National
TODAY’S DEALS: Archon Group Executes 1,164-unit Purchase
Archon Group closes on a large portfolio; Charles Dunn Co. brokers the sale of an entitled land parcel in Huntington Beach, Calif.; and Meridian Capital Group negotiates $72.8 million in financings in New York and boroughs.
TODAY’S DEALS: HFF Sources $44.5M for Denver Asset
HFF secures financing for a 328-unit asset; a community in Pennsylvania trades for $22.7 million; and Alliance originates a $4.5 million loan at 3.9 percent interest rate.
TODAY’S DEALS: HFO Completes $23M in Pacific Northwest Sales
HFO completes five sales; and Beech Street closes a $14.2 million Fannie Mae DUS loan to refinance a four-property portfolio in Brooklyn, N.Y.
TODAY’S DEALS: Post Properties Acquires Charlotte Asset for $74M
Post Properties buys a 360-unit asset; MAA completes the acquisition of a community in Atlanta; and NorthMarq arranges a $29 million three-year interest-only construction loan through a regional bank.
TODAY’S DEALS: George Smith Partners Arranges $105M in Construction Financing
George Smith Partners arranged $105 million in construction financing for two new multifamily developments in the Inland Empire region of California; Panther Properties completes a $30.8 million purchase; and Essex buys a 276-unit asset.
TODAY’S DEALS: Campus Crest Starts $82.5M of New Projects
Campus Crest announces three projects; Grandbridge Real Estate Capital provides a $24 million first mortgage loan; and Essex Realty Group brokers the sale of a four-unit mixed-use property for $1.5 million.
TODAY’S DEALS: IPA Completes San Antonio Sale
IPA brokers a Texas sale; Steadfast Income REIT acquires a suburban Austin community for $18.4 million; and NorthMarq Capital arranges a $32.8 million, five-year, takeout loan with flexible prepayment requirements.
TODAY’S DEALS: Security Properties Acquires Two Seattle-Area Communities
Security Properties buys two communities; Beech Street Capital closes a $25 million Fannie Mae DUS loan; and KeyBank provides a bridge loan to meet a borrower’s aggressive time line, followed by a $67 million Fannie Mae mortgage to take out the loan.
TODAY’S DEALS: Archstone Begins First Asset in Berkeley
Archstone breaks ground in Berkeley, Calif.; Canyon Capital provides $27.4 million for a mixed-use project in Tampa; and Meridian Capital arranges a $15.9 million CMBS refinancing of a mixed-use portfolio.
TODAY’S DEALS: HFF Secures Acquisition Financing for Washington Asset
Cumberland Holdings lands acquisition financing; a 160-bed skilled nursing facility trades for $8.2 million in Georgia; and NAI Hunneman’s investment sale group brokers a $1.7 million sale in Taunton, Mass.