Finance

Meridian-at-Bedford-New-Hampshire

BEDFORD, N.H. — Northmarq has arranged the financing and sale of The Meridian at Bedford, an 85-unit community at 66 Hawthorne Ave. in Bedford. The seller was a private, New Hampshire-based investor, and the buyer was Arrowpoint Properties LLC. The asset traded for approximately $24 million. Northmarq’s debt and equity team arranged a $17.7 million Fannie Mae loan for Arrowpoint. The community, which was renovated in 2024, features a fitness center, laundry facilities, storage and a recreation room. Units are offered as studio, one- or two-bedroom floor plans.

0 FacebookTwitterLinkedinEmail
Link-at-Boca-Florida

BOCA RATON, FLA. — A joint venture between South Florida-based developer 13th Floor Investments and Boston-based private equity firm Rockpoint has obtained a $100 million construction loan from Santander Bank for Link at Boca, a 340-unit property with 24,000 square feet of retail space in Boca Raton. The project was announced in 2025. Construction is expected to begin later this month. The developers estimate the project will be complete within two years. The project, located at 680 Yamato Road, is adjacent to the Boca Raton Tri-Rail station, which is a …

0 FacebookTwitterLinkedinEmail
Lakeside-Villas-Sunrise

SUNRISE, FLA. — David Schwadrom has sold Lakeside Villas, a 116-unit, build-to-rent property in Sunrise, 36 miles north or Miami, for $23 million. The buyer is a joint venture consisting of MAP Communities, Highline Real Estate and 340 Properties. JLL arranged a $15.5 million acquisition loan on behalf of the buyer, while Marcus & Millichap arranged the sale on behalf of Schwadrom. The asset, built in 1984, had not traded during the past 30 years, approximately. The property sits on 14 acres and features single-family, two-bedroom, two-bathroom villas with private …

0 FacebookTwitterLinkedinEmail
The-District-Round-Rock-Texas

ROUND ROCK, TEXAS — Newport Beach California-based Mark IV Capital has received an $86 million construction for the first phase of The District in Round Rock, a master-planned, mixed-use project in Round Rock approximately 20 miles north of Austin. The lenders were BDT & MSD Partners and an affiliate of Apollo (NYSE: APO). George Smith Partners arranged the financing. Mark IV acquired the site from Dell Technologies in 2016 and has since been finalizing planning and entitlements. Loan proceeds will fund vertical construction of Phase I, which consists of a …

0 FacebookTwitterLinkedinEmail

AUGUSTA, GA. — Affordable housing finance firm Churchill Stateside Group has arranged and closed a $14 million FHA 223(f) loan for Lakeview Terrace, a recently completed, 200-unit community in Augusta restricted to households earning no more than 60 percent of area median income. The FHA 223(f) loan provides long-term, fixed-rate financing for existing multifamily properties, including newly constructed communities transitioning from construction to permanent financing. In addition to the loan, the project also was funded by 4 percent federal and state low-income housing tax credits. Details about the development team …

0 FacebookTwitterLinkedinEmail
Arista-Glendale

GLENDALE, CALIF, — IPA Capital Markets has arranged a $52 million refinancing loan for Arista Glendale, a 98-unit property in Glendale. Dwight Capital was the lender. IPA’s Stefen Chraghchian, based in Encino, California, arranged the five-year, interest-only loan. AHC Capital Holdings and Adept developed the property. Arista Glendale was a redevelopment of a former office building. Amenities include a resort-style pool with private cabanas, grills, an entertaining kitchen, coworking spaces, a package locker system, garage parking and a 24-hour fitness center.

0 FacebookTwitterLinkedinEmail
The-Henley-Grand-Prairie

GRAND PRAIRIE, TEXAS — Walker & Dunlop has arranged a $44.6 million loan to refinance The Henley, a 255-unit property in Grand Prairie. Goldman Sachs Alternatives was the lender, and Dallas-based StoneHawk Capital Partners was the borrower. Located at 3850 Double Oak Ave., The Henley is comprised of one- and two-bedroom units. Amenities include a clubhouse with a golf simulator, conference room, business lounge, game room and kitchen area. Additionally, the property features a resort-style pool, a rooftop lounge, a fitness center, package room, controlled gate access and a dog …

0 FacebookTwitterLinkedinEmail
1900-Parmer-Austin

AUSTIN, TEXAS — Berkadia has arranged a $47 million refinancing loan for Griffin Capital, the El Segundo, California-based owner of 1900 Parmer Apartments in Austin. MF1 Capital was the lender, and Berkadia’s team was led by Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins and Patrick Johnson. The property, located at 1900 E. Parmer Lane, was developed in 2024 and was 98 percent leased at the time of the loan closing. In addition to one- and two-bedroom units, 1900 Parmer features two pools with cabanas, a two-story fitness center with …

0 FacebookTwitterLinkedinEmail
Capitol-at-Stonebriar-Frisco

FRISCO, TEXAS — Irvine, California-based The Bascom Group has sold Capitol at Stonebriar, a 424-unit community at 9600 Gaylord Parkway in Frisco that opened in 2018. JPI was the original developer. The buyer and sales price were not disclosed. The asset was 91 percent occupied at the time of the sale. Newmark Multifamily Capital Markets’ Brian Murphy, Brian O’Boyle Jr. and Richard Furr represented Bascom Group in the sales transaction, while David Schwarz arranged acquisition financing on behalf of the buyer.

0 FacebookTwitterLinkedinEmail
Aurum-Fremont

FREMONT, CALIF. — Berkadia has secured a joint venture equity partner for the final phase of development for Aurum, a 966-unit property adjacent to the Warm Springs BART station in Fremont. This final phase includes 336 units. Brett Betzler and Kaohu Berg-Hee of Berkadia’s Irvine and San Francisco offices brokered the deal. Aurum is located at 3300 Innovation Way and consists of a five-story, elevator-served building that features a structured parking garage, a fitness center, resort-style pool and approximately 4,900 square feet of ground-floor retail. Completion is expected in 2027.

0 FacebookTwitterLinkedinEmail