News
Berkadia Secures $148M for 4 Communities
The refinancing deals covered properties in Virginia, Maryland and Montana and included three Freddie Mac loans.
JLL Secures $30M for New Jersey Community
Thomas Didio and Gerard Quinn led the team working on behalf of the borrower, Tower Management Service.
Veterans Affordable Community Underway in Northern Virginia
The $80 million project is slated for a 2022 completion.
Pairing Sustainability and Affordable Housing With Sadie McKeown
CPC Executive Vice President & Head of Construction Lending Sadie McKeown on energy efficiency and green initiatives in the affordable housing sector.
Turner Impact Capital Acquires Dallas-Area Affordable Property
The acquisition marks the 10,000-unit milestone for the firm.
Knighthead Funding Originates 3 Michigan Loans
The financing will be used for various projects in Detroit, Traverse City and Ann Arbor.
North Tampa Community Lands $50M Refi
Walker & Dunlop provided the 10-year Freddie Mac mortgage which retires two CMBS notes of nearly $37 million.
Coronavirus Dents Multifamily Development
New supply expectations fall this year, but future construction impact hinges on the downturn’s severity and length.
Northern Columbus Community Lands $35M Fannie Mae Refi
The financing replaces $29 million in construction financing at the 196-unit Station 324.
Interra Realty Arranges $3M Suburban Chicago Sale
Senior Managing Partner Joe Smazal, Managing Partner Pat Kennelly and Director Paul Waterloo facilitated the transaction.