Stonemark Management President Walt Lamperski will speak at Bisnow’s Multifamily Southeast Conference on Thursday, October 30 in Downtown Atlanta. The full-day event will feature the regional outlook for residential investment and development in Georgia, Tennessee and the Carolinas. Lamperski will speak on a panel titled “Optimizing Property Performance: Leasing strategy and managing for operational efficiency.” Topics will include how...
Concord Summit Capital, has arranged a $34 million bridge loan for Zoe Apartments, a newly constructed 214-unit multifamily community in Waco, Texas. David Larson and Keegan Burger, of CSC’s Miami office, secured the financing on behalf of Surge Investment Group, a Utah-based real estate development firm. The loan was structured at 80% loan-to-value (LTV) and closed in just 30 days,...
Berkadia announces that it arranged a $57 million pre-TCO loan to refinance the existing construction loan on Astor Sound at Lake Worth, a 230-unit, garden-style apartment community in Lake Worth, Florida that is nearing completion. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson and Matt Robbins, and Vice President Patrick Johnson secured the financing on behalf of...
Berkadia, a distinguished leader in the commercial real estate sector, announces that it has arranged a $37.17 million loan to refinance Pointe Grand Macon, a new 276-unit Class A multifamily community located in Macon, Georgia. Senior Managing Director Mitch Sinberg of Berkadia Boca Raton and Associate Director Wesley Moczul of Berkadia Orlando along with Brad Williamson, Scott Wadler, and Matthew Robbins secured the financing on behalf of Hillpointe, a real...
Mesa West Capital has originated $68.5 million in short-term financing for Legacy Partners and PGIM’s real estate business’ acquisition of a 320-unit multifamily community in Azusa, CA.The five-year, interest-only, floating-rate loan is secured by University Village, a garden-style apartment community located at 801 East Alosta Avenue, directly across from Azusa Pacific University. The Southern California university, which previously used the...
