Finance & Investment
Gateway Acquires St. Louis-Area Mixed-Use Community
The 8.3-acre property, which will be rebranded as The Westview, marks the company’s seventh acquisition in the St. Louis area within the last five years
Sacramento Multifamily Asset Commands $14M
JCM Partners sold the 76-unit community to IDS Real Estate Group, which landed an HFF-originated, $7.6 million Freddie Mac loan to finance the acquisition.
JCM Partners Sells Sacramento Community for $61M
The buyer, 29th Street Capital, financed the acquisition of the 417-unit multifamily asset with a nearly $47 million Freddie Mac loan.
Solomon Org. Acquires Pittsburgh Community for $41M
The buyer financed the acquisition of the 316-unit property with a $32.4 million Freddie Mac loan originated by M&T Bank.
Pittsburgh Community Changes Hands
The 124-unit Class C property was sold for nearly $5 million. The new owner financed the transaction with a $7.5 million acquisition and development loan.
Berkadia Facilitates $49M Financing for Chicago Redevelopment Project
The company arranged a non-recourse renovation loan with Granite Point Mortgage Trust on behalf of developer CEDARst Cos.
SC Affordable Housing Portfolio Gets $77M Upgrade
Greystone Affordable Development, Boyd Management Inc. and portfolio owner WWJ, LLC worked together with public and private partners to secure the tax-exempt bond transaction for the complete rehabilitation of 18 multifamily properties across the state.
JV Lands $36M Loan for NYC Condo Tower
The partnership plans to build a luxury condo building on the Upper West Side that will also include ground floor retail space.
HFF Secures $85M Financing for Memphis Mixed-Use Development
The historic 12-acre property was redeveloped into a “vertical urban village” encompassing 265 residential units, almost 646,000 square feet of commercial space and 65,000 square feet of retail space.
TruAmerica Expands Salt Lake City Footprint with $46M Buy
The 253-unit Country Lake in Silicon Slopes is the company’s fourth community in the metro. The new owner has plans to renovate the 1973-built property.