Market Rate
Hunt Mortgage Secures $14M for NC, VA Properties
The loan was for the acquisition of Fiddler’s Creek Apartments in Winston-Salem, N.C. and Baywatch Pointe Apartments in Virginia Beach, Va.
Fogelman, Thackeray Acquire Atlanta Asset
The fifth collaboration between the two companies since 2015 brings their total investment volume to more than $150 million. The community in Alpharetta, Ga., will be renamed and renovated by the new owners.
Berkadia Arranges Sale of 248-Unit Community
The property is located near Huebner Oaks shopping center, the University Health System and Methodist Hospital, and a short drive from McDermott Freeway and Connally Loop.
Texas Investor Buys Albuquerque Community
The 456-unit community has access to several major employers, including one of six Facebook data centers currently under construction south of Duke City.
Brooklyn Community Lands $92M
Greystone Bassuk arranged the 10-year permanent loan with Union Bank on behalf of The Hudson Cos. for The Parkline, a 254-unit building located in Prospect Lefferts Gardens.
St. Petersburg Community Receives $24M Refi
The 212-unit community received refinancing proceeds through Freddie Mac’s green lending program. Berkadia arranged the loan on behalf of the borrower.
Alamo Heights Property Changes Hands
The deal brings Jevan’s multifamily portfolio to 18 properties, six of which are in San Antonio. The newly acquired community will be subjected to a significant renovation.
National Asset Services Increases Presence in OH
The company has expanded its nationwide property management portfolio with the addition of 189 condo and apartment units outside Columbus.
Security, Oaktree Buy $47M Colorado Asset
The joint venture has acquired The Lodge on 84th, a 300-unit community in Federal Heights that includes three laundry facilities, dog park and 426 parking spaces.
Rich Properties Nabs FL Development
Colliers International Northeast Florida Director Bradley Coe, Managing Director Douglas Blair and Associate Director Morgan Williams brokered the sale.