NewPoint Real Estate Capital, Plano, Texas, provided $12 million in construction financing for The Flats at 402, a 54-unit affordable housing community to be built in Madison, Wis.
Tag: Dealmaker
Dealmaker: Dwight Capital Finances $61M
Dwight Capital, New York, provided $61.4 million in HUD 223(f) loans for properties in Portland, Ore., and Salt Lake City.
Dealmaker: JLL Secures $81M Financing in Northern Virginia
JLL Capital Markets, Chicago, arranged $80.5 million in construction financing for One Logistics Park Building 2, a one million-square-foot distribution warehouse in Winchester, Va.
Dealmaker: Marcus & Millichap Brokers $57M Retail Property Sale
Marcus & Millichap, Calabasas, Calif., sold Doral Shops, a fully occupied 113,300-square-foot retail property in Doral, Fla. The property sold for $57 million.
Dealmaker: George Smith Partners Secures $27M in Retail Construction Financing
George Smith Partners, Los Angeles, placed $27 million in construction financing to develop a 95% pre-leased grocery-anchored retail center in California’s Inland Empire.
Dealmaker: Walker & Dunlop Structures $385M Brooklyn Financing
Walker & Dunlop, Bethesda, Md., structured nearly $385 million in financing for 470 Kent Avenue, a mixed-use development on the East River waterfront in Brooklyn’s Williamsburg neighborhood.
Dealmaker: Northmarq Closes $13M in Retail Sales
Northmarq’s Atlanta office closed $13.3 million in retail property sales in New York and Georgia.
Dealmaker: Newmark Arranges $127M in New York
Newmark, New York, arranged $127.4 million to refinance 575 Broadway, a mixed-use office/retail building in Manhattan.
Dealmaker: Greystone Provides $42M in Fannie Mae DUS Financing
Greystone, New York, provided $42.1 million in Fannie Mae Delegated Underwriting & Servicing funds for multifamily properties in Colorado and Oregon.
Dealmaker: VICI Properties Inc. to Acquire Remaining 49.9% Interest in MGM Grand Las Vegas, Mandalay Bay
Blackstone Real Estate Income Trust Inc., New York, and VICI Properties Inc. announced jointly a definitive agreement in which VICI, currently owner of a 50.1% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, will acquire BREIT’s 49.9% interest in the joint venture for cash consideration of $1.27 billion.