National
TODAY'S DEALS: JV Breaks Ground on $200M Project
A 250-unit mixed-use asset breaks ground in Maryland; North American Properties gains approval for a $600 million development in Georgia; and Red Mortgage Capital Funds a $9.6 million FHA 221(d)(4) loan for a historic property rehabilitation.
TODAY'S DEALS: Pearl Properties Lands $66M Construction Loan
Peal Properties lands a $66.3 million construction loan via HFF; Colliers completes two apartment sales in Arizona; and NorthMarq arranges a seven-year $17.8 million acquisition loan with an interest-only feature.
Seniors Housing Sees Occupancy Uptick
Seniors housing occupancy saw an uptick in the first quarter of 2012, according to the most recent report on the industry by NIC MAP.
Resmark Apartment Living to Develop Two Apartment Communities in Chula Vista
By Gabriel Circiog, Associate Editor Resmark Apartment Living, a division of The Resmark Companies, has teamed up with ColRich to develop two apartment communities in southern San Diego County. Located in the Eastlake master-planned community in Chula Vista, the 19.6-acre development site is just south of the Olympic Parkway and Wueste Road intersection adjacent to […]
Study Finds Boomers Unhappy with Traditional Retirement Communities
A recent study reveals that “traditional” retirement communities might become a thing of the past for boomers, unless some important changes are made.
TODAY'S DEALS: Canyon-Johnson Invests $25.7M into JV Development
Canyon-Johnson invests into a California development; Beech Street arranges $32 million for a rent controlled asset in New Jersey; and Centerline Capital Group supplies a $15.5 million Fannie Mae loan to refinance a property in Nashua, N.H.
TODAY'S DEALS: Kennedy Wilson Completes $154M Sale
Kennedy Wilson sells two assets for $154 million; a joint venture acquires $85 million in NYC properties; and Michael Jakubiec brokers the sale of a property for $3 million.
TODAY'S DEALS: Cassidy Turley Closes $36M Sale in Phoenix
Cassidy Turley negotiates the sale of a Phoenix community for $36 million; Berkadia provides $35 million in two financings; and a Brooklyn asset hits the market for the first time in over 50 years.
TODAY'S DEALS: Mixed-Income High-Rise Opens in Arlington
Bozzuto, Chesapeake Community Advisors complete a mixed-income high-rise in Arlington; Wood Partners begins a new development in North Carolina; and American Realty Advisors buys a 264-unit community outside of Atlanta.
TODAY'S DEALS: KBS REIT Acquires 255-Unit Asset Outside Baltimore
KBS Legacy Partners Apartment REIT buys a Maryland asset; Strategic Capital Partners acquires a community in Oklahoma City; and NAI Hunneman brokers the $2.7 million sale of a 100 percent-occupied building.