Dealmaker: Mesa West Capital Originates $47M in Austin

Mesa West Capital provided a joint venture led by United Properties with $47 million in short-term first-mortgage debt to refinance Bishop Momo, a recently completed 274-unit multifamily community in Austin, Texas.

Dealmaker: Merchants Capital Secures $26.3M for NYC Senior Housing Conversion

Merchants Capital, Carmel, Ind., announced $26.3 million in total financing for the rehabilitation of a multifamily development in New York City. The complex–Three Arts Club–will be transformed into permanent and supportive housing for seniors (62-plus) upon its conversion.