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Florida Multifamily Asset Changes Hands Amid Challenging Times
The coronavirus pandemic required Broadshore Capital Partners to display creativity in closing its $37.1 million acquisition of a Jacksonville rental property.
Jefferson Apartment Group Sells Suburban Boston Community for $104M
The 262-unit community was acquired by a Salt Lake City-based REIT.
San Diego Workforce Housing Portfolio Grabs $59M Refi
Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.
Sacramento-Area Community Gets $15M Refi
Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.
Denver Developer Scores $19M Construction Loan
A JLL Capital Markets team arranged the financing for a 111-unit project on behalf of Botnick Realty.
PAC Expands Tampa-Area Holdings
The company acquired Altis Wiregrass Ranch, a 392-unit multifamily community in Wesley Chapel, Fla.
South Florida Community Scores $25M Refi
Berkadia worked on behalf of the owner to arrange a 10-year, fixed-rate Fannie Mae loan.
Graycliff Capital Partners Expands North Carolina Footprint
The firm has acquired the 380-unit Reserve at Asheville, a townhome-style apartment community in Asheville, N.C.
On Demand Webinar: Snap Sessions. Managing Communities in the Face of COVID-19
MHN and IREM president Cheryl Gray discuss best approaches to managing apartment communities and protecting tenants during the COVID-19 pandemic.
Berkshire Residential Sells Los Angeles Mixed-Use Property
JLL represented the seller in its disposition of One Santa Fe, located in the Arts District.