New York-Based Firm Makes $39M Fannie Loan

Hunt Real Estate Capital has provided a Fannie Mae conventional multifamily loan in the amount of $39 million to refinance a manufactured housing community located in Boulder, Colo. Boulder Meadows is a 638-unit, 4-Star multifamily/mobile-home park community. Included in the 638 units are 97 community-owned homes, of which three are used as residences for the… Read more...

Greystone Brown Closes $51.7 Million Sale of Multifamily Property

Greystone Brown Real Estate has closed $52 million sale of Avocet Apartments, a 336-unit multifamily property in San Antonio. Greystone Brown acted for both parties in the transaction, advising the seller, Stone River, as well as the buyer, Benimax. The transaction, which closed on Sept. 5, 2018, was handled by Taylor Brown, Steve Mack, and… Read more...

Hunt Makes Two Freddie Mac Small Balance Loans

Hunt Real Estate Capital has provided two Freddie Mac Small Balance Loans totaling $7.42 million to finance the acquisition of two multifamily portfolios located in the Bronzeville neighborhood of Chicago. The hybrid loans are structured as 20-year fixed-to-floating rate loans with three-years interest only, followed by a 30-year amortization schedule. Both proposed transactions will have… Read more...

Greystone Closes Industry’s First CLO Comprised Solely of Healthcare Assets

Greystone has closed the industry’s first collateralized loan obligation that consists of only healthcare assets, particularly skilled nursing, assisted-living and independent-living facilities. The Greystone Commercial Real Estate Notes is a $300 million collateralized loan obligation backed exclusively by bridge loans on healthcare-related properties. The company is a real estate lending, investment and advisory company in… Read more...