Property Types
ReNew Investors Lands $159M to Acquire 8 Senior Housing Communities
KeyBank Real Estate Capital’s Healthcare Lending platform provided the firm with the acquisition financing, which will be used to acquire properties in Michigan, Pennsylvania and Virginia.
Falcon Pacific Builders Tops Out Queens Project
Developed by the Saab Family LP, the 50-unit mixed-use building in the Astoria neighborhood is on track to be completed by November.
JCM Sells Central Valley Apartments for $22M
Berkadia provided the buyer of the 124-unit multifamily asset with more than $16 million in acquisition financing through Fannie Mae.
Making Affordable Housing Make Sense
Securing financing in order to increase—as well as maintain—the supply of rent-sensitive units is challenging. Developers and lenders are launching new initiatives and revisiting existing ones to tackle a problem demanding many solutions.
Fully Affordable Portfolio Trades in OH
Independent Management Services purchased Shelton Gardens and Reids Valley View Manor for $4.8 million. The two assets have 254 units combined.
Philadelphia Luxury Community Gets Fannie Mae Refi
Arbor Realty Trust Inc. has provided a $6.4 million Fannie Mae loan for a recently completed 39-unit multifamily property in the Point Breeze neighborhood.
1st Phase of Affordable NJ Project Opens
The Jersey City Housing Authority and The Michael’s Org. unveiled the first 21 units of Mill Creek Gardens. When complete, the property will encompass 126 apartments.
Blaze Partners Acquires NC Luxury Asset
Completed in 2015, The Gibson was built on the site of an historic recording studio in the Plaza Midwood neighborhood of Charlotte.
JV Secures Construction Loan for Charlotte Development
A Walker & Dunlop team arranged the financing for Mosby University City, a 309-unit community developed by Middleburg and The Mattoni Group.
Phoenix Senior Living Community Begins $260M Redevelopment
The Weitz Co. has started construction of 34 patio homes at Beatitudes Campus as the first phase of a comprehensive eight-year expansion plan.