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