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Walker & Dunlop Capital Markets Closes $60 M in Construction Take-Out Financing for Chicago-Area Luxury Community
14+ hour, 4+ min ago (287+ words) The Walker & Dunlop Capital Markets Real Estate Finance team led by Dave Hendrickson, Pat Modig, Jonathan Paine, Mo Beler, Will Crittenberger and Philippe La Pointe originated the fixed-rate, interest-only financing provided by Freddie Mac on behalf of Optima, Inc. has…...
Gantry Secures $14 M for Fresno Multifamily Manufactured Housing Community Fresno
14+ hour, 8+ min ago (349+ words) Yield PRO Gantry, the largest independent commercial mortgage banking firm in the U. S. , has secured a $14 million permanent loan for a 260-site manufactured housing community located in Fresno, Calif. The property covers 37. 5-acres and offers extensive landscaping and amenities, including a…...
Bonaventure Senior Living Begins Central Oregon Development in Corvallis Oregon
14+ hour, 26+ min ago (309+ words) Yield PRO Bonaventure Senior Living has started work on a 151-unit senior living community in Corvallis, Ore. The property is slated to open in late 2027. When it comes to market, Bonaventure's new project will offer 62 independent living, 62 assisted living and…...
Riverside Investment and Singerman Real Estate Acquired Former Two Wells Fargo Center for Mixed-Use Development
14+ hour, 36+ min ago (125+ words) Riverside Investment & Development and Singerman Real Estate acquired the former Two Wells Fargo Center at 301 S. Tryon St. The joint venture paid $36. 5 million. CBRE's Patrick Gildea and Matt Smith represented the seller in the transaction. The property, now called 301 South Tryon,…...
Empire Group of Companies Advancing Plans for Mixed-Use Development to be State's Tallest Tower
1+ day, 14+ hour ago (48+ words) Yield PRO Diversified Partners is leading leasing efforts for the project's retail. The project is expected to be permit-ready by the end of 2026, with an anticipated three-year construction timeline....
Marcus & Millichap Arranges $8. 675 M Sale of the Roosevelt Apartments in New Bedford Massachusetts
1+ day, 8+ hour ago (351+ words) Yield PRO Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Roosevelt Apartments, a 73-unit apartment building in downtown New Bedford's historic district. The asset traded…...
Multifamily Developer Cortland Sells 276-Unit Luxury Apartment Community Adair Onion Creek in Austin Texas
1+ day, 14+ hour ago (177+ words) Cortland has sold Adair Onion Creek, a 276-unit community in Austin, Texas. Bader acquired the property, backed by a Mesa West Capital debt fund. The asset entered into Cortland's ownership after the company acquired Pure Multi-Family REIT in 2019. The all-cash…...
CEDARst Locks $68. 5 M Construction Loan and Breaks Ground in Fort Lauderdale
1+ day, 13+ hour ago (429+ words) CEDARst Companies, a vertically integrated real estate firm and a leader in U. S. multifamily development, is advancing its latest South Florida project with the closing of a $68. 5 million construction loan for a new mixed-use development in Fort Lauderdale's Flagler Village neighborhood....
LUXCOM Secures $72 M Refinance for Fort Lauderdale Multifamily Community Sereno In Sunrise Florida
1+ day, 14+ hour ago (251+ words) LUXCOM has obtained a $72 million bridge refinancing loan for Sereno, a 235-unit luxury community in Sunrise, Fla. Dwight Mortgage Trust originated the note. The borrower will use the process to repay construction debt, cover transactions costs and establish an interest…...
Evergreen Real Estate Group Completes 60-Unit Affordable Rental Community Rifle Apartments in Rifle Colorado
1+ day, 14+ hour ago (268+ words) Chicago-based Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties announced the completion of Rifle Apartments, a 60-unit income-restricted rental community in Rifle, Colo. The development, which is professionally managed…...