Marcus & Millichap, Calabasas, Calif., sold a waterfront development portfolio on Normandy Isle in Miami Beach, Fla. The combined properties sold for $15.8 million.
Tag: Dealmaker
Dealmaker: George Smith Partners Secures $67M for Idaho Mixed-Use Project
George Smith Partners, Los Angeles, arranged $67 million, or $286,324 per unit, in non-recourse construction financing for a 234-unit mixed-use development in Garden City, Idaho.
Dealmaker: Dwight Capital Finances $89M
Dwight Capital, New York, closed $88.6 million in financings for assets in South Carolina, Missouri and Texas.
Dealmaker: NewPoint Real Estate Capital Provides $158M in Freddie Mac Financing
NewPoint Real Estate Capital LLC, Plano, Texas, provided $157.9 to Bard Investment Co. to refinance a four-property multifamily portfolio in Arizona.
Dealmaker: Hilco Real Estate Closes $27M in Hotel Transactions
Hilco Real Estate LLC, Northbrook, Ill., brokered hotel sales in Alabama and Tennessee totaling $27 million.
Dealmaker: Marcus & Millichap Brokers $22M Orlando Retail Sale
Marcus & Millichap, Calabasas, Calif., sold Hoffner Commerce Center, a 93,750-square-foot retail property on a 10.4-acre lot in Orlando, Fla., for $22 million.
Dealmaker: Northmarq Completes $46M in Multifamily Refis
Northmarq, Minneapolis, arranged $45.9 million to refinance four Wisconsin and California multifamily properties.
Dealmaker: Greystone Provides $23M in Fannie Mae DUS Loans
Greystone, New York, provided $23.3 million in Fannie Mae Delegated Underwriting and Servicing loans to refinance Michigan and Florida multifamily properties
Dealmaker: Merchants Capital Provides $104M for Harlem Affordable Property
Merchants Capital’s New York office provided $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II.
Dealmaker: Gantry Secures $19M for Texas Multifamily Acquisition
Gantry, San Francisco, secured $19 million in bridge financing for Ashton Apartment Homes at 681 N. Saginaw Blvd in Saginaw, Texas.