Market Rate
Sinatra & Co. Lands $61M for New York Communities
The new note will refinance a 769-unit portfolio comprising three communities in metro Rochester.
JPI Secures Financing for SoCal Development
The project in Placentia, Calif., will feature 418 luxury apartments and more than 8,200 square feet of retail space.
CAPREIT Acquires Virginia Portfolio for $167M
The four properties span more than 1,000 units in the Richmond-Hampton Roads market.
Eight Bay Advisors Lands $145M Financing for Utah Communities
Walker & Dunlop arranged the three HUD loans for properties in West Jordan, Orem and Salt Lake City.
Pre-Leasing Underway at Altman Cos. Florida Property
The 320-unit community is located about 30 miles northwest of Miami in Miramar, Fla.
LOCAL Ventures Secures JV Equity, Construction Loan for Boise Project
A Cushman & Wakefield team arranged the package for the construction of a 252-unit downtown community.
Rastegar Launches $200M Multifamily REIT
The Austin-based firm will invest in older apartment communities in the Sun Belt region.
North Phoenix Community Trades for $24M
The new owner, Rise48 Equity, secured a non-recourse, variable interest rate loan which matures in 2031.
Starwood Sells Miami-Area Community for $64M
Praedium Group purchased the Class B community in Plantation, Fla., with Berkadia originating a Fannie Mae loan.
Neuberger Berman Arm Commits $320M to Workforce Housing
Almanac Realty Investors is banking on middle-market multifamily assets through the new partnership with Asia Capital Real Estate.