Finance & Investment
Record Price for Inland Empire Luxury Community
Berkadia sold a 288-unit property for $89 million, or $309,027 a unit.
Chicago Presidential Towers Land $250M Financing
HFF secured the 10-year, fixed-rate loan on behalf of Waterton Residential.
HFF Secures Loan for Colorado Springs Community
The company worked on behalf of AP Investment Group to place the $3.6 million loan through Freddie Mac’s CME Program.
Development of Tall Residential Tower in Chicago Kicks into High Gear
Related Midwest has obtained a $240 million construction loan for its development.
Hunt Mortgage Facilitates $7M Refi for Multifamily Property
The Freddie Mac loan will be used to refinance Stone Crossing Apartments, a 142-unit apartment community in Springfield, Ohio.
ULI Special Report: Transwestern’s Top Players Talk Achievements and Goals
MHN spoke to Transwestern executives about their successes during the past year and expectations for the next.
JVM Realty Nabs Luxury Community in KC Suburb
The Residences at New Longview is a 309-unit property adjacent to another JVM community, the 206-unit New Longview Apartments.
JV Obtains $144M in Financing for Brooklyn Community
The project will include a number of relatively large, family-oriented units, a floor of dedicated amenities and about 6,000 square feet of ground-floor retail.
Walker & Dunlop Handles Acquisition Financing for NC Community
The company originated a $26 million loan for Waypoint Residential, which used the financing to acquire Waterlynn Ridge Apartments in Mooresville.
Robbins Electra Lands 296-Unit Orlando Property
The $26 million purchase marks the firm’s 30th multifamily acquisition in the last year, bringing its management portfolio to more than 21,000 units.