National
TODAY’S DEALS: HFF Lands $118M for K2 Chicago
HFF provides $118 million to The Georgetown Co.; Senior Housing Properties Trust to complete a massive portfolio buy; and Essex Realty Group brokers the $2.7 million sale of a historic property in Chicago.
TODAY’S DEALS: Oakwood, Mapletree Expand in Dallas
Corporate housing firm Oakwood Worldwide completes a 232-unit JV apartment buy; Capital One Multifamily Finance closes $34.6 million to refinance an L.A. portfolio; and IPA arranges the sale of a North Dallas apartment property.
TODAY’S DEALS: Waterton Re-Enters Seattle with 155-Unit Buy
Waterton Associates re-enters the Seattle market after 10 years away; ACR Multifamily brokers a 344-unit sale in Austin; and NorthMarq Capital arranges a $11.09 million 15-year construction loan from a credit union.
Economy Watch: Most States See Unemployment Drop
Forty-one states and the District of Columbia saw unemployment rate decreases in November compared with October, three states suffered increases and six states experienced no change, the Bureau of Labor Statistics reported.
TODAY’S DEALS: Equus Sells Florida Apartments to Bluerock for $14.3M
Equus Capital Partners completes a 224-unit sale; Aztec secures $9.1 for an acquisition in Pensacola, Fla.; and CareTrust REIT completes a sale-leaseback transaction in Minnesota.
TODAY’S DEALS: Offshore Investor Grabs Brooklyn Apartments for $52.2M
Studley Savills brokers a Naftali Group sale in Brooklyn; Equity Residential is happy to take a LEED asset off Vulcan’s hands in Seattle; and NorthMarq arranges $24 million for a loft property in Portland, Ore.
Economy Watch: No Real Hint of Interest Rate Increase from FOMC
Economists, pundits and other Fed-watchers had wondered, before the Federal Open Market Committee released its latest meeting minutes, exactly what would happen to two little words: “considerable time.” That is, would the central bank remove those words from its guidance about interest rates?
TODAY’S DEALS: Bullish on Jersey’s Gold Coast, Pantzer Drops $120M on Apartment Asset
Pantzer buys a 351-unit asset from Capri Capital Partners; Greystone provides Presidium with a $15.1 million bridge loan for a San Antonio buy; and Lee & Associates complete a $2.7 million sale in North Hollywood.
TODAY’S DEALS: Luxury Scottsdale Condo to Rise Thanks to $19.8M Loan
HFF arranges construction financing for Deco Communities; AFL-CIO invests $8.3 million into a massive affordable development in Queens; and NAI Capital brokers a 12-unit sale in North Hollywood.