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…
Loan originator David Brody with Eastern Union arranged $12 million toward the refinancing of a one-story, 35,210-square-foot industrial building in the Williamsburg section of Brooklyn. The property is currently net-leased by the City of New York. The refinancing carried a 65% loan-to-value…
Zalmi Klyne, SVP and managing director of Northmarq’s Los Angeles Debt + Equity team, secured the internal refinance of Park Place Apartments, a 47-unit multifamily property in Lancaster, for $8.28 million. Northmarq arranged financing on behalf of the borrower, a private investor,…
Woodfield Development secured a $53.7 million senior loan for Margaux Midtown, a luxury apartment community in Nashville, Tennessee. BWE’s provided financing, which was structured by Adam Bieber and Alec Jenkins from BWE’s Washington, D.C. office. Delivered in 2023, Margaux is a luxury…
DZL Management has obtained a $135 million loan refinancing of Cummins Station, a mixed-use asset totaling 408,000 square feet. Originally built in 1906, the historic property has undergone renovations since to transform it into its current state as a mixed-use…
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