Other Multifamily News
SAN DIEGO, CA – July 10, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces acquisition financing for Arena District, a 65-unit/244-bed, off-campus student housing community serving the University of Oregon in Eugene, Oregon.
Palm Beach, Fla. and Charlotte, N.C. – July 6, 2018 –Trez Forman Capital Group has closed a $42 million construction loan for a large-scale residential development in the Charlotte, N.C. suburb of Huntersville. The borrower plans to develop a Class A, 20-building community with 297 units – mostly garden-style apartments with a mix of for-rent townhomes.
Greystone, a commercial real estate lending, investment, and advisory company, today announced it has provided a $70,848,000 Fannie Mae DUS loan to refinance the newly-constructed 251 Brandon Street apartments in San Jose, CA. Greystone’s Northern California Advisory team – Simon Herrmann, Todd Vitzthum, and Cody Field – worked closely with the borrower to ensure a seamless process and timely execution.
PHILADELPHIA, PA – July 9, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $19.454 million in acquisition financing for a 71-building/383-bed, scattered-site student housing portfolio at Lehigh University in Bethlehem, Pennsylvania.
In a partnership with San Diego-based D.K. Realty Holdings, LLC, Pathfinder Partners, LLC is nearing completion on downtown Ramona’s newest multifamily community – finalizing construction on the model units at Paseo Village Townhomes in Ramona. Located in the heart of rapidly growing Ramona in northeast San Diego County, the new, 31-unit, nine-building luxury development is at Day and La Brea streets. A public grand opening – unveiling three newly complete and fully furnished models – will be held Saturday, July 14, from 11 a.m. to 4 p.m.
In a partnership with San Diego-based D.K. Realty Holdings, LLC, Pathfinder Partners, LLC is nearing completion on downtown Ramona’s newest multifamily community – finalizing construction on the model units at Paseo Village Townhomes in Ramona. Located in the heart of rapidly growing Ramona in northeast San Diego County, the new, 31-unit, nine-building luxury development is at Day and La Brea streets. A public grand opening – unveiling three newly complete and fully furnished models – will be held Saturday, July 14, from 11 a.m. to 4 p.m.
Greystone, a commercial real estate lending, investment and advisory company, announced it has provided a $10,687,000 Fannie Mae DUS loan to refinance Casa Bella Apartments in Los Angeles, California. The loan was originated by Matt Stevens, managing director at Greystone, with Don Salka of First Pacific Financial acting as correspondent on the transaction.
HFF announces acquisition financing for Landmark of Conroe, a 200-unit, Class A, garden-style apartment complex in Conroe, Texas.
Michael A. Costa, President and Chief Executive Officer of California-based Highridge Costa Companies, has been inducted recently into the California Housing Consortium’s 2018 California Housing Hall of Fame, Private Sector, in recognition of his many contributions to the affordable housing industry. The induction took place at the Consortium’s 2018 Policy Forum & California Housing Hall of Fame Awards, held on May 11 at the Fairmont Miramar Hotel in Santa Monica, California.
