News

Grandbridge Closes $105M Refi

The loans were for four separate multifamily properties in Georgia and Florida.

Arch Cos. Acquires 4-Property Portfolio in the Carolinas

The company purchased communities in Winston-Salem, N.C. and Spartanburg, S.C. for $61 million.

Developers Deliver Dallas-Area High-Rise

The 332-unit luxury community is part of the 242-acre Frisco Station mixed-use development.

Hunt Real Estate Secures $12M for Dallas-Area Buy

The borrower plans to implement energy-efficient upgrades at the 124-unit property in Arlington.

Manhattan Senior Housing Community Lands $69M Refi

Greystone facilitated the deal on behalf of the borrower. The loan replaces a prior Fannie Mae note.

Converted Reno Community Refinances

The Fannie Mae mortgage pays down a construction loan taken in 2017 to transform the 46-year-old former office building.

Tricon JV Pays $210M for Single-Family Rentals

The partnership between the Canadian firm and two large institutional investors snapped up the 708-home portfolio in Nashville, Tenn.

Pensam Makes Preferred Equity Investment in Newark

The 401-unit Forest Hill Towers was purchased for $73 million.

Forest Properties Sells Sarasota Community for $42M

The buyer is planning to undertake a thorough renovation of apartment interiors at the 267-unit property.

Could 2020 Bring a Buyer’s Market?

A new survey from Capital One found 74 percent of industry executives are looking to invest in properties next year while only 19 percent said they expect to be sellers.