Finance & Investment
Marquette, Principal Real Estate Investors Form JV for Chicago Community
JLL Capital Markets arranged the joint venture equity partnership and a loan from a life company for Marq on Main, located in Lisle, Ill.
NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
Lexerd Expands North Carolina Footprint
The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
Hines Exits Las Vegas Multifamily Market in $80M Deal
The seller had purchased the 308-unit suburban community four years earlier for $58.2 million.
Extended Deadline for the 2020 MHN Excellence Awards
We’re accepting submissions for our annual awards program honoring the best in the industry. We have decided to keep our early-bird prices for the whole submission process, and the deadline has been extended to July 15th.
South Nashville Class A Community Scores $47M Refi
The new loan from Ares Management retires previous Fannie Mae financing taken for the 359-unit multifamily asset.
JV Sells Las Vegas Community for $79M
Tower 16 Capital Partners and Henley Investments acquired the 512-unit property in mid-2018 and invested more than $4 million into capital improvements.
Greystone’s CEO on Multifamily Lending, Affordability
Stephen Rosenberg, founder & CEO of the company, explains what makes the multifamily debt market so strong and how the firm plans to help reduce the affordable housing shortage.
Black Creek Borrows $63M for Maryland Community
JLL arranged the financing for the 333-unit property in Rockville’s Westside at Shady Grove neighborhood.