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CBRE Brokers Sale of Inland Empire Community
The 43-unit property located in San Bernardino traded for nearly $5 million.
$63M Refi for 145 Front in Boston
MUFG Union Bank funded the long-term loan to the borrower, Roseland Residential Trust.
Harbor Group Buys $1.8B Multifamily Portfolio
The blockbuster deal is the fifth largest apartment portfolio sale ever, according to the firm.
Miami Market-Rate Development Lands $50M Loan
The Latigo Group is moving forward with the construction of a 259-unit community in Miami Gardens, Fla.
Sares Regis Expands Arizona Portfolio
The company acquired its latest property in Phoenix as part of its Fund III that targets communities in the West.
Lynd Co. Lands $45M for Texas Portfolio
Hunt Real Estate Capital arranged the loan that will be used for the refinancing and renovation of three properties in San Antonio and Universal City, Texas.
Phoenix Realty, Hanover Acquire 2 Seattle-Area Properties for $79M
With a total of 361 units, Lake Meridian and Royal Firs were owned by the same investor and sold as a portfolio.
PCCP Extends $76M Loan for Los Angeles Buy
Bridge Investment Group sold the 306-unit community in Paramount, Calif., to a joint venture.
City Club Apartments Kicks Off Detroit Redevelopment
The $25 million project will update the 1974-built tower and designate 20 percent of the units as affordable for the property’s current residents.
Positive Investments Trades Inland Empire Community
The buyer paid more than $14 million for the 120-unit property and plans to invest in capital improvements.