Market Rate
How Will the Pandemic Impact Future Apartments?
While millions of multifamily residents sheltered in place for months during the nation’s COVID-19-imposed shutdown, apartments became makeshift offices, classrooms, gyms and hospital rooms.
Cape Advisors Lands $55M for Queens Project
JLL Capital Markets arranged the joint-venture financing for the 534-unit waterfront development in Astoria.
Ashcroft Capital Managers Acquires Florida Property for $56M
Cushman & Wakefield represented the seller, Kimball Key LLC, in its disposition of the 416-unit Anthem Clearwater.
West Nashville Asset Lands $32M Refi
The 10-year Freddie Mac loan retires HUD financing taken in 2013 to develop the 190-unit community.
Oak Coast Properties Grows Colorado Presence
The new owner spent $37.3 million on Cottonwood Terrace and financed the acquisition through a Freddie Mac loan.
Dominion Group Buys Tennessee Property
Grandbridge Real Estate Capital originated a $26 million loan for the acquisition.
PCCP, Excelsior Group Acquire Metro Minneapolis Community
Each of the 66 apartments at Mills Creek in Maple Grove, Minn., is a stand-alone unit.
Weinstein Properties Grows Fort Worth Footprint
The company financed the acquisition of the 303-unit Bowery at Southside with a $42.2 million bridge loan from Regions Bank.
Fannie Mae Provides $62M in Bronx Financing
Black Bear Capital Partners arranged the loans for nine properties on behalf of Finkelstein Timberger East Real Estate.
Brixton Capital Expands South Texas Portfolio
The acquisition of the 200-unit Gulf Breeze marks the second deal this year in Corpus Christi for the company.