Regions
Lonicera Partners Lands $70M for Brooklyn Luxury Development
The acquisition and construction financing from Santander Bank and City National Bank was arranged by JLL Capital Markets for the project at 308 Livingston St.
Volta Recessed Down Light Offers Even Wall Illumination
The 2-inch LED product features precision glare control and is optimal for both general coverage as well as low ceiling and close-to-the-wall applications.
Bell Partners Snags Virginia Apartments
The purchase of the 217-unit Twenty400 brings the firm’s portfolio of owned and managed assets in the Washington, D.C., metro to 22 communities and more than 6,800 homes.
Boston-Area Community Commands $227M
An affiliate of the DSF Group has acquired the 1,020-unit multifamily property, located in Framingham, from LivCor. The rental community is spread across 27 acres.
Interwest Acquires Vegas Property for $21M
Interwest Capital Group financed the acquisition of the 100-unit Class A asset with a $12.6 million Freddie Mac loan, and RSE Capital Partners provided preferred equity.
JV Breaks Ground on Sacramento Affordable Community
The two buildings totaling 65 units will serve veterans, low-income families and individuals with special needs in Roseville. The project is slated for completion in Fall 2020.
5 Questions for Greystone’s Head of FHA Lending
Nikhil Kanodia, a former Deutsche Bank vice president, explains why it’s a great time to borrow right now and how the multifamily sector is expected to perform in this prolonged cycle.
LMC Closes $1.3B Multifamily Fund
The subsidiary of Lennar Corp. announced the final closing of the equity fund, which targets investments in Class A communities across the country.
Seattle Property Lands $52M in Financing
CBRE originated the 10-year mortgage through Freddie Mac, less than a month after a joint venture purchased the 344-unit multifamily asset for $83.2 million.
Phoenix Community Sells for $20M
Sterling Real Estate Partners more than doubled its footprint with the purchase of the 301-unit property. The Bancorp Bank provided acquisition financing.