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DC-Area Community Gets $78M Refi Loan
PGIM Real Estate provided the 35-year, fixed-rate FHA loan to Bonaventure Realty Group for The Encore Apartments in Alexandria, Va.
29SC Expands Denver Portfolio
The company acquired the asset for an undisclosed price and plans to invest more than $1.6 million for capital improvements.
In Case You Missed It: MHN’s Top 5 Posts in November
Miss any of our articles? Catch up with five of our most popular posts for the month.
FPA Expands San Antonio Portfolio
The Irvine, Calif.-based company acquired The Grand Estates at TPC, a 408-unit community located in the northern area of the city, close to multiple shopping centers.
Greystone Arranges $92M for PA Acquisition
The firm worked on behalf of a private buyer to secure the Freddie Mac loan for the acquisition of Lincoln Green, a 636-unit property in Philadelphia.
Investcorp Acquires $311M Multifamily Portfolio
The properties, totaling 2,876 units, include three communities in Houston, two in Tampa, Fla., and one in Salt Lake City.
318-Unit Charlotte Community Changes Hands
American Landmark is the new owner of The Oaks, a garden-style property built in 1996. The acquisition marks the company’s sixth purchase in the metro.
Fully Occupied Community Trades in OH
Franklin’s Crossing has 61 units and is located in Northwest Columbus in an area with several shopping and entertainment centers nearby.
JV Pays $600M for Southeast Assets
Carroll Organization and PGIM Real Estate acquired more than 4,000 apartment units across three portfolios. The deal marks the fifth joint venture between the two companies since last December.
Peak Capital Acquires NM Asset
KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.