Market Rate
Berkadia Brokers Midwest Portfolio Sale
The four communities are located in Illinois, Indiana and Wisconsin and sold for $41.5 million. Alex Blagojevich, Ralph DePasquale, Chris Bruzas and Parker Stewart represented the seller.
306-Unit Community Trades Near Indianapolis
Tikijian represented the seller, developer and manager of the asset. Flaherty and Collins will take over property management on behalf of the new owner.
Dougherty Secures Acquisition Loan in North Dallas
The company arranged the 12-year term Fannie Mae loan in partnership with Old Capital Lending. The financing features a 30-year amortization schedule.
Promoting Integration at Mixed-Use, Mixed-Income Communities
Multifamily developers and investors at the 2018 ULI Spring Meeting discussed their solutions and strategies for making mixed-income/mixed-use developments more scalable, as well as the challenges they face along the way.
WA Property Lands $11M Freddie Mac Refi
Completed in 2017, The Commons at Innovation Center is part of the Tri-Cities Research District in Richland and comprises 150 units.
Sares Regis Picks Up San Diego Asset
The company financed the acquisition of the 344-unit property with an $80 million loan, which will also be used to fully redevelop it.
Interra Realty Arranges Chicago Community Sale
Managing Partner Brad Feldman and Director Adam Saxon represented the buyer of a vintage 32-unit building located in the Uptown neighborhood.
JV Lands $110M for GA Community
Mesa West Capital provided the five-year, floating-rate loan to KKR and Carter-Haston for the off-market acquisition and stabilization of Juncture, a 560-unit property in Alpharetta.
InterCapital Group Snags Suburban Atlanta Asset
The buyer purchased the 230-unit property using nearly $23 million in Fannie Mae acquisition financing originated by Greystone.
LGBT-Affirming Senior Housing Community Opens in San Diego
Among the first of its kind in the nation, North Park Seniors includes 76 affordable apartments and 118 market-rate units, as well as shared amenities and on-site supportive services.