Other Multifamily News

The deal marks the largest closing in terms of total deal value by Greystone Real Estate Advisors seniors housing team.

A majority stakeholder in student housing and commercial real estate development in Gainesville, FL – Trimark Properties recently secured $ 22 Million in Refinancing for three luxury apartment complexes near University of Florida.

Trimark Properties – a multi-family real estate management and commercial real estate development company recently announced the procurement of a $22 Million Refinancing for three of their prime luxury student housing apartment complexes in Gainesville, FL. Paul Ahmed of Walker & Dunlop facilitated the refinance through JP Morgan.

Greystone, a real estate lending, investment and advisory company, today announced it has provided  three Fannie Mae DUS® loans totaling $36,810,000 to refinance an 811-unit multifamily property portfolio in Texas. The loans were originated by Tony Spaeth of Greystone. 

Greystone, a real estate lending, investment and advisory company, announced it has originated and closed $1,000,000,000 in Freddie Mac Small Balance Loans since the Freddie Mac Small Balance Loan program was launched in October 2014. In that time, Greystone has closed over 350 Freddie Mac Small Balance Loan transactions from the East Coast to the West Coast.

Greystone closed a $1,950,000 Freddie Mac Small Balance Loan to refinance The Village at Mount Pleasant in the Adams Morgan area of Washington, D.C. The loan for the 15-unit apartment community carries a 10-year fixed rate term with 30-year amortization and is interest-only for three years.

Downtown Fort Worth, Inc. has released its 2015 State of Downtown Report, a yearly publication that offers in-depth analysis of Downtown's primary real estate performance indicators and economic, social and education data.

GAINESVILLE, FL – Trimark Properties, a student housing developer and property management company focused on the niche market for apartments in Gainesville, Florida, won three awards at the Gainesville City Beautification Award Ceremony last week. Including this year’s recognition, Trimark has received over thirty-five City Beautification Awards since the inception of the board. Recipients are selected to, “recognize excellence in a variety of design categories.  The awards highlight projects of outstanding aesthetic and artistic appeal.”  Projects are chosen in various categories including Public Spaces, Institutional Facilities, Gainesville Apartments, Uniquely Gainesville, Outstanding Group, and Environmental Enhancements.

CFLane LLC, a subsidiary of Cocke, Finkelstein Inc., was recognized by the National Multi Housing Council's (NMHC) 2016 NMHC 50, the annual ranking of the nation's largest apartment owners and managers. CFLane was ranked #32 largest apartment manager in the nation, with 39,703 units managed in 2016.

Vesper Holdings ("Vesper"), a privately-held real estate investment firm based in New York City, is pleased to announce the launch of its in-house student housing management company Campus Life & Style (CLS) to manage its rapidly growing portfolio of off campus apartment communities.  With over 10,000 beds spread across 12 markets, Vesper's student housing portfolio is one of the largest in the nation.

Clemson, South Carolina — Grand Campus Living has been awarded the management of GrandMarc Clemson, a 524-bed student housing community being developed by Phoenix Property Company and Homes Urban Properties.

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