Other Multifamily News
Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce two of its employees were honored at the St. Louis Apartment Association (SLAA) Rising Star Awards, which were held April 27. The awards banquet is hosted annually by SLAA to recognize achievements among the organization’s members.
DALLAS, TX – April 30, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured financing for an eight-property, 565-unit seniors housing portfolio located in New England.
Chicago, IL – April 25, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $2.85 million refinance for a 109-unit multifamily complex located in Lorain, OH.
MIAMI, FL – April 23, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured financing totaling $37.85 million for The Place at Alafaya in Orlando, Florida, and Litchfield Place in Savannah, Georgia.
Morris received prestigious recognition during the Real Estate Summit
Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in Greystone’s New York office, on behalf of Sage Healthcare Partners. Neal Raburn and team out of Greystone’s Atlanta office provided support in structuring, underwriting and closing the transaction.
Dekel Capital, on behalf of CGI Strategies, has arranged a $47.5 million bridge loan for the acquisition, renovation and stabilization of a vacant 306-unit luxury multifamily community located at 1662 Celebration Boulevard in Celebration, FL.
Dunedin, Fla. – Berkadia announces it has arranged a $13.57 million recapitalization of Promenade at Edgewater, a 188-unit multifamily property in the Gulf Coast community of Dunedin, Florida. Senior Managing Director Charles Foschini, Managing Director Chris Apone and Senior Analyst Lourdes Carranza-Alvarez of Berkadia’s Miami office arranged the loan on behalf of the buyer, Pensam Capital.