Market Rate
Eagle Property Capital Expands Houston Portfolio
The company added to its holdings in the city with three communities totaling 750 units acquired through a private investment vehicle.
FL Gulf Coast Community Receives Freddie Mac Refi
Berkadia’s Charles Foschini, Chris Apone and Lourdes Carranza-Alvarez from the company’s Miami office arranged the $13.6 million fixed-rate, 10-year loan financed by Freddie Mac.
Electra America, American Landmark Purchase San Antonio Community
The new owner rebranded the 306-unit property as Alon at Castle Hills and assumed the existing $24 million Fannie Mae financing.
Westmount Expands San Antonio Presence
The new owner intends to invest in a capital improvement program on both interiors and exteriors at the 300-unit The Pointe at Ramsgate.
Charlotte Community Trades for $34M
Greystone provided the buyer, Dasmen Residential, with a 10-year Freddie Mac acquisition mortgage for the Class B, 320-unit multifamily asset.
$79M Mixed-Use Project Coming to Suburban Denver
A joint venture of Northstar Commercial Partners, Milender White and Canyon Partners Real Estate will break ground this month on a 216-unit community in Aurora, Colo. The development will also include 36,000 square feet of retail.
Phoenix Realty Group Expands in Colorado
The multifamily investor has ventured north of the Denver area to purchase a 16-building community in the rapidly growing city of Fort Collins.
San Francisco Multifamily Portfolio Receives $600M Loan
Natixis served as the lead arranger and administrative agent on the transaction secured for a partnership of two pension funds and a local operator.
DFW Community Changes Hands
Marcus & Millichap facilitated the sale of the 288-unit Aspen Woods in Arlington. The new owner intends to execute a capital improvement program on the property.
Houston Community Lands $14M in Construction Financing
HS Development received a HUD 221(d)(4) loan for the 115-unit The Edge at Langham Creek project. MidHudson arranged the transaction, with Greystone as originator.