Finance & Investment
Jacksonville Community Trades for $13M
Berkadia originated nearly $11 million in Freddie Mac acquisition financing for the buyer of the 162-unit partially affordable property in the southeastern part of the city.
Canada Invests $357M in Affordable Housing
The Canada Mortgage and Housing Corp. will build and fund more than 700 new rental housing units for middle-class families in Toronto.
Top 5 Apartment Owners in Raleigh-Durham
The overwhelming majority of the metro’s multifamily owners are regional and national investors, drawn by The Triangle’s strong market fundamentals.
Why Invest in Philadelphia’s Multifamily Market
Morgan Properties’ Christine Beechan shares her views on the metro’s fundamentals and discussed the company’s expansion strategy in Pennsylvania and beyond.
Strategic Capital Scores $70M Loan for NY Tower
NKF arranged the financing on behalf of the Chinese-backed developer. The 213-unit luxury community in Yonkers, River Club at Hudson Park, is currently being leased.
Eller Capital Buys NC Community for $19M
Carroll Org. sold the 188-unit multifamily asset less than a year after acquiring it as part of a 40-property portfolio.
A Lender’s View of the Student Housing Investment Market
Walker & Dunlop Managing Director Will Baker describes how the student housing investment landscape has changed over the years and reveals some tips that could help borrowers stay competitive going forward.
Greystone Arranges Fannie Mae Loan for TX Asset
The Green Rewards refinancing loan, which carries a 10-year term, is estimated to reduce the property’s utility usage by 30 percent.
Tampa-Area Community Commands $39M
MLG Capital acquired the 350-unit multifamily property northeast of downtown Clearwater, Fla., assuming more than $28 million in Fannie Mae financing from the seller.
Ashcroft Capital Buys 548-Unit Community
The buyer financed the acquisition of MacArthur Place at 183 with a $42 million loan from Voya Financial. The community last traded in 2014 as part of a five-property portfolio.