Wednesday, December 18, 2024

Tag: financing

MetWest Residential

ZOM Living Secures $63M Loan to Break Ground on MetWest Residential Project in Tampa

ZOM Living, one of the nation’s leading multifamily development firms, along with partner MetLife Investment Management, has secured approximately $63 million in construction financing...
Meadows at Berkeley Ridge

Berkadia Completes Sale & Finance of The Meadows at Berkeley Ridge BTR Community in...

Berkadia announced the sale and financing of The Meadows at Berkeley Ridge, a new 148-unit townhome community in Martinsburg, West Virginia, a bedroom community...
Trailside Apartments

Gantry Secures $14.5M of Permanent Loans Across Two Seattle Multifamily Properties, The Perch and...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $14.5 million in permanent loans for two Seattle...
Preserve at Hanover Park

CSG is Pleased to Announce the Nearly $54M Closing of Preserve at Hanover Park...

Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of the Preserve at...
Clarendon Hill Towers Apartments

MassHousing Arranges $50M in Financing for Substantial Property Improvements for the Clarendon Hill Towers...

Residents living at the 501-unit Clarendon Hill Towers Apartments in Somerville, Massachusetts near Cambridge will have affordable rents preserved and see approximately $13 million...
The Aurora Worcester

MassHousing Closes on $9.6M in Financing for the Renovation and Extension of Affordability at...

MassHousing has closed on $9.6 million in affordable housing financing to The Community Builders (TCB) for the renovation and extension of affordability at the...
Crossroads Apartments

Institutional Property Advisors Brokers Sale and Arranges Financing for Crossroads Apartments in Suburban Salt...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Crossroads Apartments, a 240-unit multifamily asset in West Valley City,...
In February, multifamily distress hit its highest level in 18 months, increasing by 80 basis points over the previous month, according to CRED iQ, which tracks and analyzes data and valuations of more than $2 trillion in commercial real estate (CRE).

2024 could be the year of the distressed deal

Investors are finally starting to take advantage of distress in the multifamily sector, even though the huge wave of distress pundits predicted last year...
Multifamily Affordable

BWE Secures Over $31M for Multifamily Affordable Housing Across the Country

BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling over $31 million to finance three multifamily affordable...
BOLOUR

BOLOUR Provides Over $20M in Debt for Three-Site Southern California Retail Portfolio for 375...

Bolour Associates Inc. announced that it has provided over $20 million in debt financing for the redevelopment of three Southern California retail projects with...
Eagle Pointe Apartments

Gantry Secures $40.5M Permanent Financing for Eagle Pointe Apartments in Albany Oregon

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40.5 million permanent loan to retire construction financing for the...
Edge at Donaghey

Cushman & Wakefield Arranges Sale & Financing of The Edge at Donaghey Apartment Community

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale and financing of The Edge at Donaghey, a 120-unit...
Bellfort Plaza Apartments

Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston

Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit...
Naranja Grand

Housing Trust Group & Elite Equity Development Break Ground on Phase 2 of New...

Housing Trust Group (HTG), a leading multifamily developer, has closed on financing and commenced construction on Naranja Grand II, a new $71 million affordable...
The Jovie

Thorofare Capital Provides Financing for The Jovie Multifamily Asset in Greater Austin Area

Thorofare Capital, an affiliate of asset management platform Callodine Group, LLC, provided a bridge loan to Wilson Capital to refinance an existing construction loan...

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