Lument, New York, closed a $22.6 million proprietary bridge loan for acquisition and renovation of The Junction, a 205-unit multifamily community in Arlington, Texas.
Tag: Dealmaker
Dealmaker: M&T Realty Capital Corp. Arranges $34M
M&T Realty Capital Corp., Baltimore, arranged $34 million in financing for multifamily and industrial assets in New Jersey and New York.
Dealmaker: RobertDouglas Advises on DoubleTree Suites Nashville Airport Refinancing
RobertDouglas, New York, advised a joint venture between Wexford Lodging Advisors and Trinity Private Equity Group in refinancing the 138-key DoubleTree Suites Nashville Airport hotel.
Dealmaker: IPA Arranges $260M for Arizona Multifamily Asset
Institutional Property Advisors announced sale of The Moderne, a 369-unit mid-rise multifamily asset in Scottsdale, Ariz., developed by JLB Partners. The $260 million sales price equates to $704,607 per unit. The transaction is the largest single asset core multifamily sale in Arizona history.
Dealmaker: JLL Finances $373M for 10-Property Portfolio
JLL Capital Markets, Chicago, secured more than $538 million in financing for multifamily and industrial properties, including a 10-property multi-housing portfolio.
Dealmaker: Northmarq Arranges $50M in Multifamily
Northmarq arranged more than $50 million in financing for multifamily properties in Arizona and Oregon.
Dealmaker: Fanitini & Gorga Arranges $7.4m for Burlington, Vt. Offices
Fantini & Gorga, Needham, Mass., arranged a $7.4 million to refinance Park Plaza, an office/retail complex in Burlington, Vt.
Dealmaker: MetroGroup Secures $19M for San Diego Retail Center
MetroGroup Realty Finance, Newport Beach, Calif., arranged $18.5 million in financing for an unanchored retail center totaling 56,175 square feet in northern San Diego.
Dealmaker: IPA Brokers $145M Arizona Multifamily Sale
Institutional Property Advisors, Ontario, Calif., sold Liv North Scottsdale, a 240-unit multifamily asset in Scottsdale, Ariz., for $145 million, or $604,167 per unit.
Dealmaker: Bellwether Enterprise Closes $108M in California
Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed a $108 million refinancing of nine Class A multifamily buildings totaling 400 units in Los Angeles.