389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
95 percent leased. Bank of America provided a $62 million mortgage to help fund the venture's acquisition. The interest-only loan has a five-year term, but comes with a pair of one-year extension options. It pays a coupon of Libor plus ...
The Polinger venture obtained a $126.9 million loan from MetLife Investment Management to help fund its acquisition. HFF brokered the sale and arranged the loan. The property has been renamed Aura Pentagon City.
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