Regions
LeCesse to Build 248-Unit Community in King of Prussia, PA
Skye 750 will be located within King of Prussia’s growing business park, a live-work-play environment comprising approximately 3.5 million square feet of office space.
CareTrust REIT Nabs Grand Rapids-Area Skilled Nursing Portfolio
In a sale-leaseback arrangement, the 464-bed, five-property ensemble traded for roughly $41.5 million including transaction costs.
BEB Capital Grabs East Harlem Community
The eight-story luxury apartment development, which opened in East Harlem in 2016, contains 29 units above one street-level retail space.
Hunt Mortgage Group Adds New Director
Kevin Deegan will coordinate the company’s affordable housing/FHA team, but he will also serve clients using Hunt Mortgage Group’s balance sheet products and agency executions.
Capital One Arranges $11M Refi for NM Senior Housing
Wheatfields Senior Living Community in Clovis comprises 101 beds across five detached independent living cottages, as well as the assisted living building that was completed in 2011.
Dougherty Closes Fannie Mae Loan for Twin Cities-Area Community
The mortgage banking firm facilitated a $7.3 million loan to refinance Green Twig Villas, a 62-unit affordable housing property in Oak Park Heights, Minn.
NoVa Skilled Nursing, Rehab Center Sells for $13M
The Mount Vernon Nursing & Rehab Center, located south of downtown Washington D.C., encompasses 69 rooms and 130 licensed beds.
CBRE Arranges $11M Metro Portland Sale
CBRE’s Phil Oester, Joe Nydahl and Josh McDonald worked on behalf of the seller in the disposition of a townhome-style community in Tigard, Ore.
Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
Peak Campus Lands Chicago Management
The 240-bed, high-rise student community in the heart of the city’s South Loop neighborhood sits immediately adjacent to East West University.