Midwest
TODAY’S DEALS: Cohen Financial Arranges $9,89M+ in Fannie Mae, CMBS financing
Cohen Financial’s Dan Rosenberg secured a total of $9.894 million to refinance two multifamily properties; and Marcus & Millichap brokers a seniors housing sale for $33 million.
MHN Interview: Steadfast’s Ella Shaw Neyland
Steadfast Income REIT had a banner 2013, adding nearly $1 billion to its portfolio of moderate income apartments. Big things are on the horizon as Steadfast launches its second public company, Steadfast Apartment REIT. Ella Shaw Neyland fills MHN in.
TODAY’S DEALS: RADCO Completes an Oklahoma Apartment Acquisition
The RADCO Companies acquires a 284-unit asset in Tulsa, Okla.; Centerline refinances four properties in Ohio; and Beech Street Capital closes a $5.9 million refinance for an apartment in Tulsa, Okla.
Contractor Tapped for Twin Cities Affordable Housing
Project for Pride in Living has selected Anderson Cos. to build the nonprofit’s of Hamline Station Apartments in St. Paul, Minn.
Peak Campus Management Tapped to Manage University Station in Cincinnati
Ackerman Group has announced that is has chosen Peak Campus Management as the property manager for the real estate company’s University Station community.
Related Unveils Final South Loop Luxury Collection Building, Adler Place
Related Midwest has unveiled its 32-story Adler Place condo community in Chicago’s South Loop neighborhood, marking the last of three communities to be re-launched in the developer’s previously stalled South Loop Luxury by Related collection.
Conor Commercial Real Estate and Ravine Park Partners Break Ground on Chicago Apartments
Construction is underway on Woodview Apartments, a new luxury apartment development in the northern Chicago suburb of Deerfield, Ill.
Oak Grove Capital Welcomes Ken Bowen as Senior Vice President
Oak Grove Capital, a national provider of real estate financial services, has announced that Ken Bowen has joined the St. Paul-based lender as a senior vice president, focusing on new loan originations for the company’s market rate multifamily debt platform.
TODAY’S DEALS: Veritas Acquires $100M in Multifamily Mixed-Use Properties in San Francisco
Veritas Investments Inc. announced the acquisition of a 14-property portfolio of multifamily mixed-use buildings in San Francisco; and Walker & Dunlop provides a $44.2 million bridge loan for Nashville apartments.
Campus Advantage Acquires Housing Near University of Missouri
Student housing company Campus Advantage has acquired The Domain at Columbia, enabling the company to expand its presence within the fast-growing University of Missouri-Columbia student-housing market.