Finance & Investment
Beachwold Residential Expands in Texas
The company has purchased Jefferson Landmark, increasing its Dallas-Forth Worth portfolio to more than 12 assets.
ConAm Group Sells Seattle-Area Apartments for $90M
Prudential Financial arranged a Fannie Mae acquisition loan on behalf of the buyer for Avery at the Reserve in Federal Way, Wash.
Fannie Mae: 2020 Multifamily Forecast Bright
A resilient economy along with job growth and consumer spending are among the trends that will help the industry stay the course this year.
Apartment Investors Share Tactics for Shifting Market
From capital flows to development and investment trends, industry leaders addressed the big picture at NMHC’s Apartment Strategies Conference in Orlando.
Morgan Stanley Provides $143M Refi for Bronx Portfolio
Black Bear Capital Partners arranged the loan package for a total of 18 properties.
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
Morgan Properties Buys Pittsburgh Apartments for $29M
CBRE Capital Markets provided more than $20 million in acquisition financing through Freddie Mac.
Charleston Opportunity Zone Project Lands $128M in Financing
Woodfield Investments and Argosy Real Estate Partners received a $100.6 million senior loan for a 380-unit development. Phillips Realty Capital also structured equity investment funding for the project.