Finance & Investment
RedHill Realty Purchases $72M WA Community
Berkadia arranged the sale on behalf of FPA MultiFamily in its disposition of MIRO at Dash Point, a 386-unit garden-style property in Federal Way.
Helge Capital Closes $62M in Financing for MA Portfolio
The 19-building multifamily portfolio consists of workforce housing with a combination of market-rate and affordable apartments in Boston and Lynn, Mass.
Video: What Multifamily Borrowers Need to Know
New players. New products. New hot markets. MHN sat down with Northmarq Capital’s John Reed to find out what investors should know about the dynamic capital markets for multifamily real estate.
TX Community Secures $49M Freddie Mac Loan
The 216-unit student housing community offers convenient access to Texas Tech University and to the city’s downtown area. Berkadia represented Kayne Anderson Capital Advisors LP and Capstone Collegiate Communities.
Freeman Webb JV Refinances TN Apartments
Newmark Knight Frank Multifamily Capital Markets originated $29 million in financing through Fannie Mae for a property in Nashville. The mortgage retires a prior loan of $21.7 million.
Nashville Community Gets $39M Refi
PGIM Real Estate Finance originated the new 10-year Freddie Mac loan, which retires CMBS debt of nearly $34 million taken in 2015.
Cushman & Wakefield Brokers Sale of Luxury AZ Asset
Executive Managing Directors David Fogler and Steven Nicoluzakis represented the seller of the 150-unit Class A community in downtown Tempe.
Freddie Mac, NEF Launch New LIHTC Fund
The fund’s first three investments in Houston and Los Angeles total more than $60 million and come several months after Freddie Mac re-entered the LIHTC market.
Berkadia Completes $76M Sale of Orange County Area Property
The company worked on behalf of A & M Properties in the acquisition of ReNew at the Shops, a garden-style apartment community situated in a tight multifamily market.
Harbor Group Pays $51M for Nashville Community
Greystone originated more than $40 million in Freddie Mac acquisition financing for the buyer of the 407-unit Class B multifamily asset.