Finance & Investment
TruAmerica Still Bullish on Value-Add Buys
Robert Hart talks about how to overcome challenges in hot West Coast markets and reveals why opportunity zones are not yet a target for the multifamily investment firm.
LIHC to Preserve East Harlem Affordable Community
The firm has funded more than $20 million in capital improvements for Lakeview Apartments, which was constructed in 1974 and comprises four buildings.
JV Acquires Las Vegas Community for $50M
Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.
Gebroe-Hammer Arranges $32M Multifamily Sale
A team of brokers that included Greg Pine, Stephen Tragash and Eli Herskowitz represented Woodmont Properties in selling its Bridgewater, N.J., development.
2 Vegas Properties Command $60M
Westland Real Estate Group acquired Liberty Village Apartments and Village Square Apartments, adding 1,129 units to its portfolio.
NKF Capital Markets, Berkeley Point Capital Refinance Tampa Asset
Brookview at Citrus Park includes 400 units, as well as a sports pub, a dog park and a fireside lounge.
Affordable Atlanta Community Secures $15M Loan
The Benoit Group’s 180-unit Bethel Towers Apartments will undergo major renovations and share ownership with a local church congregation.
Passco Lands $31M Loan for MS Community
KeyBank originated a Fannie Mae first mortgage loan for the acquisition of The District Lofts in Jackson, Miss. The loan is fixed-rate with a 10-year term and a five-year interest-only period.
Colliers Arranges $11M Sale of Affordable FL Asset
Senior Vice President Kevin Morris worked on behalf of both parties in the disposition of Grande Court North Port, a fully leased 128-unit community.
In Case You Missed It: MHN’s Top 5 Posts in September
Miss out on any of our articles? Catch up with five of our most popular posts for the month.