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Archive for the Category ‘Multi-Family’

Starwood CEO Sternlicht, Partners to Invest $100M in South Beach Hotel, Condos

Starwood CEO Sternlicht, Partners to Invest $100M in South Beach Hotel, Condos

A consortium including affiliates of Starwood Capital Group, the LeFrak Organization and Invesco Ltd. have purchased a beachfront, mixed-use property in Miami’s South Beach, including a hotel formerly known as the Gansevoort.

SL Green Completes Pieces of $416M Transaction Announced in October

SL Green Completes Pieces of $416M Transaction Announced in October

In two separate transactions, SL Green finalized previously announced deals in its prime hunting ground, Midtown New York City.

Walker & Dunlop Provides $164M in Freddie Financing for Connecticut Multi-Family Properties

Walker & Dunlop Provides $164M in Freddie Financing for Connecticut Multi-Family Properties

Walker & Dunlop L.L.C. has come through for Principal Management Partners with a $163.8 million loan package for the refinancing of a four-property apartment portfolio in Connecticut.

Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing

Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing

Aided by $52 million of financing placed by Holliday Fenoglio Fowler L.P., The Scion Group and Arch Street Capital Advisors have snapped up two student housing properties in Texas.

Morgan Group Refis Five Multi-Family Properties for $146M

Morgan Group Refis Five Multi-Family Properties for $146M

The Morgan Group, a company focused on development, construction and property management of luxury multi-family properties, has arranged financing of $146 million on behalf of its affiliated investment partnerships.

San Diego State Student Housing Refi’d for $56M Through AIG

San Diego State Student Housing Refi’d for $56M Through AIG

Acting on behalf of AIG, Holliday Fenoglio Fowler has obtained a $56 million loan for Sterling Collwood, a premier student-housing property near San Diego State University.

Marcus & Millichap: Rental Market to Hit New Levels in 2012

Marcus & Millichap: Rental Market to Hit New Levels in 2012

The reports on multi-family’s continued surge keep coming in, and the latest comes from Marcus & Millichap: While 2011 was a great year for the apartment sector, that momentum will likely continue in 2012 — contingent on the health of the larger economy.

American Campus Communities Takes $208M in Student Housing

American Campus Communities Takes $208M in Student Housing

American Campus Communities Inc. has just expanded its portfolio by nearly 2,000 beds with the acquisition of 26 West Apartments in Austin and the purchase of a controlling stake in The Varsity in College Park, Md., for a total of $208 million.

Nine-Property Seattle M-F Portfolio Gets $155M Freddie Refi

Nine-Property Seattle M-F Portfolio Gets $155M Freddie Refi

Financing to the tune of $155.3 million has been put in place for a 2,184-unit apartment portfolio in metropolitan Seattle by CBRE on behalf of owners Holland Partner Group and Invesco.

San Diego Multi-Family Picked Up by Invesco

San Diego Multi-Family Picked Up by Invesco

Monarch at Shadowridge, a 314-residence apartment community has changed hands in what Jones Lang LaSalle Capital Markets, the real estate services firm that represented the seller, describes as the one and only trade of a Class A apartment property in San Diego County in 2011.

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