Finance & Investment
DC-Area Community Gets $78M Refi Loan
PGIM Real Estate provided the 35-year, fixed-rate FHA loan to Bonaventure Realty Group for The Encore Apartments in Alexandria, Va.
In Case You Missed It: MHN’s Top 5 Posts in November
Miss any of our articles? Catch up with five of our most popular posts for the month.
FPA Expands San Antonio Portfolio
The Irvine, Calif.-based company acquired The Grand Estates at TPC, a 408-unit community located in the northern area of the city, close to multiple shopping centers.
Greystone Arranges $92M for PA Acquisition
The firm worked on behalf of a private buyer to secure the Freddie Mac loan for the acquisition of Lincoln Green, a 636-unit property in Philadelphia.
NY Nursing Facilities Get $100M in Financing
Greystone provided the refinancing loans for two skilled nursing facilities in the Bronx and Buffalo, N.Y. The borrower was Centers Health Care.
Passco Pays $63M for FL Property
The rental community is situated within the Crestview-Fort Walton Beach-Destin MSA, a market with growing demand for high-end apartments.
Interra Realty Brokers Sale of Vintage Chicago Community
An affiliate of LEM Equities paid $2.9 million for the mixed-use building. The deal resulted in one of the highest per-unit prices in the Bucktown neighborhood.
Investcorp Acquires $311M Multifamily Portfolio
The properties, totaling 2,876 units, include three communities in Houston, two in Tampa, Fla., and one in Salt Lake City.
HFF Facilitates $54M Financing for North San Diego Development
The 305-unit garden-style community will be located in the heart of Vista, a growing infill community close to employment centers.
DC-Area LIHTC Portfolio Changes Hands for $31M
Greysteel facilitated the sale of 286 units spread across three affordable properties, which are restricted to residents age 62 and over.