Finance & Investment

KeyBank Arranges $140M Refi for 3 Communities

The multifamily properties totaling 950 units are owned by Keller Investment Properties in Utah and Arizona.

3D Investments Trades Las Vegas Community for $19M

The 193-unit garden-style community, built in the 1970s, last changed hands two years ago for $11 million.

Podcast: Getting Creative With Affordable Housing Lending

Merchants Capital President Mike Dury discusses mortgage lending activities for the affordable housing market. Tune in to hear his take on what’s ahead.

Dominium Expands Dallas Presence

Canadian Imperial Bank of Commerce originated a $20.7 million loan for the acquisition of a 200-unit property.

InvestRes Sells Tampa-Area Portfolio for $29M

The two communities in Bradenton, Fla., total 297 units with one property designated fully affordable.

Vulcan Sells Seattle Community for $98M

JLL brokered the sale of Augusta, a 210-unit property that includes ground-floor retail.

Metro Jacksonville Community Changes Hands

Proxima Asset Management sold a 120-unit garden-style community in Orange Park, Fla. Cushman & Wakefield assisted the seller in the transaction.

Jersey City Community Scores $168M Loan

The financing will fuel construction of a 350-unit rental tower as part of a planned 1,000-unit development.

Harbor Group Pays $59M for DC Luxury Community

JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.

Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market

Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.