Finance & Investment
Preferred Apartment Communities Sells Nashville Asset
A joint venture between Security Properties and Reinsurance Group of America picked up the suburban 364-unit community for $55 million.
AMG Sells Dallas Asset to S2 Capital
S2 Capital picked up the 480-unit community, financing the acquisition with a $13.5 million loan originated by InPoint Commercial Real Estate Income.
Chicago-Area Community Trades for $131M
FPA Multifamily picked up the 758-unit asset, financing the acquisition with a 12-year, $95 million Fannie Mae mortgage originated by Berkadia.
Coastal Ridge Adds to OH Portfolio
The Edge at Arlington, previously known as LeMans Village, has 229 units and amenities include 12 laundry facilities and a basketball court.
JV Acquires NYC Portfolio for $60 Million
Greystone provided $45 million in bridge financing for the three buildings located in Washington Heights, Morningside Heights and West Harlem.
The Connor Group Buys Atlanta Community for $39M
CF Real Estate Services was represented by CBRE in the sale of Ardmore & 28th, a 165-unit property in the Buckhead submarket.
MG Properties’ Strategy Shift
CEO Mark Gleiberman explains the company’s philosophy and outlines its strategy for 2018 and beyond.
KeyBank Arranges $63M for Multifamily Portfolio
The properties include Cambrian in Aurora, Colo.; Ascott Place in Tampa; and The Cascades in Phoenix. The loans were secured through Fannie Mae.
Natixis Lends $45M for Houston Multifamily Acquisition
The 244-unit Venue Museum District is a luxury two-building property located in Houston’s cultural heart.
Trinity Properties Lands $300M Refi in San Francisco
PGIM Real Estate Finance provided the refinancing package on eight of the owner’s communities.