Springer Capital Pays $240.2Mln for S.C. Apartment Portfolio
April 22, 2024
309-Unit Apartment Property Opens in Phoenix
April 22, 2024
City: Tempe
MarQ at 1st/625 West 1st St.
The property, which has been rebranded as Riverside Apartments, backs a $15.02 million loan that's securitized through FREMF, 2018-KF44. The floating-rate loan, with a coupon of 4.67 percent, pays only interest until December. It is locked out from prepayment until ...
Elevate at Discovery Park
97.6 percent occupied. The property, previously known as Little Cottonwoods, serves as collateral for a $39.4 million Freddie Mac loan that's securitized through FREMF, 2016-KF21. The floating-rate loan has a coupon of 5 percent and pays only interest until 2021.
Papago Spectrum office building/1225 West Washington St.
93 percent occupied.
a pair of multifamily properties totaling 472 units in Tempe, Ariz.
95 percent occupied. The properties are the 276-unit Highland Park at 5038 South Hardy Drive and the 196-unit Park View at 1235 West Baseline Road, which are about a block from each other. The two properties are encumbered by a ...
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