Finance & Investment
Capital One Wraps $51M Refi in DC Metro
Sponsor will repay construction loan on Fenwick Apartments, a 310-unit, D.C.-area development that opened in 2014 and combines affordable and market-rate housing.
Capstone Closes $15M Refi on 362-Unit Louisville Community
The owners of the property decided to refinance the existing debt plus the significant renovations it made to the property.
29SC Taps Stonemark to Manage Houston Community
The new owner plans to rebrand the community as Barringer Square Apartment and invest $2 million in renovations.
HFF Closes Sale of 315-Unit Atlanta Community
The property was acquired by a joint venture between PCCP LLC and Carroll Organization.
HFF Facilitates Sale of Austin Community
The Parker was subjected to an extensive renovation program in 2015.
Walker & Dunlop Closes $51M Loan for New Cali Property
The community is located near the heart of Silicon Valley and offers the high-tech features to match.
NorthMarq Capital Arranges $72M for Renaissance Square
The Legacy-SyRES undertaking is one of a number of apartment properties under construction in the busy Bay Area submarket.
Milestone Apartments REIT Announces Major Portfolio Acquisition
The six properties, comprising a total of 1,460 units, were purchased for $242 million.
Detroit Resumes Blight Removal Program, Receives $42M in Funding
The procedures for the implementation of the program have changed after a two-month assessment by the MSHDA at the Detroit Land Bank.
SL Green, BlackRock Form JV for $170M Manhattan Property
SL Green sold a 49 percent stake in 400 East 57th St., to BlackRock’s real assets arm, with plans to upgrade the property.