RED Capital Group closes $245 million in transactions in 2Q 2018 

09 August 2018
Chandler Park, Paducah KY

RED Capital Group, LLC announces the closing of $245.27 million in transactions in the second quarter of 2018 (April, May and June).

The recent transactions include $81.26 million in affordable housing, $73.73 million in market-rate Fannie Mae MBS, and $61.57 million in Small Balance and Small Mortgage loans through Freddie Mac or Fannie Mae.

The transactions were each executed through one of RED’s operating divisions, Red Mortgage Capital LLC, Red Capital Partners LLC, or Red Capital Markets LLC (member FINRA/SIPC).

 


Apple Tree Village / $9,000,000

Balance Sheet  Bridge/Interim

125 Units - Multifamily Originations

North Hills, CA

 

Sycamore Glen I / $18,094,800

Fannie Mae MBS / DUS Refinance

132 Units - Multifamily Originations

Macomb, MI

 

Skyline Park Apartments / $1,605,000

Freddie Mac MBS / DUS Acquisition

60 Units - Small Balance Loan

Tucson, AZ

 

Cortina d' Arroyo Grande / $7,996,900

FHA  223(f) MAP Refinance

108 Units - Affordable Housing

Arroyo Grande, CA

 

710 712 9th Avenue Apartments / $6,000,000

Freddie Mac MBS / DUS Refinance

41 Units - Small Balance Loan

New York, NY


Townside Flats
/ $6,750,000

Freddie Mac MBS / DUS Acquisition

39 Units - Small Balance Loan

Redmond, WA

 

Brookridge Apartments / $3,100,000

Freddie Mac MBS / DUS Refinance

29 Units - Small Balance Loan

Wadsworth, OH

 

Berryfield Apartments / $4,680,000

Fannie Mae MBS / DUS Refinance

96 Units - Multifamily Originations

Springdale, AR

 

Conestoga MHP / $1,683,000

Fannie Mae SML Refinance

55 Units - Small Balance Loan

Wadsworth, NV

 

Prescott Pike / $8,670,900

Fannie Mae MBS / DUS Refinance

65 Units - Multifamily Originations

Brimfield, OH


 

River Birch Bend I / $12,534,600

Fannie Mae MBS / DUS Refinance

88 Units - Multifamily Originations

Shelby Charter Township, MI

 

130 Abbie Street / $1,325,000

Fannie Mae SML Refinance

24 Units - Small Balance Loan

Empire, CA

 

Courtyard Apartments / $4,168,600

Fannie Mae MBS / DUS Refinance

37 Units - Affordable Housing

San Diego, CA

 

Carver Park Phase II / $5,483,000

FHA  221(d)(4) SR MAP Construction Loan

74 Units - Affordable Housing

Cleveland, OH

 

Carver Park II / $11,500,000

Bond Underwriting  Cash Collateral

74 Units - Affordable Housing

Cleveland, OH

 

3788 Mission Street / $2,400,000

Freddie Mac SBL Acquisition

11 Units - Small Balance Loan

San Francisco, CA

 

Cambridge Court Apartments / $2,967,900

FHA  223(f) MAP Refinance

61 Units - Affordable Housing

Tulare, CA

 

Lake Pointe Apartments / $1,400,000

Freddie Mac SBL Refinance

20 Units - Small Balance Loan

Starkville, MS

 

Ballard Heights Apartments / $2,500,000

Freddie Mac SBL  Refinance

43 Units - Small Balance Loan

Seattle, WA


Spring Hill - Phase III
/ $3,400,000

FHA  221(d)(4) SR MAP Sub Rehab

72 Units - Affordable Housing

Akron, OH

 

Ridgeway Apartments / $3,075,000

Freddie Mac SBL Acquisition

22 Units - Small Balance Loan

Chicago, IL

 

Pine Groves / $5,800,000

Fannie Mae MBS/DUS Refinance

80 Units - Multifamily Originations

Bowling Green, KY

 

Jordan Downs 1B - Series A-1 / $16,450,000

Bond Underwriting New Issue  Fannie Mae

135 Units - Affordable Housing

Los Angeles, CA

 

Jordan Downs 1B - Series A-2 / $16,200,000

Bond Underwriting New Issue  Cash Collateral

135 Units - Affordable Housing

Los Angeles, CA

 

Penn Terrace Apartments / $7,500,000

Freddie Mac SBL Refinance

76 Units - Small Balance Loan

Pennsville, NJ

 

Jaycee Village / $3,324,500

FHA  223(a)(7) MAP Refinance

101 Units - Affordable Housing

Columbus, OH

 

Chandler Park Apartments Paducah / $20,545,600

Fannie Mae MBS/DUS Refinance

240 Units - Multifamily Originations

Paducah, KY

 

Albany Station / $3,186,000

Freddie Mac SBL Refinance

24 Units - Small Balance Loan

New Albany, OH

 

Crosby Plaza / $9,775,000

FHA  221(d)(4) SR MAP Acquisition

86 Units - Affordable Housing

Crosby, TX

 

469 Elizabeth Avenue / $4,875,000

Freddie Mac SBL Refinance

58 Units - Small Balance Loan

Newark, NJ

 

Brisa Apartments / $21,500,000

Fannie Mae MBS Refinance

198 Units - Multifamily Originations

Everett, WA

 

Alvarado Place / $5,965,000

Freddie Mac SBL Refinance

99 Units - Small Balance Loan

Colorado Springs, CO


Autumn Ridge Apartments
/ $3,360,000

Freddie Mac SBL Acquisition

64 Units - Small Balance Loan

Denton, TX

 

Brooklawn Court Apartments / $5,000,000

Freddie Mac SBL Refinance

54 Units - Small Balance Loan

Brooklawn, NJ

 

Garfield 3-Pack / $3,450,000

Freddie Mac SBL Refinance

27 Units - Small Balance Loan

Garfield, NJ