Shaya Ackerman
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CBRE Sells, Meridian Finances 2 Gateway City Properties
Strategic Properties of North America picked up 181 units at Old Post Office Plaza.
St Louis 15 March 2017 15:31 -
Meridian Cinches 2-Part Financing for Union Square Deal
The 166 Geary Street building was recently acquired as Meridian Capital Group announced it has arranged $35 million in financing for the acquisition. The national commercial real estate finance and advisory firm worked on behalf of The Jackson Group, Sun Equity Partners and Concord Real Estate. Meridian arranged the 36-month, floating-rate mortgage, which was provided by a national balance sheet lender, features full-term interest-only payments and is priced at 350 basis points over one-month LIBOR.
San Francisco 20 February 2015 23:31 -
Eastern Union Funding Closes $46.57M Construction Loan for South Jersey Townhomes
Investors Bank will provide a $40 million construction loan with a $6.57 million earn-out for The Avery, a 450-unit townhome project; and BMC Capital provides a $1.32 million cash-out refinance loan for a student-housing property.
Northeast 02 May 2014 18:05
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Affordable FL Community Lands $7M Financing
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21 June 2017 19:45 -
South Phoenix Community Changes Hands for $12M
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23 June 2017 13:49 -
Phoenix Community Commands $42M
Brass Enterprises made its first foray into the metro’s multifamily market with the acquisition of 1221 Broadway, a 194-unit garden-style property in Tempe, Ariz.
12 July 2017 08:30 -
Affordable Senior Community Opens in Richmond, IL
The 25-unit community offers one- and two-bedroom apartments for $866 and $1,039, respectively, and is Energy Star Certified.
18 August 2017 19:11 -
FL Mixed-Use Community Adds Multifamily Component
Edera at Coconut Point will be the only residential rental property within the 500-acre, master-planned, mixed-use development.
19 September 2017 16:10 -
Sares Regis Breaks Ground on Downtown Long Beach Communities
The three communities totaling 348 units were designed by Studio One Eleven and are adjacent to retail amenities. The properties are slated for completion in 2019.
07 June 2017 15:45 -
Financing Affordable Communities in NY
James Dittbrenner, managing director at Sterling Bank, discusses the process behind a bank's decision to finance affordable housing projects such as the Newburgh CORe Neighborhood Revitalization in Orange County, N.Y.
02 May 2017 14:55 -
$29M Earmarked for MN Financing
Grandbridge Real Estate Capital arranged the first-mortgage loan for construction of a 110-unit community in St. Louis Park.
11 July 2017 14:40