M&T Realty Capital Corp., Baltimore, closed a $25 million bridge loan in partnership with Eminent Capital, Lakewood, N.J. The loan will support the acquisition and lease-up stabilization of a newly constructed multifamily community in Burlington, N.J.
Tag: Dealmaker of the Week
Dealmaker: Walker & Dunlop Arranges $105M for Ritz-Carlton Savannah
Walker & Dunlop, Bethesda, Md, arranged $104.5 million in construction financing for the Ritz-Carlton Savannah, a 15-story luxury hotel in Savannah’s Historic District.
Dealmaker: Gantry Secures $84.5M for Honolulu Acquisition
Gantry, San Francisco, secured a $63.5 million permanent loan and $21 million preferred equity commitment for the acquisition of Topa Financial Center in Honolulu.
Dealmaker: Walker & Dunlop Arranges $137M for Downtown Boston Multifamily
Walker & Dunlop, Bethesda, Md., arranged $137.2 million for LUKA on the Common, a 398-unit, 30-story apartment community in downtown Boston.
Dealmaker: Berkadia Secures $32M for Virginia Beach Multifamily
Berkadia, New York, secured $31.8 million in construction/permanent financing through the Virginia Housing Development Authority for Vanguard Landing, a 128-bedroom community to be developed in Virginia Beach, Va.
Dealmaker: Stonehill Provides $52M Construction Loan for Phoenix-Area Multifamily
Stonehill’s commercial real estate group, Stonehill CRE, Atlanta, announced a $52 million senior loan facility to Starpoint Properties for a multifamily site in Mesa, Ariz., near Phoenix.
Dealmaker: Mesa West Capital Lends $72M to Refinance Suburban Charleston Multifamily
Mesa West Capital, New York, provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, S.C.
Dealmaker: Gantry Secures $12M to Refinance Affordable Multifamily Property Near Seattle
Gantry, San Francisco, secured a $12.1 million permanent loan to refinance an apartment property in Auburn, Wash., in the Seattle suburbs.
Dealmaker: BWE Secures $36M for Acquisition, Renovation of Indiana University Student Housing
Bellwether Enterprise, Cleveland, secured $36 million in acquisition financing for a student housing property at Indiana University in Bloomington, Ind.
Dealmaker: Eastern Mortgage Capital Funds $41M Loan for Florida Apartments
Eastern Mortgage Capital, Burlington, Mass., provided $40.5 million in permanent financing for Vantage St. Pete, a 211- unit mid-rise apartment community in St. Petersburg, Fla.