Commercial Real Estate Direct Staff Report Capital One has originated $38.6 million of Fannie Mae financing against the 432-unit Brighton Village apartment property in Brighton, N.Y., about four miles south of Rochester, N.Y. The loan allowed the property's owner, Excelsior ...
Bisnow A venture of Jair Lynch Real Estate Partners and the California State Teachers' Retirement System has broken ground on a 129-unit seniors-housing project in Washington, D.C. The development, at 218 Vine St. NW in the district's Takoma neighborhood, will ...
Charlotte Business Journal Harbor Group International has paid $30 million, or $156,250/unit, for the Harlowe Apartments, a 192-unit property in Charlotte, N.C. The complex, at 10900 Point South Drive, was built in 1986. Meanwhile, the Norfolk, Va., investor bought the ...
ACORE Capital has provided $81 million of construction financing for Adams & Grant, a proposed 296-unit apartment property in Los Angeles. The loan, arranged by JLL Capital Markets, will allow the property's developer, Cityview, to start construction on the property, ...
Commercial Real Estate Direct Staff Report A venture of Harrison Real Estate Capital and LCB Senior Living has paid $48 million, or $533,333/unit, for the 90-unit Residence at Watertown Square seniors-housing property in the Boston suburb of Watertown, Mass. It ...
Denver Business Journal United Properties is planning to develop Applewood Pointe of Westminster, an 85-unit seniors-housing property in Westminster, Colo. The Minneapolis developer expects construction to begin on the project in the summer of 2022. It's being planned for a ...
Dwight Capital has provided $20.18 million of financing under the U.S. Department of Housing and Urban Development's 223(a)(7) program against the 242-unit Twin Oaks at Southwood apartment property in Tallahassee, Fla. The loan allowed the 19-year-old property's owner, an affiliate ...
Commercial Observer A venture of Extell Development and CL Investment Group has lined up $146 million of financing against 49 unsold residential condominium units at the 104-unit Kent development in Manhattan. GTIS Partners provided the interest-only loan, which comes with ...
Minneapolis/St. Paul Business Journal An affiliate of Oak Realty Group has paid $52 million, or $208,835/unit, for the 249-unit Hinton Heights apartment complex in Cottage Grove, Minn. The Deerfield, Ill., developer and investor acquired the property from Curtis Capital Group, ...
St. Louis Business Journal Invesco Real Estate has paid $70.9 million, or $255,036/unit, for the 278-unit Cortona at Forest Park Apartments in St. Louis. The Atlanta investment company purchased the property from Balke Brown Transwestern, which had developed it in ...
