Market Rate
Morgan Stanley Provides $143M Refi for Bronx Portfolio
Black Bear Capital Partners arranged the loan package for a total of 18 properties.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
Morgan Properties Buys Pittsburgh Apartments for $29M
CBRE Capital Markets provided more than $20 million in acquisition financing through Freddie Mac.
Cooper Street Capital Sells Albuquerque Community
The investor traded the 105-unit multifamily asset after less than 18 months of ownership. The property was almost fully occupied as of December.
Lion Real Estate Spends $49M in Suburban Nashville
The 350-unit value-add investment marks the company’s third multifamily buy in the metro in the past 12 months.
Colliers Closes Colorado Springs Value-Add Sale
Bill Morkes and Craig Stack represented the seller of the 200-unit community.
Kiser Group Closes $18M Multifamily Portfolio Deal
The transaction marked the largest deal by sale price closed in Chicago’s South Shore in 15 years.
Dougherty Mortgage Closes $54M Construction Loan
The financing will be used for the development of Sundance at Settler’s Ridge, a project in Woodbury, Minn.
Hamilton Zanze Continues Buying Streak
The firm’s latest purchase includes two properties in Columbia, Md., both of which will undergo capital improvements.