News

Panama City-Area Community Lands $5M Refi

Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.

Market Rate

Demmon Partners Snaps up Sacramento Apartments for $33M

The California community, called 16 Powerhouse, includes 50 units, a lounge area, a barbecue and a pet washing station.

Finance & Investment

Berkeley Point Capital Provides $59M Fannie Mae Refi

Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated the debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.

Market Rate

Regions

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Tucson Value-Add Asset Changes Hands

Skyline Park Apartments is situated in a market which is experiencing a surge of value-add investments, largely due to limited new supply and continued population growth.
West 20 April 2018 16:07
Greystar Sells South Florida Portfolio

The four-property portfolio includes 1,616 units and approximately 16.6 million rentable square feet. Greystar acquired the it for roughly $240 million, according to Yardi Matrix.
South 20 April 2018 14:55
Luxury Waterfront Community Opens in East Boston

The 25 percent pre-leased Boston East community, developed by Trinity Financial and East Boston Community Development Corp., features 200 luxury apartments and includes a community art gallery.
Boston 20 April 2018 14:31
Feldman Equities, Two Roads Unveil Plans for $350M Tampa Tower

Riverwalk Place will be the tallest tower in the area and will include luxury condominiums, offices and restaurants.
Tampa 20 April 2018 14:18
Portside Partners Ventura Harbor Develops CA Coastal Community

When complete, the Ventura property will include 270 apartments, 30 live-work units, a 104-boat-slip marina and 21,000 square feet of retail space.
West 20 April 2018 14:10
Boston-Area Asset Receives $29M Loan

Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
Boston 20 April 2018 14:03
Miami Luxury Development Receives $58M Loan

Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twelve2 is slated for delivery in mid-2019.
Miami 20 April 2018 14:00