Finance & Investment
Long Island City Community Gets $65M Loan
The Freddie Mac mortgage secured by Greystone retires an existing construction loan and provides additional capital.
Insight Property JV Makes $59M Purchase in Washington, DC Metro
Berkadia secured $45.5 million in financing through Freddie Mac for the 219-unit property acquisition in Annandale, Va.
TSB Capital Advisors Arranges Financing for Cleveland Development
Apart from the three-bank loan, the project also received funding from state and local authorities.
Multifamily Trends in NYC, New Jersey: Similarities and Differences
Circle Squared Alternative Investments CIO Jeff Sica weighs in on the region’s multifamily market and what renters will be drawn to once the crisis subsides.
JLL Arranges Development Financing for Minneapolis-Area Community
The 202,122-square-foot NOVO will feature 192 units in Richfield, Minn.
Berkadia Arranges $44M Class B Portfolio Refi
The new loans pay down $28.8 million previously taken for Allmark Properties’ two communities in Texas and Southern California.
Q&A: A Closer Look at One of Florida’s Upcoming Urban Cores
Colliers’ Mika Mattingly and Bradley Arendt discuss the factors attracting potential investors to one of the last undeveloped urban areas located between Miami and Fort Lauderdale.
UDR Trades Suburban Seattle Apartments for $93M
Berkadia provided the buyer of the Class A property with a $59 million Freddie Mac loan.
Dinerstein Cos. Sells 378-Unit Houston Property
Walker & Dunlop originated $57.2 million in Freddie Mac financing for the purchase of Mezzo Kirby Med Center.
Raleigh-Durham Multifamily Wrap-Up – April 2020
RST Development pays $66 million for Durham asset. DeWitt Carolinas grabs construction financing. Here is our April selection of Raleigh-Durham must-knows.