Apartment-property sales volume increased during the second quarter to $367 billion from $32 billion in the first, according to Newmark If sales volumes for the year tops last year's, it would mark the third straight year in which volumes have...
CrossHarbor Capital Partners has provided $80 million of financing for the construction of the 197-unit Samuel apartment property in San Diego The property is being constructed at 2821 Adams Ave in the city’s North Park neighborhood It will...
Washington Business Journal Rushmark Properties has lined up $114 million of debt and equity financing for a 305-unit apartment project in Falls Church, Va The financing package includes a $92 million senior construction loan from PNC Bank as well...
South Florida Business Journal Pinnacle has lined up about $314 million of financing for the construction of phase one of the 100-unit Pinnacle at Cypress seniors-housing project in Fort Lauderdale, Fla The financing package includes a $148 million...
South Florida Business Journal Gatsby Florida has lined up $1186 million of construction financing for The Palm mixed-use project in Palm Beach Gardens, Fla Cirrus Real Estate Partners provided the three-year, floating-rate loan, which was arranged...
Multi-Housing News Canyon Partners Real Estate and JPMorgan have provided $747 million of financing for the construction of a 180-unit apartment property at 375 East Alessandro Blvd in Riverside, Calif, about 60 miles east of Los Angles The property...
South Florida Business Journal Pinnacle Bank, doing business as Synovus Bank, has provided a $5085 million construction loan for a 147-bed skilled-nursing facility in North Miami Beach, Fla Citadel Care Centers, a Brooklyn, NY, affiliate of TL...
Securitized loans against student-housing properties have a 14% delinquency rate, according to Trepp Inc But loans securitized through Fannie Mae and Freddie Mac outperform those securitized through private-label CMBS or CLO...
Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
A venture of Rockpoint and Holland Partner Group is planning to develop Stevens Creek, a 311-unit apartment property in San Jose, Calif Rockpoint, of Boston, and Holland, of Vancouver, Wash, are building the property at 3896 Stevens Creek Blvd Units...
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