Prime Finance has provided $63 million of mortgage financing against three apartment properties with 94 units in Manhattan’s Chelsea neighborhood that are owned by Slate Property Group The loan, arranged by Arrow Real Estate Advisors of New...
Berkadia has provided $3855 million of Freddie Mac mortgage financing against the 306-unit Tennis Towers Apartments in West Palm Beach, Fla The loan has a seven-year term and requires only interest payments for its first four years It then amortizes...
Puget Sound Business Journal Timberlane Partners has paid $37 million, or $406,593/unit, for Vista Ridge, a 91-unit apartment property in the Seattle suburb of Issaquah, Wash The Seattle investment firm acquired the property from an affiliate of...
Dwight Investment Management, the investment management arm of Dwight Capital, has funded a $115 million bridge loan against the recently completed Seventeen Hundred apartment property in Charlotte, NC The 295-unit property, at 1755 Lombardy Circle,...
Commercial Observer A venture of Saber-Hightower and Granoff Real Estate has lined up $755 million of construction financing for the conversion of two office buildings in Norwalk, Conn, into the 286-unit M7 Lofts apartment property Bank OZK provided...
Commercial Observer A venture of East West Partners, CBC Real Estate and Affinius Capital has lined up $141 million of financing against a 535,000-square-foot office campus in Raleigh, NC Cantor Fitzgerald provided the loan, which was arranged by...
Peachtree Group has raised $915 million through a Delaware Statutory Trust for the purchase of the 594,522-square-foot distribution facility at 122 Dorchester Village Road in Midway, Ga, which is roughly 30 minutes from Savannah, Ga The Atlanta...
The Real Deal KKR Real Estate has paid $3465 million, or $544,811/unit, for Lynhaven, a 636-unit apartment property in San Jose, Calif The seller was not immediately known Lynhaven, at 919 South Winchester Blvd, was built in 2020 and has one-, two-,...
AZ Big Media Evergreen Development is planning to build a 261-unit apartment property on the 117-acre site at Signal Butte and Warner roads in Mesa, Ariz, about 30 miles east of Phoenix Evergreen, a Phoenix developer, expects to start construction...
A venture of Rockpoint and Newbond Holdings has paid $471 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale, Curio Collection by Hilton The venture bought the five-year-old property, which sits on a waterfront parcel at 525...
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