Finance & Investment
Former MA Campus Building to Become Memory Care Facility
Benchmark Senior Living is developing the adaptive reuse and extension of a former Andover Newton Theological School campus building. The new memory care facility will incorporate 50 units.
2 Upstate NY Affordable Housing Properties Secure $21M
Riverside Charitable Corp. will acquire and rehabilitate Raymond Watkins Apartments in Sarasota Springs and John Guy Prindle Apartments in Ilion.
Bluerock Sells San Antonio Apartments via 1031 Exchange
A division of the firm purchased the 320-unit Class A community, which is located within The Dominion Country Club, last October.
HFF Arranges Financing for NC Mixed-Use
Williams Realty and Building Co. and Kane Realty Corp. are developing the Raleigh property, which will include 417 units, a supermarket, 5,340 square feet of retail space and 735 parking spots.
HFF Secures $115M Financing for VA Development
The company arranged the loan on behalf of Combined Properties Inc. for the development of Scout on the Circle, a 551,000-square-foot mixed-use project in Fairfax, Va.
Stellar Management Expands NYC Portfolio
The firm acquired a 42-unit building in Hamilton Heights, making it the owner of 37 percent of the residential properties along a five-block stretch of Broadway.
Expanding Workforce Housing Through Single-Family Investment
The Steinbridge Group CEO Tawan Davis discusses how his firm is carving a niche in the fast-growing sector and why this asset class represents an underrated target.
Dougherty Delivers Dallas Loan
Short-term bridge financing aided the purchase of Rosemont at Timber Creek, a 2002-built, 100-unit community that will be rebranded Beckley Townhomes.
Meridian Arranges Financing for NY Assisted Living Property
The 200-bed New Broadview is located next to the Verrazano Bridge on Staten Island, and provides assisted living and nursing services.
Nashville Asset Lands $31M HUD Loan
LSA Capital will begin extensive renovations to Haynes Garden Apartments, a 208-unit affordable housing property with 17 buildings.