Finance & Investment
Hunt Real Estate Secures $12M for Dallas-Area Buy
The borrower plans to implement energy-efficient upgrades at the 124-unit property in Arlington.
Manhattan Senior Housing Community Lands $69M Refi
Greystone facilitated the deal on behalf of the borrower. The loan replaces a prior Fannie Mae note.
Converted Reno Community Refinances
The Fannie Mae mortgage pays down a construction loan taken in 2017 to transform the 46-year-old former office building.
Tricon JV Pays $210M for Single-Family Rentals
The partnership between the Canadian firm and two large institutional investors snapped up the 708-home portfolio in Nashville, Tenn.
Pensam Makes Preferred Equity Investment in Newark
The 401-unit Forest Hill Towers was purchased for $73 million.
Forest Properties Sells Sarasota Community for $42M
The buyer is planning to undertake a thorough renovation of apartment interiors at the 267-unit property.
Could 2020 Bring a Buyer’s Market?
A new survey from Capital One found 74 percent of industry executives are looking to invest in properties next year while only 19 percent said they expect to be sellers.
RISE Properties Trust JV Acquires Seattle Apartments
Mesa West Capital provided $52 million in first mortgage debt for the acquisition and repositioning of Joseph Arnold Lofts.
Griffin Capital Buys 238-Unit Houston-Area Community
The suburban property last traded in 2013 as part of a 24-asset multifamily portfolio.
Portland Multifamily Portfolio Trades for $26M
Trion Properties landed $19.1 million in acquisition financing for the 162-unit, suburban value-add portfolio.