The Milestone Group

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  • Walker & Dunlop Provides $278M Fannie Mae Credit Facility for 20 M-F Properties

    Walker & Dunlop has provided a $278 million Fannie Mae credit facility to Milestone Apartments REIT, which is using part of the proceeds to fund two multi-family acquisitions totaling $78 million.

    National 16 May 2014 14:16
  • Milestone Apartments REIT to Acquire 358-Unit Canyon Chase Apartment Community

    Milestone Apartments REIT recently announced it has entered into an agreement to acquire the 358-unit Canyon Chase apartment community. Located in the Westminster submarket of Denver, Colorado, the garden style multifamily apartment community was built in 1986. The Toronto-based REIT acquired the property for a purchase price of $40.5 million, represented an estimated initial capitalization rate of 6.55 percent and the transaction is expected to be immediately accretive to the REIT’s AFFO per unit.

    Denver 25 July 2013 15:48

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