Other Multifamily News
WASHINGTON, D.C. – October 31, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $156.2 million in financing for Modera Avenir Place, a best-in-class residential property in Vienna, Virginia.
Greystone, a real estate lending, investment, and advisory company, announced it has provided a $24,000,000 HUD-insured permanent loan to refinance Country Club Villas II, the second phase of an affordable housing community in Miami Lakes, FL. The transaction was originated by Eric Rosenstock of Greystone’s New York office.
Chicago, IL – October 24, 2018 – American Street Capital (“ASC”) announced today that it has arranged a $1,840,000 million loan for a 29-unit multifamily property located in Chicago, IL.
LIVEbe, a premier apartment developer and operator, today announced that The Remy, a 278-unit midrise apartment community in Lanham, Md., has earned a Delta Associates Excellence Award in the category of Best Lease-Up Pace for a Suburban Maryland Apartment Community.
LOS ANGELES, CA – October 17, 2018 – HFF announces $25 million in financing for The Line Lofts, a newly completed, architecturally inspired community in Los Angeles’ iconic Hollywood neighborhood comprising 82 residential lofts and flats and a robust collection of hospitality-inspired amenity spaces designed to act as an extension of each residence.
Greystone, a commercial real estate lending, investment, and advisory company, announced it has provided $74,481,000 in Freddie Mac financing for a 16-property portfolio of multifamily assets located throughout Virginia. The separate loans for the various affordable housing and market-rate rental properties were originated by Dan Sacks of Greystone’s New York office on behalf of The Lightstone Group.
Palm Beach, Fla. and Charlotte, NC -- Trez Forman Capital Group has completed a $4.75 million loan that will be used for the development of a mixed-use real estate project in Charlotte, NC. The 5.5-acre site is located at 7600 University City Boulevard near the University of North Carolina at Charlotte.
Beverly Hills, CA (October 9, 2018) -- TruAmerica Multifamily has been awarded the inaugural Pet Pawsitive Award by the non-profit social enterprise Michelson Found Animals Foundation for its pet friendly policies and initiatives across its 37,000-unit portfolio.
DENVER, CO – October 8, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $50 million in financing for 210 St Paul, the first phase of The St Paul Collection (www.stpaulcollection.com), an iconic mid-rise, mixed-use residential and retail property in Denver’s Cherry Creek North neighborhood.
Chicago, IL – October 3, 2018 – American Street Capital (“ASC”) announced today that it has secured $3.84 million acquisition loan for a 64-unit multifamily complex located in Hanover Park, IL.