Finance & Investment
Raleigh Senior Living Asset Trades for $31M
Buyer Green Courte Partners plans to convert the recently completed property to a full-service independent living community.
Durham Condos Land $11M Construction Loan
The two-year mortgage will finance the development of 25 townhomes close to the city’s downtown.
JLL Arranges $64M Refi for Brooklyn Condo Project
A joint venture of SL Development and Local Capital Group received the loan for the development of a mixed-use project in Brooklyn’s Williamsburg neighborhood.
Connecticut Skilled Nursing Facility Lands $8M Refi
Greystone originated the 35-year loan for a 90-bed rehabilitation center in Plainfield.
Marquette, Principal Real Estate Investors Form JV for Chicago Community
JLL Capital Markets arranged the joint venture equity partnership and a loan from a life company for Marq on Main, located in Lisle, Ill.
NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
Lexerd Expands North Carolina Footprint
The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
Hines Exits Las Vegas Multifamily Market in $80M Deal
The seller had purchased the 308-unit suburban community four years earlier for $58.2 million.
Extended Deadline for the 2020 MHN Excellence Awards
We’re accepting submissions for our annual awards program honoring the best in the industry. We have decided to keep our early-bird prices for the whole submission process, and the deadline has been extended to July 15th.