Broadway East Senior Apartments

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  • MC Companies Closes on 1,500-Plus Units of Mostly Subsized Housing

    MC Companies has recently purchased an 8-property multifamily portfolio in Tucson through its Tucson 8 Opportunity Fund, the group announced in a press release. The acquisition included a total of 1,576 units. According to Real Estate Daily News, Berkadia Commercial Mortgage financed the sale with 25% down payment from MC Companies. The financier’s local investment sales and real estate brokerage arm, Berkadia Real Estate Advisors of Tucson represented the buyer as well as the seller – Family Housing Resources, Inc., an HUD Approved Housing Counseling Agency – in the negotiations.

    West 29 May 2015 22:00

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