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Fort Lauderdale Value-Add Portfolio Trades for $54M
New York Community Bank arranged a $40.1 million acquisition loan for Prism Multifamily Group.
KWA Construction Begins Phase II of Fort Worth Project
The second portion of the Columbia Renaissance Square development is scheduled for completion by the end of this year.
Coltown Properties Sells Brooklyn Portfolio for $82M
Merchants Bank of Indiana facilitated the 385-unit buy with more than $65 million in acquisition financing.
Monday Properties Breaks Ground on Virginia Development
The firm secured nearly $67 million in financing to begin construction of the 300-unit community in Alexandria, Va.
IPA Arranges Sale of Bay Area Multifamily Portfolio
The firm sold three properties totaling 150 units in Walnut Creek, Calif.
Urban Realty Partners JV Secures Loan for Atlanta Project
The development at 982 Memorial Drive has broken ground near the Eastside Beltline Trail.
Tzadik Management Closes on $80M Refi
The company secured permanent financing for two apartment portfolios totaling 1,100 units in Sioux Falls, S.D.
Suburban Nashville Community Grabs $30M Refi
The 10-year loan retires $40 million in existing debt at the 248-unit garden-style property.
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
UDR Sells Seattle-Area Asset for $50M
Berkadia provided the new owner with a $30.5 million Freddie Mac acquisition loan.