affordable Asset
Robbie Lynn and Steve Sparks structured the acquisition and renovation financing for the 127-unit property in Chandler.
Mogharebi Group Closes San Diego-Area Sale
The team of Alex Mogharebi and President Otto Ozen spearheaded the $8.6 million deal.
Phoenix Community Changes Hands for $13M
The buyer financed the purchase with a $9.5 million Freddie Mac loan from Prudential Financial.
Elevation Financial Group Picks Up Memphis Property
The company purchased a 155-unit senior housing community, the seventh acquisition by its Elevation Real Property Fund VII in the past ten months.
LaTerra, QuadReal Form $250M Multifamily JV
The U.S. developer and Canadian real estate investment firm are teaming up to build two communities in the Los Angeles area.
JV Scores $73M Loan for Sacramento Student Housing Project
The 223-unit mid-rise property is located within walking distance of the local California State University campus.
BridgeForth Capital Refinances Charlotte-Area Senior Community
The firm secured almost $20 million in financing for the 88-unit assisted living and memory care property in Rock Hill, S.C.
Why Short-Term Lending Works in Times of Crisis: Q&A
Sam Greenblatt, president & CEO of Electra Capital, on optimal capital solutions and amending underwriting standards amid COVID-19.