Property Types
Affordable Houston Community Reopens Following Rehab
Dominium completed a $7 million interior and exterior overhaul at Quail Chase, a 248-unit development in the northern part of the metro.
2 Phoenix-Area Developments Secure $54M Financing
PCCP LLC provided the two senior loans that will be used to construct IDM Estrella Parkway in Goodyear, and IDM Cooley Station in Gilbert, Ariz.
JV Lands $54M Refi for Connecticut Portfolio
CBRE’s Debt & Structured Finance group arranged the financing, which was provided by Thorofare Capital, to retire the original senior construction loan for Berkeley at Waypointe and Quincy Lofts, located in Norwalk.
New England Portfolio Secures $164M Refi
The 14 communities adding up to 1,620 units are spread across Greater Boston and suburban New Hampshire. PGIM Real Estate Finance originated the Fannie Mae loan.
Luxury Community Opens in Downtown KC
Copaken Brooks and Altus Properties have finished work on Arterra, a 126-unit property in the Crossroads Arts District. The 12-story building includes 1,800 square feet of retail space.
JAG, New York Life Investment Management Form $100M Acquisition Venture
Formed by Jefferson Apartment Group and New York Life Insurance Co., the investment venture targets the acquisition of 4,000 apartment units and plans to leverage third-party capital partners as it grows.
$80M Financing Awarded to Metro Nashville Property
KeyBank originated Freddie Mac financing for Lifestyle Communities to refinance a 580-unit asset in Murfreesboro, roughly 35 miles from Nashville.
Detroit-Area Community Scores $23M Refi
Berkadia secured a 15-year Fannie Mae loan for the 180-unit garden-style property located less than 5 miles from downtown Rochester.
Sarasota Luxury Condo Tower Gets $75M Financing
The 49-unit high-rise is slated for completion in the first quarter of 2020. Knighthead Funding provided the construction loan for BLVD Sarasota in the city’s Rosemary District.
IA Community Opens After $5M Renovation
RiverEast in Council Bluff now offers new in-unit and common-area amenities including a fitness center and clubhouse, as well as outdoor recreation.