The Latest

WASHINGTON, D.C. – September 19, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $49.56 million in financing for BullHouse, a 305-unit, luxury apartment community in downtown Durham, North Carolina.

Kiser Group, Chicago’s leading mid-market multifamily brokerage firm, recently brokered an Evanston Portfolio for $17,025,000. The properties are located at 1940 Sherman Avenue and 829 Foster Street in Evanston, Illinois. The buyer, an undisclosed purchaser, bought the 87 apartment and 3 retail unit portfolio from Stephen Matic. The deal was brokered by Kiser Group’s Danny Mantis (Broker) and Lee Kiser (Principal and Managing Broker). 

Greystone, a real estate lending, investment, and advisory company, announced it has provided a $14,175,000 Fannie Mae DUS loan to refinance the Bradley Court apartment community in Windsor Locks, CT. The loan was originated by Avrom Forman of Greystone’s New York office with Jacob Schmuckler of Meridian Capital Group acting as correspondent. 

Lynd, a San Antonio-based full-service multifamily property management and development company, has announced plans to develop a College Station apartment community, Ranch at Arrington, with partner T.R. Inscore. The 272-unit market-rate project is in close proximity to Texas A&M University and located within one of the fastest-growing metros in the nation. Construction is expected to commence later this month.

SAN FRANCISCO, CA – September 17, 2018 – HFF announces $113.5 million in financing for a 12-property, 455-unit multi-housing portfolio with 13 ground-floor retail suites in San Francisco, California.

MIAMI – Berkadia has arranged a $45.75 million bridge loan for the River Oaks Marina & Tower, a 199-unit 20-story apartment tower in Miami. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia’s South Florida office arranged the loan on behalf of the buyer, a Miami-based real estate investment firm.