Finance & Investment
Elder Care Alliance Acquires Senior Community in California
The property sits on a 4.5-acre campus, a historic mid-century gem located 20 miles south of San Francisco and 15 miles north of Palo Alto.
GSP Secures $41M Financing for Colorado Acquisition
The loan for the Class A community in Colorado Springs was provided by Walker & Dunlop.
Partnership Lands $170M Loan for Luxury Chicago Tower
Oxford Capital Group and Quadrum Global secured financing for Essex on the Park, a 479-unit project on Michigan Avenue.
URS Capital Trades 3 Assets, Nabs 3 More
The New York-based company sold three apartment communities in South Carolina and Florida, and plans to invest in upgrading three other assets it bought during the second half of 2016.
Broadtree Buys Metro Atlanta Apartments for $23M
As part of the deal, the company assumed a $17.1 million Freddie Mac mortgage, which matures in 2023.
Las Vegas Community Changes Hands for $38M
Constructed in 2010, Spectrum consists of 14 three-story buildings situated on 9.8 acres.
Berkadia Secures $50M in Financing for Cleveland Project
The company secured the loan from Related Fund Management for the development of Centric Apartments, a 272-unit community.
American Copper Buildings Obtain $660M Financing Package
JDS Development Group and Largo Investments are developing two towers on the East River in Manhattan.
$35M Goes into FL Senior Living Expansion
Construction of Mallorca is underway and the renovations and expansions will be completed by the first quarter of 2018.
Continental Realty Purchases Grand Reserve at Tampa Palms
The company purchased the 17-year-old, 390-unit apartment community for $65.5 million.