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EdR Creates JV for $88M Off-campus Development in Minnesota
EdR, GEM Realty Capital and Schenk Realty Group begin a development; Centerline refinances $61.4 million in bank loans for a portfolio of properties on Long Island, N.Y.; and HFO completes a $19.7 million sale in Oregon.
Waterton Associates Re-Enters Phoenix With 576-Unit Purchase
Waterton Associates buys a Phoenix asset; EdR breaks ground on Phase II at Mansfield University; and Centerline Capital Group provides a FHA 223(a)(7) refinance mortgage to replace an existing 221(d)(4) loan and lower interest rate.
EdR closes financing on and begins a new project; M West Holdings completes a 101-unit buy in Los Angeles; and Eastern Union arranges $25 million in financings.National 06 March 2013 19:37