Market Rate
Berkley Properties Secures $21M Refi for New York Community
The property last changed hands in 2016 and has since undergone $2 million worth of upgrades.
Top California Markets for Multifamily Deliveries
New product accounted for some 10,000 units across the state’s top 10 markets, according to Yardi Matrix data.
Invesco Forms $5B SFR Partnership With Mynd
The startup aims to acquire 20,000 homes across the U.S. as institutional investors boost their exposure to the sector.
EJF Capital, Chartwell to Invest $80M in Nashville OZ
The two-phase development will be located on the former Watkins College campus.
ACRE Provides $104M Financing for 3 Communities
The loans will go toward refinancing and renovating properties in Kentucky, North Carolina and Indiana.
Phoenix Community Changes Hands for $18M
The 96-unit garden-style property was nearly fully occupied at the time of the sale.
Stonemark Expands Management Portfolio
The company was tapped to handle operations at The Rey on Reynolds, a 286-unit property in Duluth, Ga.
ICYMI: MHN’s Top 5 Posts in May 2021
Miss any of our articles? Catch up with five of our most popular posts for the month.
Adaptive Reuse Project Lands $17M Loan in Providence
With help from Berkadia, the owner of a former mill turned into loft-style residences has obtained HUD 223(f) financing.
Merrimac Lands $72M Construction Loan for South Florida Community
The six-story property in Plantation, Fla., is expected to be completed by 2023.