Regions
Greystone Provides $77M for IN Asset
The company facilitated the loan for Bayshore Properties’ 1,337-unit Park West Apartments in Griffith. The 12-year, fixed-rate Fannie Mae loan includes six years of interest only.
Security Properties Expands WA Portfolio
The company acquired Insignia, a 162-unit apartment community in Bremerton, which brings its total in the Puget Sound area to 4,000 units.
Downtown Boom Drives Demand in Cleveland
The metro’s urban core reached a milestone of 15,000 residents and more than 95,000 jobs in 2017, making it the largest downtown in Ohio.
Monument Capital Acquires 2nd Chicago-Area Property
The 222-unit community is located in Mount Prospect, Ill., across the street from the company’s other asset, purchased in the summer of 2017.
Bell Partners Nabs Contract for $1B West Coast Portfolio
The 17 urban and suburban properties are owned by JB Matteson and are located throughout California and Washington.
Boston-Area Community Trades for $44M
PP Hudson Investors has acquired the 176-unit Matrix Hudson in Hudson, Mass. The seller was a joint venture between Heritage Properties and Moss Development.
Bascom Group Buys SoCal Community
The company has procured Island Apartments, a 78-unit property located in Pico Rivera, Calif. Talonvest secured the acquisition financing.
Indian Reservation Community in WA Lands $43M Financing
The 216-unit workforce housing project near Spokane will be part of the Northern Quest Resort & Casino. The deal marks Freddie Mac’s first development on Native American tribal land.
Wood Partners Opens Luxury Property in Phoenix
The newest community to join the company’s Alta brand is near multiple employment hubs within the metro and features a high-end amenity package.
HFF Arranges 2 Freddie Mac Loans for CO Assets
The Colorado Springs communities offer a combined 128 units. HFF represented Radford Investment Properties in the transaction.