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News
Waterton Acquires 482-Unit Reserve at Chino Hills Apartments in Chino Hills California
3+ day, 10+ hour ago (468+ words) Yield PRO Waterton, a national real estate investor and operator, announced it has acquired Reserve at Chino Hills, a 482-unit rental community in Chino Hills, CA. The 20-acre garden style community at 4200 Village Dr. comprises 46 residential buildings and a clubhouse....
New York State and Community Renewal Announces Completion of 72-Unit Mixed-Use Affordable Multifamily Development in Broome County
3+ day, 12+ hour ago (97+ words) yieldpro.com The development offers 12 supportive apartments for residents who will receive on-site services through the YMCA of Binghamton and Broome County. The supportive apartments are funded by an Empire State Supportive Housing Initiative and administered by the New York…...
Berkadia Arranges $38.55M Refinancing for Tennis Towers Apartments in West Palm Beach Florida
3+ day, 12+ hour ago (204+ words) yieldpro.com Berkadia, a distinguished leader in the commercial real estate sector, announced that it secured $38.55 million in refinancing for Tennis Towers Apartments, a 306-unit multifamily community in West Palm Beach that has been owned and operated by Rich Properties…...
Gantry Secures $48.3M for Minnesota Class A Multifamily Construction Takeout Loan
4+ day, 13+ hour ago (51+ words) Yield PRO Gantry’s Joe Monteleone, Principal, and Bonnie Monteleone, Senior Associate, with the firm’s St. Louis production office represented the borrower, a private real estate investor. The 10-year, fixed rate, non-recourse, full-term interest only loan was secured from Freddie Mac....
Draper and Kramer's Commercial Finance Group Closes $93.5M Refinance for Multifamily Property in Chicago's Fulton Market
4+ day, 14+ hour ago (542+ words) The Elizabeth Yield PRO Draper and Kramer, Incorporated, a national full-service real estate firm, announces a team led by Bill Barry and Bill Stewart, both senior vice presidents with the firm’s Commercial Finance Group (CFG), has closed a $93.5 million refinance…...
Berkadia Arranges $44M Refinancing for The Harlow in Wesley Chapel Florida
1+ week, 3+ day ago (260+ words) Berkadia, a distinguished leader in the commercial real estate sector, announced that it secured $44 million in refinancing for The Harlow, a 248-unit, Class A, garden-style multifamily community in Wesley Chapel, Florida. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler,…...
JLL Capital Markets Secures $21.5M Construction Loan for Miami Dade County's Newest Multifamily Mixed-Use Development
1+ week, 3+ day ago (671+ words) Yield PRO JLL Capital Markets announced today that it has arranged a $21.5 million construction financing for MMG Equity Partners’ Coral Nest development, a mixed-use project featuring 38 for-sale townhomes and three retail outparcels in Miami, Florida. JLL represented MMG Equity Partners,…...
Gantry Secures $20.7M Refinance for Pacific Northwest Multifamily Communities
1+ week, 3+ day ago (60+ words) Yield PRO Gantry’s Blake Hering, Principal, Charlie Kokernak, Director, and Hrishi Bukshin, Associate, with the firm’s Portland production office represented the borrower, a private real estate investor. Both five-year, fixed rate, non-recourse, full-term interest only loans were secured from an…...
$76.25M in Capital Secured for Multifamily Apartment Project Thompson Oaks in West Saint Paul
1+ week, 3+ day ago (691+ words) Yield PRO JLL Capital Markets announced that it has secured financing totaling $76.25 million for Thompson Oaks, a 291-unit multi-housing development located along the Robert St corridor in West St. Paul, Minnesota. JLL represented the Sponsor, Greco and Swervo Management, in…...
SCALE Lending Issues $245M Bridge Loan for Upland Park Phase 1A Completion
1+ week, 4+ day ago (262+ words) SCALE Lending, the debt financing arm of Slate Property Group, announced that it has finalized a $245 million bridge loan for Terra Group for Upland Park Phase 1A, a six-building multifamily community under construction in the Sweetwater neighborhood of Miami, Florida. Terra…...