Finance & Investment
Nashville Community Gets $30M Refi
CBRE Capital Markets provided the loan, which retires an existing Fannie Mae mortgage on the 624-unit asset.
CBRE Arranges San Diego-Area Sale
Big Horn Investment Properties sold the two-building community for nearly $3 million.
San Jose-Area Luxury Property Commands $292M
A joint venture of Carmel Partners and Merlone Geier Partners sold the 330-unit community in Mountain View, Calif.
California Townhome Property Changes Hands
Levin Johnston of Marcus & Millichap advised the private buyer to offer $40.5 million for the acquisition.
JV Lands $100M for New Jersey Community
M&T Bank provided the financing for Harbor 1500, a 236-unit luxury building in Weehawken, N.J.
Fairfield Properties Buys Long Island Community
The purchase brings the firm’s portfolio in the town of Farmingdale to nine assets.
Olympus Property Acquires Suburban Austin Community
Sherman Residential, the previous owner, purchased the asset in 2016 for nearly $32 million.
Berkadia Secures $82M for Inland Empire Refi
The funds will be used to retire an existing debt on the 492-unit Silverado Apartment Homes.
JV Buys Brooklyn Luxury Community
Trinity Place Holdings and TF Cornerstone agreed to purchase the 234-unit asset in the Williamsburg neighborhood.
Adaptive Reuse Financing Game Plans
Creative funding strategies enable sponsors to transform vintage office, industrial and other properties into 21st-century multifamily communities.