Sunstone Hotel Investors, Irvine, Calif., acquired the 130-room Montage Healdsburg resort in northern California for $265 million.
Tag: Dealmaker

Dealmaker: Merchants Capital Secures $18M for NYC Affordable Housing Capital Improvements
Merchants Capital’s New York office closed an $18.2 million Housing Development Corporation Fannie Mae Risk Share loan for Mannie Wilson Towers, a historic affordable housing development in Manhattan’s Harlem neighborhood.

Dealmaker: Axiom Capital Corp. Arranges $54M
Axiom Capital Corp., Clifton Park, N.Y., arranged $54.1 million in financing for industrial, office and retail properties in four states.

Dealmaker: Bellwether Enterprise Secures $24M for Medical Office Buildings
Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed a $23.5 million loan that refinanced two Torrance, Calif., medical office buildings.

Dealmaker: IPA Closes $34M in Retail Property Sales
Institutional Property Advisors, Calabasas, Calif., closed two retail property sales totaling $34 million.

Dealmaker: JLL Secures $158M for 11-Property Retail Portfolio
JLL Capital Markets, Chicago, closed the $295 million sale of and arranged $157.9 million in financing for a portfolio of 11 New England single-tenant retail buildings.

Dealmaker: Capital One Closes $61M in Freddie Mac Loans
Capital One, Bethesda, Md., provided $61.3 million in Freddie Mac loans for the acquisition of two Colorado Springs, Colo., apartment communities.

Dealmaker: NorthMarq Arranges $166M in JV Equity, Construction Financing
NorthMarq, Minneapolis, arranged $166 million in joint venture equity and construction financing for a waterfront apartment development in Alameda, Calif.

Dealmaker: Phillips Realty Capital Structures $72M Refinance for Chicago Data Centers
Phillips Realty Capital, Bethesda, Md., structured $71.5 million for Element Critical and Safanad Inc.to refinance their Chicago data center portfolio.

Dealmaker: Avison Young Closes $31M Miami Hotel Sale
Avison Young’s Florida Capital Markets Group closed the sale of the Residence Inn Coconut Grove, a three-building, 140-unit hotel at 2835 Tigertail Avenue in Miami’s Coconut Grove area.