Finance & Investment
Walker & Dunlop Structures $54M in Financing for FL Portfolio
The lot includes five garden-style properties and 1,104 units in Jacksonville. The communities feature pools, fitness centers and leasing centers.
An Insider’s View of the Student Housing Business
Campus Advantage’s Michael Orsak and Josh Greenleaf discuss the best markets to invest in and their expectations from the sector going forward.
Brooklyn Tower Lands $380M Refi
Natixis arranged the loan on behalf of Douglaston Development for Level BK, a 40-story property located along the Williamsburg waterfront. Luxury amenities include an indoor/outdoor pool, a 24-hour business center and a furnished roof deck.
Avoiding the Hazards: Conquering Renovation Hurdles
Being aware of potential issues during this process can help make or break your efforts when it comes to updating a community. Here are four tips to keep in mind while implementing a capital improvements plan.
Oak Coast, BMC Investments Expand Denver Portfolio
The $78 million acquisition of St. Moritz Apartments is the sixth purchase the investment team has made together in the market.
HFF Lands $121M Financing for CA Development
Anton DevCo’s community, scheduled for completion in 2020, will include 266 units, 372 parking spots and 1,800 square feet of retail space.
Berkadia Brokers Fort Myers Community Transaction
Senior Managing Director Mitch Sinberg, Associate Director Matt Robbins and Director of Operations Jared Hill secured a $38.2 million Freddie Mac loan for the $55 million sale of Fountains at Forestwood.
Berkadia Arranges $509M for Single-Family Rental Portfolio
The owner, Front Yard Residential, has invested more than $125 million in maintenance and repairs to rehabilitate the assets. The properties comprise 4,813 units across 12 states.
Kidder Mathews Brokers San Diego-Area 1031 Exchange
Multifamily investment brokers Jim Neil, Eric Comer and Merrick Matricardi represented the buyer in the transaction involving a 26-unit apartment building in Clairemont, Calif.
Fundrise, RSE Capital Initiate $500M Opportunity Fund
The fund will enable the online purchase of shares in opportunity-zone projects. The initiative was possible after the new federal tax law introduced the Opportunity Zones program that provides tax incentives for long-term investment in designated areas.