News
Common Unveils $300M, 4-City Expansion Plan
The co-living brand will launch new communities in four major U.S. cities over the next three years, adding to its current roster of six metros.
NorCal Senior Housing Property Lands $26M Refi
Cushman & Wakefield has secured the first mortgage loan for the 148-unit assisted living and memory care community delivered in the fall of 2016.
Manhattan Community Lands $136M Green Loan
Freddie Mac extended the 10-year loan to Rachel Bridge owner Clipper Equity, in a deal arranged by Walker & Dunlop. The financing will facilitate property renovations to cut down on energy and water usage.
2 NYC Projects Land $181M in Financing
Merchants Capital secured financing for two affordable housing developments in the East Harlem and Flatbush neighborhoods that together total 659 units.
FSC Realty Buys Seattle-Area Community for $58M
The real estate investment firm picked up the 230-unit multifamily asset from Goodman Real Estate. Berkadia arranged the sale of the property, located in the Seattle suburb of Lynnwood.
Cushman & Wakefield Arranges $63M Sale of FL Community
The firm represented a joint venture between Providence Real Estate and Aegon Real Assets US in its acquisition of The Park at Via Rosa in Brandon.
Could Opportunity Zones Impact Residential Condo Developments?
One Nashville real estate investor and developer said the unintended consequence of Opportunity Zones in the rapidly growing city could mean a further constraint on the condo market, particularly in the downtown core.
Zillow Launches Mortgage Lending Platform
The real estate listings giant has announced that it will offer mortgages to consumers through Zillow Home Loans, a rebrand of the former Mortgage Lenders of America.
Upscale Boston-Area Community Breaks Ground
Developed by The NRP Group with construction financing from Capital One Financial Corp., the 145-unit property is situated directly across from Revere Beach on the Atlantic Ocean in the city of Revere.