A joint venture between Security Properties, Seattle, and STARS REI, Santiago, Chile, purchased 624 Yale, a midrise multifamily property in Seattle’s South Lake Union neighborhood, for $104 million.
Tag: Dealmaker
Dealmaker: Barings Provides $12M For Brooklyn Affordable Housing Property
Barings, Charlotte, N.C., provided $11.5 million in permanent financing for Euclid Glenmore Apartments, an affordable multifamily housing development in Brooklyn’s East New York neighborhood.
Dealmaker: NewPoint Real Estate Capital Provides $35M in Multifamily Bridge Financing
NewPoint Real Estate Capital LLC, Plano, Texas, provided a $35.3 million bridge loan to River Rock Capital, New York, for a 198-unit multifamily community.
Dealmaker: Dwight Capital Finances $73.7M
Dwight Capital, New York, provided a $36 million HUD 223(f) loan for Villas of Capri, a 235-unit affordable apartment community in Naples, Fla.
Dealmaker: JLL Completes $252M Manhattan Office Sale
JLL, Chicago, sold downtown Manhattan office tower 175 Water Street for $252 million.
Dealmaker: M&T Realty Capital Corp. Provides $24M For Office Properties
M&T Realty Capital Corp., Baltimore, placed two loans totaling $24.3 million on two Long Island office assets.
Dealmaker: Marcus & Millichap Brokers $19M Orange County Multifamily Sale
Marcus & Millichap, Calabasas, Calif., sold Village Courtyard Apartments in Stanton, Calif., for $19 million, or $328,017 per unit.
Dealmaker: Harbor Group International Acquires Phoenix Multifamily Property
Harbor Group International, Norfolk, Va., acquired Colter Park Apartments in Phoenix for $80.75 million.
Dealmaker: Unilev Capital Purchases Nevada Industrial Campus for $24M
Unilev Capital, Beverly Hills, Calif, acquired a 17.8-acre industrial campus in Henderson, Nev., for $24 million
Dealmaker: Transwestern Real Estate Services Closes $41M Office Sale
Transwestern Real Estate Services, Houston, arranged sale of the six-building, 250,588-square-foot Westech Portfolio in Silver Spring, Md.