Finance & Investment
The Connor Group Refinances OH Property in $54M Deal
UBS Realty Investors sold The Estates at New Albany, which encompasses 428 units across 42 buildings. The property was 95.3 percent occupied at the time sale.
CBRE Arranges $73M Sale of Denver-Area Luxury Community
The Meadows is a garden-style rental property consisting of 24 two-story buildings spread across 14 acres in Castle Rock.
Private Sector Intervenes to Mitigate Gentrification in DC
Families throughout the metro are facing a workforce housing shortage that the Washington Housing Initiative aims to remedy. The organization’s leaders lay out their plan in an exclusive podcast.
Columbia Pacific Secures $118M for Senior Housing Portfolio
Capital One arranged the adjustable-rate loan for the company’s fee interest acquisition of a four-property, 518-unit senior housing portfolio spread across three states.
JV Pays $150M for Brooklyn Senior Housing Community
Located in Bay Ridge, Shore Hill Housing consists of two interconnected 14-story towers totaling 558 units for low-income senior residents.
Affordable Community Changes Hands in Columbus
The sale of Winchester Lakes involved two loans, one in the amount of $17.7 million and other loan of $3.5 million.
Cleveland’s Crystal Tower Changes Ownership
K&D sold the 268-unit building to Odin Properties in a $6.6 million deal. The purchase involved a $5.8 million loan held by Firstrust Bank.
Top 10 Multifamily Loans Originated in Albuquerque
Heightened multifamily sales activity in the metro during the first three quarters has led to a boost in lending, with several investors securing Fannie Mae and Freddie Mac financing to cover their acquisitions.
Michigan Communities Get $108M in Financing
Berkadia secured acquisition financing from Fannie Mae for two garden-style communities in Wyoming, Mich., and Grandville, Mich., on behalf of Torchlight Investors.
NC Community Sold for $38M
Cushman & Wakefield represented The Sterling Group in the sale to Dasmen Residential.