Finance & Investment
Q&A: EB-5 Stakeholders Bank on Future Changes
A program that became a vital source of capital following the last downturn is getting a makeover. We asked Mark Edelstein of Morrison & Foerster to explain the impact of the overhaul on U.S. sponsors.
Fort Lauderdale Community Trades for $103M
Frankforter Group acquired the new 420-unit Atlantic Cypress Creek in South Florida.
Abacus Capital Group Grows Seattle Presence
A team from Berkadia represented the seller in the $59.5 million disposition of The Renton Sage, a 284-unit community in Renton, Wash.
FPA Pays $34M for Los Angeles-Area Community
The 108-unit property was 95.4 percent occupied as of October, per Yardi Matrix data.
Ginkgo Residential Buys Back Durham Property
A NKF team of Alex Okulski, Jason Kon, John Munroe, Sean Wood, John Heimburger and Dean Smith brokered the sale of 501 Towns.
Presidium Group Sells Fort Worth 265-Unit Community
NorthMarq Capital arranged a $19.9 million Fannie Mae acquisition loan for the new owner.
Denver-Area Property Scores $40M Refi
The owner of the 2017-built community refinanced an existing CMBS loan originated last year.
Newly Renovated 280-Unit Dallas Property Changes Hands
The 1971-built community last traded two years ago, when MBP Capital acquired it from Crest Asset Management.
Portland Luxury Asset Sells for $24M
Kidder Matthews assisted C.E. John Co. in the disposition of a 51-unit high-end property located in the Alphabet District.
Affordable Senior Community Changes Hands in Baltimore
BCI Management paid roughly $8 million for the 100-unit property located in the Gwynn Oak submarket.