Tag: Freddie Mac
Standard Communities Acquires $1B Portfolio in Largest Affordable Housing Transaction of 2024
Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of...
Berkadia Arranges $67.8M Acquisition Financing for Enclave at Redwood Apartments in Salt Lake City
Artemis Real Estate Partners and Preserve partners Berkadia acquired the 486-unit Enclave at Redwood in West Valley City, a suburb of Salt Lake City....
Newmark Arranges $140M Recapitalization for Luxury Seniors Housing Facility Corso Atlanta in Georgia
Newmark announces it has arranged the $140 million recapitalization for Corso Atlanta, a 203-unit luxury seniors housing asset located at 3200 Howell Mill Road...
Western Wealth Capital Announces New Investor Partner, Recapitalization of Diverse Portfolio of 11 Multifamily...
Western Wealth Capital (“WWC”), a real estate investment company, announced a new partnership with StepStone Group Real Estate LP (“SRE”), a subsidiary of StepStone...
Merchants Capital Provides $66M+ for Maple Block Flats Workforce Housing in North Michigan Resort...
Leading financial services provider Merchants Capital announced more than $66.3 million in total financing for the new construction of Maple Block Flats, a 204-unit...
The Michaels Organization, Spandrel Development, and One80 Place to Transform Vacant Property at 573...
The Michaels Organization, working in partnership with One80 Place and Spandrel Development Partners, is set to transform a vacant lot in downtown Charleston into...
Berkadia Secures $73M to Refinance Two Jacksonville Multifamily Properties Owned by ROI Capital
Berkadia announced the refinancing of two garden-style multifamily properties, The Village at San Jose and The Villas at Ortega, both located in Jacksonville, Florida,...
Berkadia Secures $55M Refinancing for Advenir at the Oaks Multifamily Community in Orlando
Berkadia announced the refinancing of Advenir at the Oaks, a 408-unit garden-style multifamily property located in the Ocoee submarket of Orlando, Florida. Senior Managing Director...
Primestone Partners Appoints Mike May to Technology Advisory Board
Primestone Partners, a New York-based management company focused on strategic technology investments, announced today that Mike May, a prominent multifamily housing and capital markets...
Merchants Capital Secures $100+M for Austin Affordable Housing Development Travis Park Apartments
Leading financial services provider Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation...
JLL Closes $50M Sale and $35M Financing of Orlando Apartment Community Avisa Lakes
JLL Capital Markets announced that it has closed the $50 million sale and $35 million financing of Avisa Lakes, a 292-unit, garden-style multifamily community...
Merchants Capital Secures $59+M for the Rehabilitation of Maryland-based Affordable Housing Development Amber Commons
Leading financial services provider Merchants Capital announced more than $59 million in financing for the rehabilitation of Amber Commons, a 198-unit multifamily housing development...
Apartment investment environment shows slight improvement in Q2
Freddie Mac recently released its Apartment Investment Market Index (AIMI) for Q2 2024. The national index was up, but only by 0.3 percent in...
Merchants Capital Completes $324M Freddie Mac Q-Series Transaction
Leading financial services provider Merchants Capital announced the completion of its fifth Freddie Mac-sponsored Q-Series transaction, a $324.6 million securitization of 13 stabilized multifamily...
Freddie Mac Names Diana Reid as New CEO
Freddie Mac’s board of directors has selected real estate and financial services industry veteran Diana Reid as the company’s CEO, effective immediately. President and...
