Finance & Investment
Napali Capital Sells 105-Unit Fort Worth Asset
Dougherty Mortgage secured a $7.4 million Fannie Mae loan on behalf of the new owner.
Axonic Properties Sells St. Petersburg Residential Asset
GPK Holdings paid almost $18 million for the 138-unit property, financing the purchase with a Freddie Mac loan from CBRE.
Sherman Residential Picks Up Kansas City Luxury Community
The company made its second acquisition in the market with the purchase of a 250-unit property.
Revamped DC Community Trades for $14M
The seller invested more than $1.5 million in capital improvements at Glenwood Apartments.
Houston Community Receives $23M Loan
Voya Financial provided the three-year mortgage to fund the acquisition of Oak Grove Apartments.
NNC Apartment Ventures Buys Las Vegas Asset for $52M
Berkadia facilitated the transaction with a Freddie Mac loan set to mature in 2030.
Walker & Dunlop Provides Refi for Senior Housing Communities
The company accessed the two permanent notes through HUD’s Lean loan program. The properties are located in West Texas and Northern Alabama.
Moinian Group Secures $105M Refi for Manhattan Property
The new financing, which will be used to replace the existing construction loan debt, was issued by Bank of China.
4 Questions With JP Morgan Chase’s Kurt Stuart
The head of commercial term lending for the Northeast discusses financing, interest rates and legislative change in the late-cycle environment.
Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.