Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure at 85% LTV for the acquisition of 501 S. Beverly, a three-story office property in Beverly Hills. The sale price…
BWE, a national commercial and multifamily mortgage banking company, has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment portfolio in Clinton Township, Michigan, part of the Detroit metropolitan area. Adam Gould, senior vice president in BWE’s Detroit office,…
Hunt Real Estate Capital has provided a $38.2 million Freddie Mac Conventional Lease-Up Multifamily loan to finance the acquisition of West End Station Apartments, a 229-unit multifamily property in Winston-Salem. The mid-rise apartment community was completed in 2019, and includes…
NKF has secured an $81.4 million loan for the acquisition of the DoubleTree by Hilton Nashville Downtown. The buyer was AWH Partners and an affiliate of The Inland Real Estate Group. The 341-room property is located in downtown Nashville and…
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