National
TODAY'S DEALS: Marcus & Millichap Sells 506-Unit Community in Dallas
Marcus & Millichap brokers the sale of a Dallas value-add property; M West Holdings buys 45 lofts in Los Angeles; and NorthMarq arranges a three-year, $10.9 million mortgage at a 30-year amortization schedule.
TODAY'S DEALS: HFF Arranges $400M Refi for 2,600 Units
Holliday Fenoglio Fowler lands a $400 million portfolio refinancing; a Pradeium, Brooktree partnership acquires an 81-unit asset; and Walker & Dunlop funds an $11.8 million refinance loan under Freddie Mac’s CME execution.
TODAY'S DEALS: MG Properties Buys Reno Asset for $27 Million
MG Properties Group buys a 324-unit asset in Reno, Nev.; FHLBank awards affordable housing grants for 59 projects; and Madison Realty acquires $28.7 million in non- and sub-performing loans.
TODAY'S DEALS: Bascom Buys California Asset for $20.4M
The Bascom Group acquires a 128-unit community; and Walker & Dunlop provides a $7.5 million financing under Fannie Mae’s early rate-lock program.
TODAY'S DEALS: HFF Lands $71.1M Construction Loan for Arlington High Rise
Holliday Fenoglio Fowler lands contruction financing for a Virginia asset; ARA brokers the sale of a 192-unit community; and Beech Street funds a $13.6 million refinance for a local bank borrower.
TODAY'S DEALS: Inland Student Housing Development Surpasses Lease-Up Goal
Inland American Communities surpasses its pre-lease goals at a Florida student housing development; a HUD community in Maryland trades for $10.3 million; and NorthMarq arranges $22.9 million in combined mortgages for three properties.
TODAY'S DEALS: IPA Sells 180-Unit Asset for $74M
IPA sells an asset totaling 180 units; Pembrook Capital provides an $8.4 million bridge loan; and NorthMarq arranges a $16.4 million refinance via a life insurance company.
Gordmans Unveils New Stores in Farmington and South Jordan
By Alex Girda, Associate Editor Gordmans unveiled a pair of new locations on March 15 as part of a major expansion in the Intermountain West region. The Omaha, Neb.-based discount retailer opened 50,000-square-foot stores at the Station Park retail center in Farmington and at The District in South Jordan, eight days before an official grand […]
TODAY'S DEALS: EdR to Develop Off-Campus Housing in Downtown Phoenix
EdR begins a joint venture development in Phoenix; Holliday Fenoglio Fowler transacts and arranges financing for a Houston asset; and Meridian Capital negotiates New York City financing with interest rates in the 3 percent range.
How Students Look for Apartments
Catalyst’s most recent survey shows what students use to look for apartments.