Market Rate
BRP Cos. Eyes $286M Queens Project
Site work is under way for the 605-unit, mixed-income development in the Jamaica neighborhood.
Kidder Mathews Brokers Seattle Community Sale
Executive Vice President Dan Swanson led efforts on behalf of the buyer in the $9 million transaction.
Jacksonville Community Receives Freddie Mac Loan
The 15-year mortgage retires a prior $4.1 million Fannie Mae note that Berkadia had provided in 2012.
Northeast Seattle Community Receives $25M Refi
The Freddie Mac loan pays down a 2015 mortgage of roughly the same amount from Opus Bank.
North Florida Community Trades for $26M
The Pensacola property is 2 miles from the University of West Florida campus.
Sussex Capital Sells Suburban Los Angeles Community
HomeStreet Bank provided the buyer with a $7.2 million, long-term acquisition loan.
Suburban Seattle Community Trades for $21M
The new owner financed the purchase with a Fannie Mae loan provided by Greystone.
Berkadia Arranges Sale of South Texas Community
Managing Director Kelly Witherspoon and Director Justin Cole assisted the seller in the 240-unit property’s disposition.
Philadelphia-Area Community Lands $77M Refi
Greystone originated the Fannie Mae loan on behalf of the borrower, Lindy Property Management.
Mill Creek Breaks Ground on Orlando Community
The developer will begin work on the 292-unit Modera Creative Village with first move-ins expected in early 2022.