property type: Multifamily

January 25, 2002 UNIONDALE, N.Y. – Arbor Commercial Mortgage LLC has provided $11.7 million of financing under a Federal Housing Administration program for the construction of Briarcliff Apartments, a 120-unit complex in Kansas City, Mo.Briarcliff Apartments will be a high-end ...

January 25, 2002 NEW YORK – Clarion Development Ventures, a Clarion Partners investment vehicle, has formed a venture with Trammell Crow Residential to develop Alexan Faircrest, a 400-unit apartment complex in Fairfax County, Va.The development, which will cost about $58 ...

January 24, 2002 PLANO, Texas – Freddie Mac has provided $20.3 million in permanent financing for the purchase of a 364-unit Class-A apartment community.The 10-year fixed-rate loan has an interest rate of just over 7 percent and amortizes over 30 ...

January 23, 2002 HOLLYWOOD, Fla. – GE Capital Access has provided $56 million in bridge financing for the purchase of a 551-unit multifamily development.Michael Kavanau and Barbara O'Donoghue of Holliday, Fenoglio, Fowler's Boca Raton office arranged the financing on behalf ...

The mortgage broker says the loan on The Grand Beekman at 400 E. 51st St. is the first condominium loan to be committed and closed in Manhattan after Sept. 11. It is part of Singer & Bassuk says is a ...

January 23, 2002 UNIONDALE, N.Y. – Arbor Commercial Mortgage LLC has provided $36 million of fixed-rate financing for the Carriage Hill Apartments in Randallstown, Md.The 10-year loan amortizes over 30 years and carries a rate of 7.11 percent. It was ...

January 23, 2002 MADISON, Wis. – Marcus & Millichap has been awarded the exclusive listing to market a 256-unit garden-style apartment complex here for $12.4 million.The Woodlands Apartments and Trinity Park were built in 1969 on one of the main ...

January 22, 2002 CHICAGO – Fitch has upgraded DLJ Mortgage Acceptance Corp.'s 1993-MF17 due to increased subordination levels. The ratings are as follows: the $10.4 million class A-2 was upgraded to triple-A from double-A; the $10.4 million class S-2 to ...

January 18, 2002 FREMONT, Calf. – Fannie Mae has provided $53 million in permanent fixed-rate financing for the Mountain Vista Apartments owned by a joint venture between Pacific Property Co. and Essex Property Trust.The proceeds of the 10-year mortgage were ...

January 17, 2002 STATEN ISLAND, N.Y. – St. Marks Hamilton LLC has received a $22.8 million mortgage for its purchase of the four-story, 316-unit Seaview Estates apartment complex.The 10-year permanent loan carries a 30-year amortization schedule. The lender was not ...