Citibank has provided $690 million of financing against a portfolio of 13 apartment properties with 4,077 units throughout Florida, Kentucky, South Carolina, Tennessee, and Texas Newmark arranged the loan, which is expected to be securitized, on...
Dwight Mortgage Trust has provided $675 million of financing against the 260-unit Elements at Saratoga Lake townhome-apartment community in Saratoga Springs, NY The property was developed in 2024 at 1 Forest Ridge Blvd by Blue Iron Development of...
Commercial Real Estate Direct Staff Report Last year, 402,175 apartment units were delivered across the country, according to Cushman & Wakefield At the same time, 355,628 units were absorbed, marking the fourth year in a row in which deliveries...
South Florida Business Journal Bank OZK has provided $3238 million of construction financing for the Four Seasons Private Residences Coconut Grove condominium project in Miami A venture of CMC Group and Fort Partners broke ground on the 70-unit...
Greystone has provided $492 million of Fannie Mae mortgage financing against the 150-unit SoNo Central apartment property in Norwalk, Conn The loan has a 10-year term and requires only interest payments for its first three years, after which it...
Multi-Housing News Sumitomo Mitsui Trust Bank has originated $808 million of financing for the construction of Jules San Pedro, a 281-unit apartment property in Los Angeles The property is being developed by a venture of High Street Residential of...
South Florida Business Journal IMC Equity Group has paid $335 million, or $164,216/unit, for the Pine Grove Apartments, a 204-unit complex in Homestead, Fla The North Miami company purchased the property from Marlin Spring US Realty of Toronto,...
Charlotte Business Journal Passco Cos has purchased the 340-unit Preston Ridge Apartments in Hickory, NC, for $731 million, or $215,000/unit The Irvine, Calif, company bought the property from an affiliate of Lat Purser & Associates of...
Charlotte Business Journal Atlas Copco has agreed to fully lease a 201,223-square-foot industrial building that’s currently under construction at 211 Celriver Road in the Charlotte, NC, suburb of Rock Hill, SC The Nacka, Sweden, industrial...
SL Green Realty Corp, which last month sold a 49% stake in Manhattan’s 100 Park Ave to Rockpoint Group, has negotiated a modification of the 874,200-square-foot office building’s $38287 million loan, effectively extending its term an...
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