Springer Capital Pays $240.2Mln for S.C. Apartment Portfolio
April 22, 2024
309-Unit Apartment Property Opens in Phoenix
April 22, 2024
Atlanta Business Chronicle A venture of Jair Lynch Real Estate Partners and Nuveen has bought a pair of affordable-housing properties with a combined 716 units in the Atlanta suburb of Clarkston, Ga. Core Real Estate Partners of Windermere, Fla., sold ...
FCP, formerly known as Federal Capital Partners, assumed a $10.92 million Fannie Mae loan against the property that was securitized through FNA, 2017-M8. The loan carries a 4.79 percent coupon and matures in March 2027.
Berkadia also arranged $28 million of Fannie Mae financing for the purchase. The 10-year loan amortizes on a 30-year schedule and pays a coupon of 3.64 percent.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..