Finance & Investment
Kiser Group Brokers $38M Sale of Chicago Condominium Asset
ESG Kullen acquired all 250 units of The Flats on LaSalle, a former luxury hotel converted into apartments in early 2000.
Essex Realty Brokers Sale of Chicago Value-Add Multifamily Asset
The company represented both the seller and the buyer in the transaction of Lakeside Village of Mundelein, a 10-building community located in Mundelein, Ill.
Santa Barbara Luxury Asset Sells for $56M
Institutional Property Advisors of Marcus & Millichap brokered the sale of the 89-unit property, on behalf of a partnership based in Los Angeles.
Simbol Commercial Sells Kansas City High-Rise
Arbor Commercial Funding provided the buyer with $30 million of Fannie Mae acquisition financing for the purchase of the 35-story tower.
LaSalle Buys Twin Cities Communities
Clarion Partners earned approximately $68 million from the sale of the 241-unit portfolio, taking a loss compared with the seller’s acquisition cost of the assets in 2015.
Seattle Efficiency Community Changes Hands
Wilshire Capital Partners acquired the 75-unit property for nearly $18 million, financed with a loan from Bridge Investment Group Partners.
Miami Investor Acquires NH Senior Housing Asset
Black Salmon’s $28 million purchase of the New England community marks the commercial real estate company’s first foray in the senior housing sector.
Waterford Buys Newport Beach Portfolio for $31M
Kidder Mathews represented the buyer and seller in the deal, which included an assemblage of nine adjacent parcels encompassing an entire city block in Dover Shores.
Portland Tower Receives $97M Loan
The 348-unit rental community taking shape in the heart of the city’s CBD is being developed by Alamo Manhattan. HFF arranged the financing on behalf of the developer.
Partially Affordable Brooklyn Community Receives $32M Loan
Caesura is a recently completed, 132-unit residential building in the borough’s Cultural District. HFF Managing Director Steven Klein and Senior Director Geoff Goldstein worked on behalf of the borrower.