News
NM Community Receives $25M Refi
NorthMarq arranged the financing through its in-house Fannie Mae platform for the 370-unit apartment community, located just a few miles from the Texas border.
Peak Campus Expands Southern Management Portfolio
The company will manage Station 42, a student housing community serving students at the University of South Florida. The property features 528 beds.
KC Development Receives $52M in Financing
West Bottom Flats will encompass 265 units and 5,500 square feet of commercial space. Completion of the $66 million redevelopment is targeted for 2020.
Westmount Acquires San Antonio Community
The Place at Houston Street is a garden-style asset with 200 units. The new owner is set to invest in improvements, including new fencing, a renovated pool and refreshed landscaping.
Bocchi Introduces New Fireclay Sink Design
Forte blends fireclay and aluminum in the design, making the new apron-front farmhouse sinks durable and thin. The slim profile saves space and offers more cubic volume.
Community Preservation Corp. Launches Mortgage Company
CPC Mortgage Co. will offer a suite of Freddie Mac, Fannie Mae and Federal Housing Administration products for the acquisition, refinancing, rehabilitation and construction of multifamily properties.
Manhattan Tower Lands $75M Refi Loan
Greystone closed the Fannie Mae loan to refinance Edison Properties’ 23-story luxury high-rise located on the Lower East Side.
Investcorp Acquires $330M Multifamily Portfolio
The eight communities encompass some 2,500 Class B units across the Southeast and Southwest.
197-Unit DC Property Changes Owner
Strategic Realty Holdings acquired Highland Ridge in Capitol Heights, Md. Greysteel facilitated the $22.1 million deal on behalf of the seller and procured the buyer.
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