Market Rate
Northern California Office Park Begins Multifamily Conversion
The under-utilized office complex known as Waters Technology Park will be redeveloped into four neighborhoods in San Mateo.
Sovereign Property Management Secures $92M for Delaware Portfolio
The owner landed refinancing loans for four apartment communities totaling 902 units.
Avid Realty JV Acquires Houston-Area Community
The buyer also assumed the outstanding balance of a Fannie Mae loan originated in 2017.
FCP Sells Washington, D.C.-Area Community for $82M
Potomac Vista Apartments is situated between the U.S. Army’s Fort Belvoir and the U.S. Marine Corps Base Quantico in Virginia.
Dwight Capital Closes on $40M Las Vegas Loan
The HUD financing features competitive terms at a time when many lenders are struggling.
Greystone Arranges Construction Financing for Jacksonville-Area Project
The 188-unit community in Yulee, Fla., is being developed by Davis Heritage.
Mack-Cali Affiliate Lands $162M Refi for Arlington Asset
The 825-unit apartment community is located near Amazon’s planned HQ2 development in Crystal City.
RISE Properties JV Pays $67M for Seattle Community
The buyer of the 185-unit multifamily asset assumed a $35 million loan which Cigna had originated in 2017.
Pennybacker Capital Spends $42M in Phoenix
JLL provided nearly $32 million in acquisition financing for the 302-unit property through Freddie Mac.
Watermark Residential Begins Florida Development
The 312-unit community in Panama City Beach will be located near the Tyndall Air Force Base, a main driver for the area’s growth.