Finance & Investment
Walker & Dunlop Earmarks $70M for Southeast Portfolio
The company arranged the funding for Capital Square 1031’s purchase of two properties in Virginia and one in Georgia.
CBRE Closes $82M Sale of CO Community
Executive Vice Presidents Dan Woodward and David Potarf, along with Senior Vice President Matthew Barnett, represented Seagate Properties in the disposition of Environs in Westminster.
HFF Secures $50M Durham Acquisition Loan
The company debt placement team working on behalf of borrower Lantower Residential included Senior Directors Jamie Leachman and Roger Edwards.
Berkadia Arranges $46M Loan for Miami Residential Tower
Charles Foschini and Christopher Apone of the firm’s South Florida office arranged the three-year term loan, representing the buyer. The waterfront tower sits along the Miami River.
Kiser Group Reps Buyer of Chicago Multifamily Portfolio
The two properties are located in Evanston and used to belong to Stephen Matic. Danny Mantis and Lee Kiser represented the buyer in the $17 million deal.
FCP Sells Affordable Communities in DC Area for $56M
The properties are part of the larger St. Charles portfolio that the company purchased in 2009 and is selling in stages.
Oak Residential Expands Atlanta Footprint
The purchase of The Celebration at Sandy Springs marks the firm’s sixth investment in the market. NorthMarq Capital arranged $23.5 million of acquisition financing on behalf of the buyer.
Inside Lendlease’s Super $2B Partnership
Lendlease Managing Director Jason Alderman details the company’s venture with First State Super. The newly formed platform made its first two multifamily acquisitions, totaling $400 million, in Chicago and Boston.
NJ Development Gets $52M
Cushman & Wakefield facilitated a construction loan for Waypoint Residential, which will redevelop 435 Main St. in Hackensack into 235 Class A units.
Marcus & Millichap Closes Chicago Multifamily Deal
The value-add affordable property located in the South Austin neighborhood includes ground-floor retail and is close to Interstate 290 and Loretto Hospital.