Barings provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh. The mixed-use development was delivered in 2020 by a joint venture between Kane Realty Corporation, Williams Realty & Building Company, and Lionstone Investments. Smoky…
Berkadia arranged the financing of two Jacksonville apartments. The refinancing, which amounted to $73 million for both multifamily properties, was on behalf of ROI Capital. Brad Williamson, Wesley Moczul, Mitch Sinberg, Matt Robbins and Scott Wadler all had a hand…
CBRE has facilitated a $61.3 million loan for Florida Gateway Logistics Park – Building 800, a fully leased and newly built 1 million-square-foot warehouse in Jacksonville, Florida. Brian Linnihan, Mike Ryan, Richard Henry, and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance…
Northmarq secured a $55 million refinance of Lincoln at Dilworth, a 379-unit multifamily property in Charlotte, North Carolina. Built in 2018 and located at 905 Kenilworth Ave., Lincoln at Dilworth is conveniently located near Uptown Charlotte. The property boasts close…
A joint venture team made up of SYNCO Properties and Schlosser Development obtained an $80.8 refinancing for The Colony Southpark, a recently completed 340-unit multifamily community in Charlotte. Nate Sittema, Kristen Reilley, and Ben Hardee with CBRE Capital Markets’ Debt…
A joint venture between Childress Klein and Cameron Management obtained a $48.5 million loan for refinancing the Element Barclay Station, a 286-unit apartment complex in Wilmington, North Carolina. The 12-year fixed-rate loan was secured through a life company. Located at…
GrayCo obtained a $34 million refinancing for the Bristol Park at Riverchase, a 300-unit apartment complex in Madison, TN, not far from Nashville. BWE’s Charles DuBose and David Foulk originated the financing from Fannie Mae on behalf of GrayCo. The…
JLL Capital Markets arranged a $52-million refinancing for Atria Newport Beach, a 168-unit senior living community located in Newport Beach. Senior managing director Aaron Rosenzweig and director Dan Baker represented the borrower, a partnership between a national REIT and Atria Senior Living. MidCap Financial, a commercial finance company…
Avison Young arranged a $24-million first mortgage refinancing of a retail condominium at 30 E. 85th St. on Manhattan’s Upper East Side for an affiliate of owner/developer The Zucker Organization. The 35,000-square-foot, multi-tenanted property is fully leased, with tenants including an…
Brickstone Partners announced a $58 million refinancing of its Fort Collins portfolio provided by Blackstone. Brickstone acquired the portfolio consisting of two communities, The Junction Apartments and The Alpine Apartments, totaling 288 units and 9,390 square feet of retail space…
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