property type: Multifamily

San Antonio Business Journal Platte Canyon Capital has paid about $45 million, or $86,538/unit, for a pair of apartment properties totaling 520 units in the San Antonio area. The properties are the Allure Apartments, with 268 units at 7770 Pipers ...

Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $125.25 million of agency financing to facilitate the purchase of the 1,115-unit Pavilion Apartments in Chicago. Earlier this month, R.I.G. Capital paid $167 million, or $149,775/unit, to purchase the ...

Tampa Bay Business Journal Allen Morris Co. has lined up a $43 million construction loan for Bayside North, a 96‑unit apartment project in Sarasota, Fla. Affinius Capital of San Antonio and Axonic Capital of New York were the lenders. The ...

Orlando Business Journal An affiliate of Nuveen has paid $37.4 million, or $179,808/unit, for St. Cloud Village, a 208‑unit affordable housing community in Kissimmee, Fla. The New York company bought the 16-building apartment complex from companies listed as Kissimmee Leased ...

New York Business Journal An affiliate of Valeray Real Estate has paid $43.3 million, or $3.94 million/unit, for an 11‑unit apartment building at 73-75 Sullivan St. in Manhattan. The local developer purchased the property from affiliates of P. Zaccaro Co. ...

South Florida Business Journal An affiliate of North American Development Group has lined up $105.47 million of construction financing for Nuvo Midtown Boca, a 294‑unit apartment project in Boca Raton, Fla. A lending group led by U.S. Bank provided the ...

Tampa Bay Business Journal An affiliate of Ardent has filed a foreclosure suit against the owner of the 432-unit X Tampa apartment project in downtown Tampa, Fla. The suit filed by the Atlanta lender claims that the borrower, Chicago developer ...

MF1 Capital, best known as a provider of bridge financing against apartment properties, is tapping the CMBS market with a $734.22 million conduit-like transaction backed by fixed-rate loans against apartment properties.

Commercial Real Estate Direct Staff Report The Roostaeian family office has lined up $65 million of mortgage financing from Bank of America against nine of its apartment properties with 200 units in Los Angeles. The family, led by Linda and ...