Berkadia Writes $33.8Mln Freddie Loan for Purchase of 3 Midland, Mich., Apartments

An affiliate of Belpointe Capital has come up with an innovative structure that would allow developers of properties in Opportunity Zones to complete capital events without triggering any capital-gains tax liabilities...

Värde Partners has provided $30 million of financing against The Madeline Hotel – Auberge Resorts Collection, an 83-room property in Telluride, Colo JLL Capital Markets arranged the loan, which has a five-year term It allows the owner of the...

Guggenheim Partners has provided $24 million of financing against Mayfair in the Grove, a 281,782-square-foot mixed-use property in Miami’s Coconut Grove neighborhood The loan was arranged by Dockerty Romer & Co of Delray Beach, Fla, and...

Berkadia has provided $2016 million of financing under the US Department of Housing and Urban Development’s 223(f) program against the 215-unit District 42 Apartments in Sioux City, Iowa The financing has a 35-year term, during which it fully...

NextGen Properties Group has paid $4963 million, or $387,734/unit, for the 128-unit Alivia Apartments in Whittier, Calif The Irvine, Calif, real estate company purchased the property as part of a tax-deferred exchange from an affiliate of Fairfield...

Commercial Real Estate Direct Staff Report Thorofare Capital has provided $4469 million of financing against the recently completed Willow Street Residences, with 197 units in Fort Collins, Colo The loan allowed the property’s developer, CA...

Multi-Housing News TWG Development has broken ground on Fairground Flats, a 216-unit apartment property in Oklahoma City The Indianapolis developer is building the property at 2820 General Pershing Blvd, about six miles west of the city’s...

Commercial Real Estate Direct Staff Report Capital One has provided $9365 million of Freddie Mac financing against the 241-unit Clinton Manor apartment property in midtown Manhattan The loan, which matures in 2028, allowed the property’s...

Multi-Housing News CBRE Investment Management, on behalf of affiliates of Munich Re Group, has bought the 247-unit Liberty Warehouse Apartments in Durham, NC The seller and purchase price were not disclosed The property is encumbered by a $46...

Carter Multifamily has paid $345 million, or about $172,500/unit, for the 200-unit Brighton Park Apartments in Byron, Ga The seller was not disclosed The property is encumbered by an $18 million Freddie Mac loan that’s securitized through...