Finance & Investment
CWS Capital Buys Phoenix Apartments
Walker & Dunlop originated more than $38 million in Freddie Mac acquisition financing for the buyer’s $60 million purchase of the Class A, 320-unit community.
Oakland Affordable Housing Development Lands $32M Loan
Parkview Financial provided the construction financing for a 102-unit adaptive-reuse, live/work rental property.
Cushman & Wakefield Brokers $56M IN Sale
Castle Rock, a 740-unit apartment property in South Bend, was acquired by a joint venture of Sinatra & Co. Real Estate, L5 Investments and Odyssey Properties.
Suburban Dallas Community Receives Supplemental Loan
Dougherty Mortgage secured a $3 million loan for the 134-unit Landen in Irving, Texas, which complements the existing acquisition financing.
Green Financing’s Growth and Growing Pains
Fannie Mae, Freddie Mac and PACE financing continue to lead the charge, with an increasing number of states expected to launch government-backed guaranteed mortgages.
Bridge Investment Pays $70M for Phoenix Community
The seller of the 460-unit Class B asset purchased the apartments in mid-2014 as part of a nearly $170 million portfolio deal.
Executive Q&A: Freddie Mac’s Deborah Jenkins
The GSE’s new head of multifamily discusses 2019 finance trends, workforce housing, the agency’s technological transformation and more.
Boston’s Population Pipeline Keeps Multifamily Resilient
Extreme challenges―like construction pricing and the land use process―will help push the metro’s deliveries steadily down over the next four years, according to new projections.
HFF Secures $135M Loan for 6 Student Housing Assets
The properties in the portfolio include University Downs Apartments and Condos, University View, Hillcrest Oakwood, Colonie Apartments, Southgate Apartments and Ella Lofts.
LaSalle Investment Management Acquires Dallas Property
Drawn to the metro’s growing population and strong job market, the firm has purchased a 152-unit luxury rental community in the affluent Turtle Creek submarket.