M&T Realty Capital Corp., Baltimore, closed a $76.2 million bridge loan for the GoodHomes Portfolio, encompassing five properties in four locations–Detroit; Fayetteville, N.C.; Groton, Conn.; and Warwick, R.I.
Tag: Dealmaker

Dealmaker: Walker & Dunlop Arranges $238M Refinance for Forma Miami
Walker & Dunlop, Bethesda, Md., arranged $238.4 million to refinance Forma Miami, a newly built, Class-A multifamily building in Miami’s Edgewater neighborhood.

Dealmaker: Merchants Capital Secures $35M for Historic Adaptive Reuse Development
Merchants Capital, Carmel, Ind., secured $35.1 million in tax credit equity financing for the historic adaptive reuse of an affordable multifamily housing development in Columbus, Ohio.

Dealmaker: Berkadia Secures $84M Refinancing for Virginia Multifamily
Berkadia, Ambler, Pa., secured $84.1 million to refinance Meridian at Eisenhower, a 369-unit high-rise with commercial space in Alexandria, Va.

Dealmaker: Eastern Union Arranges $15.9M for Indiana Condo Conversion
Eastern Union, Howell, N.J., arranged $15.9 million in financing toward a condo conversion in Mishawaka, Ind., near South Bend.

Dealmaker: CBRE Arranges Sale of Affordable Portfolio in Connecticut for $39.8M
CBRE, Dallas, announced the sale of Kimberly Place in Danbury, Conn., and One Leonard in Norwalk, Conn., for $39.8 million.

Dealmaker: Mesa West Capital Originates $68.5M for Los-Angeles Area Property
Mesa West Capital, Los Angeles, originated $68.5 million in short-term financing for Legacy Partners and PGIM Real Estate’s acquisition of a multifamily community in Azusa, Calif.

Dealmaker: JLL Secures $39M for Savannah Townhomes
JLL Capital Markets arranged $38.7 million in financing for Clear Lake Reserve Townhomes, a 199-unit for-rent townhome community in Pooler, Ga.

Dealmaker: Mesa West Capital Supplies $44M for Los Angeles Area Apartment Community
Mesa West Capital, Los Angeles, provided Alliance Residential and PCCP with $43.5 million to refinance Broadstone Los Feliz, a 134-unit multifamily community in Los Angeles.

Dealmaker: Marcus & Millichap Capital Corp. Arranges $28M for Seattle-Area Multifamily
Marcus & Millichap Capital Corp., Calabasas, Calif., arranged $28 million in financing for Sunset Terrace, a 108-unit multifamily property in Renton, Wash.