Finance & Investment
Transactions: April 2020
A short list of recent major investment sales and financings from coast to coast.
Fannie, Freddie Raise Reserve Requirements as Loan Standards Tighten
Meeting the higher standards for reserve capital is likely to be a tall order for many borrowers, reports Paul Fiorilla of Yardi Matrix.
Sacramento-Area Community Gets $15M Refi
Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.
WNC Raises $129M for Institutional LIHTC Fund
The latest LIHTC fund from the Irvine, Calif.-based firm will develop and renovate more than 1,600 affordable housing units in nine states.
South Florida Community Scores $25M Refi
Berkadia worked on behalf of the owner to arrange a 10-year, fixed-rate Fannie Mae loan.
ICYMI: MHN’s Top 5 Posts in March
Miss any of our articles? Catch up with five of our most popular posts for the month.
Fore Property Co. Sells Inland Empire Community for $68M
Avison Young represented the seller in its disposition of the 182-unit luxury property in Rancho Cucamonga.
Graycliff Capital Partners Expands North Carolina Footprint
The firm has acquired the 380-unit Reserve at Asheville, a townhome-style apartment community in Asheville, N.C.
Berkshire Residential Sells Los Angeles Mixed-Use Property
JLL represented the seller in its disposition of One Santa Fe, located in the Arts District.
Charlotte Multifamily Wrap-Up – March 2020
Terwilliger Pappas grabs construction loan. Arlington Properties breaks ground on luxury community. Read our March list of Charlotte must-knows.