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City: Jacksonville

Oaks at San Jose

Oaks at San Jose, at 5551 Auburn Road, was 92 percent occupied at the end of March 2021. Berkadia arranged $21.5 million of financing from Harbor Group International. That loan will be used to retire a $12.42 million loan that ...

Pinebrook Apartments

Lument, an affiliate of ORIX Corp., provided a $21.9 million bridge loan to help fund Bella's acquisition and renovations. It funded part of the loan by including a $20.2 million piece in the collateral pool for the LMNT, 2021-FL1 collateralized ...

Beach House Apartments

Walker & Dunlop originated a $48.2 million Fannie Mae loan to help fund the venture's acquisition. The property previously was encumbered by $30 million of Fannie debt that was securitized through FNA, 2018-M15. The loan was subject to a yield ...

Canopy Creek Apartments

Lument, an affiliate of ORIX Corp., has provided $25.5 million of bridge financing to help fund the acquisition and planned renovations to the property. The loan has a three-year term. Canopy Creek previously was encumbered by $12.9 million of Freddie ...

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