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Berkadia secured acquisition financing from Fannie Mae for two garden-style communities in Wyoming, Mich., and Grandville, Mich., on behalf of Torchlight Investors.
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Bell Partners Nabs Contract for $1B West Coast Portfolio
The 17 urban and suburban properties are owned by JB Matteson and are located throughout California and Washington.
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Jacksonville Community Trades for $15M
The seller, DEL Development, purchased the asset in 2011. The new owner obtained more than $14 million in acquisition financing from The Bancorp Bank.
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Greystone Stays Bullish on Affordable Housing
In an exclusive video interview, CEO Stephen Rosenberg outlines the firm's expansion strategy, including plans to increase investment in communities with on-site health-care services.
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