Finance & Investment
Top 5 Multifamily Transactions in Nashville
Several major deals have closed so far this year, with the bulk of sales including older assets in one quadrant of the metro.
Chicago High-Rise Lands $70M Financing
The Fannie Mae loan, provided by Greystone for Maryland-based Foundation Housing, will help keep the 256-unit community affordable for lower-income residents for many years to come.
Equity Residential Makes $165M Boston Sale
ING Group provided LaSalle Investment Management and Jefferson Apartment Group with more than $104 million in acquisition financing for a rental community in the city’s Fenway-Kenmore neighborhood.
Related Cos. Sells Affordable South Bronx Community
Prana Investments purchased the 252-unit River Court and Gerard Court. Hodges Ward Elliott’s Daniel Parker, Paul Gillen and Ariel Tambor acted on behalf of the seller.
Cortland Sells Charlotte Community for $107M
Anson at the Lakes, a Class B multifamily asset with nearly 700 units, last changed hands in early 2015 for $60.2 million.
Baltimore Luxury Community Nabs Refi Loan
Hunt Real Estate Capital arranged the Fannie Mae conventional multifamily financing for a partnership of local developer Mark Sapperstein and Kinsley Equities.
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.