Finance & Investment
TF Cornerstone Scores $374M Financing for Manhattan Towers
The New York State Housing Finance Agency and Wells Fargo Bank provided the debt for the 835-unit development.
Greystone Arranges Refi for San Francisco-Area Community
The Fannie Mae loan refinances two existing loans on the property in Sausalito, Calif.
Fairstead Pays $30M for Fort Lauderdale Senior Housing
The buyer of the 123-unit Section 8 community in Sunrise, Fla., plans to invest in a multimillion-dollar rehabilitation program.
Pebb Capital Sells 180-Unit Arkansas Property
The firm acquired the asset in 2016 and converted it from a 504-bed student housing property to a 180-unit community.
Prism Multifamily Buys Value-Add Portfolio in Florida for $54M
Newmark Knight Frank negotiated the sale of Hamlet Plantation and Continental Apartments on behalf of the seller.
Lightstone Lands $30M Loan for Suburban Indianapolis Asset
Greystone secured the acquisition financing for the 280-unit garden-style community in Noblesville, Ind.
Capstone Closes Loan on San Diego Student Housing
The financing was provided by Bank of America for an on-campus residence at San Diego State University.
Nashville Shipping Container Project Changes Hands
FMBC Investments sold the 83-unit, under-construction development for more than $11 million.
Berkadia Arranges $32M Acquisition Loan for Orlando Asset
Senior Managing Director Charles Foschini and Managing Director Christopher Apone arranged the 10-year Freddie Mac financing.
CIG Capital Lends $125M for Georgia Project
The 624-unit apartment property will hold its ribbon-cutting ceremony in August.