Finance & Investment
Hunt Mortgage Arranges $5M for Philadelphia Asset
The firm arranged for a seven-year fixed rate loan on behalf of MM Equity Partners Philly for the acquisition of the 30-unit Reach Lofts.
OC Community Commands $417K Per Unit
Avison Young represented the new owner, Cameron Properties, in the $9.2 million deal; the seller, Brandywine Properties, was represented by CBRE.
Greystar Expands Denver Holdings
The firm purchased Waterford Place, a garden-style community in Thorton, Colo., with plans to renovate the property’s units and common areas.
MHN’s Top 5 February Posts
Miss out on any MHN stories in February? Here are five of our most popular articles for the month.
San Diego Community Lands $6.2M Refi
Situated in the heart of Little Italy, VIVO Little Italy is a seven-story property featuring a mix of studio, one- and two-bedroom floor plans.
True North Sells 512-Bed TN Community
The property, which also landed new management, offers a mix of one- to four-bedroom student apartments near Middle Tennessee State University.
Elmington Lands $24M Construction Loan
The two-year HUD loan will finance the development of Twelfth & Wedgewood, a 153-unit affordable housing project in Nashville.
Aztec Group Secures Sale of 27 KSF Fort Lauderdale Site
Broman and Uri Redler of Moderno Development exclusively engaged the company to sell the 27,000-square-foot site. Managing Director Peter Mekras arranged the transaction.
WNC Earmarks $94M for CA Affordable Portfolio
A recently closed LIHTC fund is providing capital to acquire and renovate 972 units in Los Angeles, Sacramento and other California cities.
Castle Lanterra Sells $50M Chicago Community
The 424-unit Midpointe underwent extensive upgrades to both the interiors and exteriors, including the addition of a resident lounge and fitness center created from underutilized storage space.