Commercial Lending

Commercial Lending (174)

Fannie, Freddie, Hunt Complete 1031 Exchange Under a Tight Deadline

Hunt Real Estate Capital provided agency loans of around $22.5 million to finance the acquisition of two multifamily properties located in Arizona. The Barone Group and strategic partners backed both deals. Duke Stone at Churchill… Read more...

Commercial-Multifamily Mortgage Debt Sets a Record

The amount of commercial-multifamily mortgage debt outstanding rose by $45.4 billion, 1.4 percent, in the third quarter of 2018 to an all-time high, according to the Mortgage Bankers Association. Total commercial-multifamily debt outstanding rose to… Read more...

Olympus Acquires Multifamily Property Near Houston

Olympus Property has purchased Echo at Katy Ranch, a garden-style community built in 2013 and located near Houston. Olympus Katy Ranch, the new name of the property, is the twelve acquisition the organization made in… Read more...

CIT Bank Inaugurates Multifamily Loan Program in Southern California

 CIT Bank has unveiled a new community investment loan program that provides construction loans and permanent financing for multifamily affordable housing and community facilities across Southern California. CREA LLC, a real estate advisory firm, will… Read more...

Elion, Buchanon To Purchase Multifamily Complex

Elion Partners and Buchanan Partners plan to acquire a 164-unit multifamily housing property and an adjacent 3.5-acre land parcel in Montgomery County, Md. The asset and adjacent land parcel were acquired for $34 million, with… Read more...

National Health Investors Financing Nursing Home

National Health Investors Inc. has agreed to finance the development of a 144-bed skilled nursing facility located near Milwaukee, Wisc., for a commitment of $25.35 million. The initial funding under the commitment was $4,700,000 and… Read more...

Multifamily on Track for Solid 2018

The multifamily market has so far had a solid 2018, with rent growth of 3.1 percent. Demand continues to be the main driver. Household formation is running at roughly 1.5 million per year, helping fill… Read more...

Walker & Dunlop Finance Chicago-Based Senior Housing

  Walker & Dunlop has structured $13,920,000 in financing for Willa Rawls Manor, an 11-story, 123-unit affordable housing community for seniors aged 62 and above. The property was developed in 1979 and is 100 percent… Read more...

Carter Acquires Laurel Point Apartments

Carter Multifamily has acquired Laurel Pointe Apartments for around $13 million. Built in 1970, Laurel Pointe has 160 apartments located three miles southeast of downtown Jacksonville, Fla., which offer access to the area's largest employers,… Read more...

Greystar Acquires Phoenix Area Property

Greystar Real Estate Partners acquired the three-property, 845-unit Acacia portfolio located in the Phoenix metropolitan area. The portfolio, which is concentrated in Phoenix’s affluent East Valley and comprises Chandler Court and River Ranch in Chandler,… Read more...

Freddie-Hunt Complete Small Balance Deals

Hunt Real Estate Capital has provided three Freddie Mac Small Balance Loans totaling $11.1 million. To complete the transactions, Hunt provided two cash-out refinances, which provided liquidity for the acquisition of a third property. The… Read more...

Kennedy Wilson Sells San Francisco Property

Kennedy Wilson has sold the Bay Village Apartments in the San Francisco suburb of Vallejo, Calif. The firm owned a 50% ownership in the 260-unit property that was acquired in 2010. “This sale enables us… Read more...

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