Wheelock Real Estate Fund

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  • NY Nursing Facility Lands $25M Refi

    Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.

    06 November 2017 15:09
  • Spectrum Breaks Ground on Charleston Development

    The project is being built within the Cainhoy Plantation, a 9,000-acre, grocery-anchored, master-planned development. Leasing is expected to begin next spring, and the development is slotted for completion by fall 2018.

    19 June 2017 16:19
  • Franklin Street Closes Sale of 111-Unit Florida Asset

    Cornerstone Pointe Apartments traded for $10.6 million. Milbrook Properties Ltd. purchased the community from Everett Realty Services. The community last traded in 2010 for $3.6 million.

    22 May 2017 23:56
  • Boston Capital Nabs Charlotte, NC Community

    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31
  • Gershman Closes Bridge Loan for Baton Rouge Property

    Michael Thomas, vice president at Gershman Mortgage Denver, arranged financing for Pelican Bay Apartments in Louisiana, which features 152 affordable units.

    01 November 2017 23:50
  • Wasatch Group Lands $47M Refi Loan

    The company used the loan to pay off a Fannie Mae regulatory bond on Chesapeake Commons, a 600-unit community in Rancho Cordova, Calif.

    02 August 2017 19:16
  • Tampa Luxury Condo Tower Breaks Ground

    The 24-story Virage is slated for completion by 2019 and prices range between $1 million and $5 million. The sales team has already signed more than $75 million worth of contracts.

    30 October 2017 12:53
  • Economy Watch: Fed to Begin Divesting Balance Sheet

    The Federal Reserve will start reducing its $4.5 trillion in holdings next month, including $1.8 billion in mortgage-backed securities.

    21 September 2017 13:28
  • ACI Brokers $5M Sale in San Diego’s National City

    KA Real Estate LLC of Sorrento Valley has purchased the 29-unit community. The 22,352-square-foot building was built in 1964 and underwent renovations.

    30 May 2017 17:21
  • HTG Opens 96-Unit Affordable FL Community

    The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville. HTG currently has four affordable communities under construction in the state.

    25 August 2017 14:22