National
TODAY'S DEALS: Cohen Financial Secures $48.8M for 12 Bay Area Communities
Cohen Financial secures financing for 12 properties; Marcus & Millichap brokers the sale of a seniors housing asset near Chicago; and Hendricks & Partners brokers a $5 million sale.
The Sheffield Unveils The Sky Club Amenity Package
The Sheffield, an exclusive residential building in Manhattan, has introduced to resident owners an amenity package designed to help them enhance their health and interact with fellow residents.
TODAY'S DEALS: Related, Shoma Buy 48 Acres for Mixed-Use Development
The Related Group and Shoma Group buy land for a mixed-use development; Boston Capital closes an affordable seniors housing construction loan; and George Smith Partners clinches a $1.5 million acquisition financing at 90 percent LTC.
TODAY'S DEALS: Dornin Acquires Seniors Housing Community in California
Dornin Investment Group purchases a 122-unit seniors community located in San Marcos, Calif.; AIG Global Investment Group sells a three-property portfolio in New Jersey; and Marcus & Millichap closes the $1.5 million sale of a 16-unit property.
TODAY'S DEALS: The Seneca Apartment-Hotel Sold, Will Operate as Luxury Rental
Waterton Associates buys a Chicago apartment-hotel; Post Brothers lands a $52 million redevelopment loan; and Cohen Financial secures $14.6 million for two Chicago properties.
TODAY'S DEALS: Stiles Breaks Ground on Mixed-Use Development
Stiles begins a 321-unit mixed-use development in Florida; Concordia buys two seniors housing assets; and Meridian’s Carlsbad, Calif., office arranges over $100 million in financing in its first year.
TODAY'S DEALS: Waterton Re-Enters Portland Market with $77.2M Purchase
Waterton Associates buys a 554-unit community in Beaverton; IPA brokers the sale of a 460-unit community in California; and Summit Management Services Inc. acquires a luxury community in Fort Collins.
TODAY'S DEALS: Camden Sells 456-Unit Asset in Houston
Camden Property Trust sells a Houston asset; Berkeley Point Capital provides $54.8 million to fund an acquisition; and Beech Street Capital refinances two Los Angeles properties.
TODAY'S DEALS: Berkadia Arranges $28M for L.A. Properties
Berkadia lands $28 million for two properties in Los Angeles; The NHP Foundation buys its first affordable housing property in New York City; and Northmarq arranges a financing of $13.1 million for an Aukum Management purchase.
Downtown Senior Apartment Project Lands New Equity Partner
By Gabriel Circiog, Associate Editor The economic downturn has taken its toll on many developments around the country, but a long-delayed downtown Denver senior-living project is set for a comeback as The Denver Post reports the developer has landed a new equity partner. Balfour Cosmopolitan LLC bought the 95,607-square-foot property back in 2006 for $7.7 […]