JLL Capital Markets, Chicago, arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit build-to-rent townhome and villa community in Wildwood, Fla.
Tag: Dealmaker
Dealmaker: Berkadia Secures $20M for Iowa Multifamily
Berkadia secured $20 million for District 42 Apartments, a 215-unit mid-rise multifamily property in Sioux City, Iowa.
Dealmaker: Marcus & Millichap Closes $46M Retail, Office Portfolio Sale
Marcus & Millichap, Calabasas, Calif., sold a 10-property, 310,000-square-foot retail and office portfolio in Ocean County, N.J., for $46 million.
Dealmaker: Northmarq Negotiates $67M for Nebraska Multifamily
Northmarq’s Omaha, Neb., office secured $67.2 million in acquisition financing for Omaha-area multifamily properties.
Dealmaker: Gantry Secures $17M for California Retail Center
Gantry, San Francisco, secured $16.7 million to refinance the Market Place at Town Center retail center in El Dorado Hills, Calif., near Sacramento.
Dealmaker: Sonnenblick-Eichner Arranges $27M for Two California Hotels
Sonnenblick-Eichner Co., Beverly Hills. Calif., arranged $26.7 million in non-cross collateralized financing for two northern California properties: Lafayette Park Hotel & Spa and The Lodge at Bodega Bay.
Dealmaker: iBorrow Provides $17M for Two Apartment Properties
iBorrow, Los Angeles, provided a $17.3 million refinance loan on two mid-renovation multifamily communities in southern California.
Dealmaker: Limestone Asset Management, Orion Real Estate Purchase Miami Retail for $70M
Limestone Asset Management and Orion Real Estate Group, both headquartered in Miami, purchased Colonial Palms Plaza in Miami for $70 million.
Dealmaker: Grandbridge Closes $81M Senior Living Sale
Grandbridge Real Estate Capital, Charlotte, N.C., sold The Arlington at Naples, a 298-unit continuing care retirement community in Naples, Fla., for $81 million.
Dealmaker: IPA Brokers $31M Regional Outlet Center Sale
Institutional Property Advisors, Calabasas, Calif., sold The Shops @ Rockvale, a 581,462-square-foot regional outlet center in Lancaster, Pa., for $30.5 million.