National
TODAY’S DEALS: ARA Brokers Sale of Fla. Seniors Community
ARA brokers the sale of a 310-unit seniors housing asset; Preferred Apartment Communities acquires a 216-unit community near Philadelphia; and Cushman & Wakefield handles the $26.4 million transaction of River Pointe at Den Rock.
TODAY’S DEALS: Investors Savings Bank Closes $23.8M Loan for N.J. Community
Investors Savings Bank provides $23.8 million for Verona, N.J., apartments; Berkadia originates $85M for an apartment co-op in Santa Monica; and Largo Group arranges $8.5 million in financing for Ohio apartments; and
TODAY’S DEALS: Marcus & Millichap Sells REO Property
Marcus & Millichap brokers the sale of an REO asset in Jackson, Miss.; HFF sells a loan secured by a 1.78-acrea Miami development site; and Eastern Consolidated arranges a joint venutre for the conversion of an office buiding.
TODAY’S DEALS: HFF Closes 280-Unit Mid-Rise in Virginia
HFF closes the sale of a 280-unit property near Washington, D.C.; Johnson Capital arranges $20.5 million refinance for Calif. affordable housing; and Bernard Financial arranges $3.45 million loan for mixed-use property.
Pool of LEED-Certified Homes in the U.S. Surpasses 10,000 Mark
Washington, D.C.–The U.S. Green Building Council recently announced that more than 10,000 residential properties in the country have earned Leadership in Energy and Environmental Design designation through the organization’s three-year-old LEED for Homes Program.
TODAY’S DEALS: Cushman & Wakefield Sells Boston Area Apartment for $7.8M
Cushman & Wakefield brokers sale of 32-unit apartment near Boston; Boston Capital invests in to-be-built Texas affordable seniors housing; and Walker & Dunlop advances $21 million Freddie Mac CME loan for a just-stabilized property.
TODAY’S DEALS: BPG Properties Sells 200-Unit N.C. Asset for $16.2M
BPG Properties Ltd. has sold Madison at Treybrooke for $16.2 million; Voit completes sale of fully leased condo project; and Gerding Edlen acquires two California properties under development.
TODAY’S DEALS: IPA Sells $27.6M Property in Connecticut
IPA sells a 192-unit Connecticut property for $27.6 million; Cushman & Wakefield brokers a $14 million trade in Westchester, N.Y.; and NorthMarq arranges $15 million in combined first-mortgage financing.
TODAY’S DEALS: Raintree Partners Acquires 270-Unit Property in Burbank for $43M
Raintree Partners aquires a 270-unit Burbank property in Burbank, Calif.; Red Capital Markets provides $19M in tax credit equity; and Oak Grove Capital recently originated $20.7 million for two seniors housing communities.
TODAY’S DEALS: Lee & Associates Closes 240-Unit Transaction in Ontario, Calif.
Lee & Associates transacts $35 million apartment sale in Ontario, Calif.; Praedium Goup and Greystar joint venture to acquire a value-add opportunity for $21M; and CBRE provides $23.7 million refinancing for Tucson, Ariz. property.