Institutional Property Advisors brokered sales of a multifamily portfolio in New England and a manufacturing facility in Arizona.
Tag: Dealmaker
Dealmaker: Servio Capital Acquires New Orleans Property for $40M
Servio Capital, Covington, La., acquired New Orleans’ California Building for $40 million.
Dealmaker: Harbor Group Provides $90M Construction Loan in Manhattan
Harbor Group International, Norfolk, Va., provided a $90 million senior mezzanine construction loan to Extell Development Co., New York, to finance construction of 1520 First Avenue on Manhattan’s Upper East Side.
Dealmaker: Newmark Completes $47M Oklahoma City Office Sale
Newmark, New York, sold a newly constructed Class A office building in downtown Oklahoma City for $46.9 million.
Dealmaker: Greystone Provides $33M in HUD-Insured Financing
Greystone, New York, provided $33.4 million in HUD-insured 223(f) loan to refinance two Michigan properties.
Dealmaker: iBorrow Provides $25M Bridge Loan in Atlanta
iBorrow, Los Angeles, provided a $24.9 million bridge loan to refinance a 173-key Holiday Inn Express & Suites asset in downtown Atlanta, Ga.
Dealmaker: Security Properties Acquires Seattle Multifamily for $104M
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.
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.