Berkadia, New York, secured $96.9 million in financing for multifamily properties in California and Indiana.
Tag: Dealmaker
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Dealmaker: Merchants Capital Secures $17.4M in Equity Financing in Indiana
Merchants Capital, Carmel, Ind., secured $17.4 million in Low-Income Housing Tax Credit equity financing for the construction of an affordable senior property in Fort Wayne, Ind.
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Dealmaker: Hall Structured Finance Originates $67M in Hotel Construction Financing
Hall Structured Finance, Dallas, originated a $67 million construction loan to develop a dual-branded AC Hotel by Marriott Symphony Park and Element by Westin Symphony Park in Las Vegas.
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Dealmaker: Institutional Property Advisors Closes, Finances $100M Multifamily Asset Sale
Institutional Property Advisors, Calabasas, Calif., sold Parc Broadway, a 324-unit multifamily property in Tempe, Ariz., for $100.25 million, or $309,414 per unit.
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Dealmaker: JLL Announces $260M Refinancing for New York Times Square Hotel
MCR Hotels, Island Capital Group and JLL, Chicago, announced MCR and Island closed on a $260 million refinancing of the Sheraton New York Times Square.
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Dealmaker: Eastern Union Closes on $74M Refinance for New Jersey Property
Eastern Union, New York, closed on a $74.2 million transaction to refinance a construction loan for a multifamily property in northern New Jersey.
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Dealmaker: NewPoint Provides $22.5M for Idaho Workforce Housing Development
NewPoint Real Estate Capital, Plano, Texas, provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing for the development of a workforce housing community being built in Victor, Idaho, near the state’s border with Wyoming.
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Dealmaker: Greystone Announces Deals in New Jersey, California
Greystone, New York, announced recent deals in New Jersey and California.
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Dealmaker: Marcus & Millichap Closes Two Dallas-Area Multifamily Sales for $40M
Marcus & Millichap, Calabasas, Calif., closed the sale of two apartment properties in Dallas and Fort Worth, Texas. The assets total 401 units and sold for over $40 million.
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Dealmaker: Berkadia Brokers $71M Georgia Apartment Sale
Berkadia, New York, brokered the sale of Grace Apartment Homes Roswell, a 396-unit garden-style multifamily property in Roswell, Ga., for $70.5 million.