Wednesday, February 5, 2025

Deal boom

Apartment deals, mergers and acquisitions

Village at Borgata

Tower Capital Arranges $100M in Construction Financing for Two Sunbelt BTR Developments Including Village...

Tower Capital arranged nearly $100 million in construction financing for the development of two Build-to-Rent (BTR) communities, the Village at Borgata in Phoenix and a to-be-named community in Dallas. Tower Capital’s Kyle McDonough, Managing...
Lakeshore at Preston Apartments

Comunidad Partners Announces Acquisition of 302-unit Multifamily Community Lakeshore at Preston Apartments in Plano

Comunidad Partners, a vertically-integrated real estate investment firm that specializes in workforce and attainable housing communities in diverse neighborhoods throughout the Sunbelt region, has announces the acquisition of multifamily community Lakeshore at Preston Apartments...
Peachtree Villa at Suwanee

BWE Investment Sales Closes Sale of Memory Care Facility in Atlanta MSA

BWE Investment Sales has successfully concluded the sale of a freestanding memory care facility in Suwanee, Georgia. The property was previously known as Peachtree Villa at Suwanee. The 42-unit facility offers nearly 30K square...
NYCHA

Merchants Capital Provides $129.1M for NYCHA PACT Renovation of Bronx-Based Boston Road Plaza, Boston...

Leading financial services provider Merchants Capital announced $129.1 million in financing for the New York City Housing Authority (NYCHA) $419.6 million renovation of Boston Road Plaza, Boston Secor, and Middletown Plaza (BBM) in the...
Brentwood Park

NewPoint Provides $17.75M Bridge-to-HUD Loan for the Acquisition of Suburban New Jersey Multifamily Property...

NewPoint Real Estate Capital ("NewPoint") has provided a $17.75 million bridge-to-HUD loan to facilitate the acquisition of Brentwood Park, a 77-unit multifamily property located in Somerset, New Jersey, for a sponsor with strong multifamily...
Fenton

JLL Facilitates Loan for Fenton, a Premier Urban Village Project

JLL Capital Markets announced that it has secured a $191 million senior mortgage for Fenton, a premier mixed-use development located in Cary, North Carolina. JLL represented the borrowers, a partnership consisting of Hines, Affinius Capital...
The Grand at Manor

Berkadia Completes Sale and Arranges Joint Venture Equity for 271-Unit Multifamily Property The Grand...

Berkadia, a leader in the commercial real estate industry, announced that it has completed the sale and arranged the joint venture equity for The Grand at Manor, a 271-unit, garden-style multifamily property in Manor,...
Fairways at Cranford

Hartz Unveils Multi-Family Residential Development Fairways at Cranford in New Jersey

Hartz Mountain’s new upscale apartment property in Cranford, New Jersey is set to open its doors, marking a new era of upscale living in one of New Jersey’s most sought after towns. Leasing is...
Silver King

JLL Arranges Loan for Converted Hotel Workforce Housing Property Silver King Near Aspen

JLL Capital Markets announced that it has secured the $5 million financing for Silver King Leadville, a 56-unit workforce housing community in Leadville, Colorado. JLL represented the borrower, Cloudland Capital and Blue Hour Housing, in...
SK Apartments

Marcus & Millichap Closes $16.5M Sale of Multifamily Asset SK Apartments in North Miami

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of SK Apartments, an 83-unit two-story apartment community in North Miami for...
Bay Area Multifamily Portfolio

Gantry Secures Loans Totaling $27.8M for Bay Area Multifamily Portfolio Acquisition

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $27.8 million in financing to acquire a Bay Area Multifamily Portfolio of eight Oakland properties. Gantry’s Jeff Wilcox, Principal, and Erinn Cooke,...
Solana at Duarte Station

MBK Rental Living Announces Pre-Leasing at 292-Unit Luxury Apartment Community Solana at Duarte Station...

MBK Rental Living, a leading innovator in private real estate development, has announced the commencement of pre-leasing at Solana at Duarte Station. Located in Duarte, California adjacent to the prestigious City of Hope Medical Campus...
49th Street

S3 Capital Originates $79M Construction Loan for 250 W 49th Street in New York

S3 Capital is proud to announce the origination of a $79 million construction loan for the acquisition and development of a premier 28-story, mixed-use rental building at 250 W 49th Street, located at the...
Central Park Apartments

Marcus & Millichap Arranges $4.5M Sale of 48-Unit Central Park Apartments in Wisconsin

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Central Park Apartments, a 48-unit multifamily property located in Racine, Wisconsin. Eric...
The Glenn

BWE Secures $42.3M in Permanent Financing for Multifamily Development in Auburn Alabama

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $42,315,000 loan to provide permanent financing for The Glenn, a 270-unit garden-style apartment complex in Auburn, Alabama. Paul Harbor, senior...
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