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Presidium Adds Two Communities to DFW Collection
Presidium plans to implement value-add upgrades to both assets, which include interior renovations as well as exterior and community area enhancements.
Chicago Presidential Towers Land $250M Financing
HFF secured the 10-year, fixed-rate loan on behalf of Waterton Residential.
HFF Secures Loan for Colorado Springs Community
The company worked on behalf of AP Investment Group to place the $3.6 million loan through Freddie Mac’s CME Program.
Hunt Mortgage Facilitates $7M Refi for Multifamily Property
The Freddie Mac loan will be used to refinance Stone Crossing Apartments, a 142-unit apartment community in Springfield, Ohio.
Mill Creek Readies Midtown Community for Pre-Leasing
Modera by Mill Creek–Midtown broke ground in 2015, and move-ins are slated to begin in March 2017.
Walker & Dunlop Handles Acquisition Financing for NC Community
The company originated a $26 million loan for Waypoint Residential, which used the financing to acquire Waterlynn Ridge Apartments in Mooresville.
Robbins Electra Lands 296-Unit Orlando Property
The $26 million purchase marks the firm’s 30th multifamily acquisition in the last year, bringing its management portfolio to more than 21,000 units.
JLL Closes $69M Sale of Seattle Arcadia Townhomes
The 309-unit property, which offers two- and three-bedroom floor plans, was purchased by Priderock.
Marcus & Millichap Closes LA-Area Sale
The two-building, 48-unit multifamily asset sold for $12.5 million.
Huntington Lends $300M to Columbus Communities
The five-year plan includes targeted outreach to strengthen the city’s Linden and Northland neighborhoods through development and lending commitments.