Finance

Atelier Dallas in Dallas, Texas
DevelopmentFinanceNewsTexas

ZOM Living Secures $109 Million Refinancing for Atelier Dallas in Dallas Arts District

by Channing Hamilton

DALLAS — ZOM Living has secured a $109 million refinancing for Atelier Dallas, a residential tower in Dallas’ Arts District. Atelier Dallas broke ground in 2018 and was designed by architecture firm Stantec. The building comprises 10 penthouses, 53 lofts and 364 high-rise units. Amenities include a pool, yoga lawn, outdoor lounge with a grilling area, fitness center, co-working space, wine lockers and a pet spa. The property also offers 15,000 square feet of retail space and two levels of underground public parking. Atelier Dallas is located in walking distance …

Continue Reading
0 FacebookTwitterLinkedinEmail
Tuscany Bay in Lawrenceberg, Indiana.
FinanceIndianaInvestment SalesMidwestNews

Revitate Cherry Tree Acquires Tuscany Bay Near Cincinnati, Closes Fund Activity With $110 Million Portfolio

by Channing Hamilton

LAWRENCEBERG, IND. — Revitate Cherry Tree has acquired Tuscany Bay, a 96-unit property in Lawrenceburg, approximately 26 miles west of Cincinnati. Built in 1999, Tuscany Bay offers two- and three-bedroom floor plans, as well as amenities such as a clubhouse, pool, playground, TV room and fitness center. The property is located 17 miles from the Amazon Air Hub, a $1.5 billion air cargo facility at the Cincinnati/Northern Kentucky International Airport. With the acquisition of Tuscany Bay, Revitate Cherry Tree has completed investment in its multifamily fund with a $110 million portfolio comprising 841 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Kingstone Columns in Marietta, Georgia.
FinanceGeorgiaNewsSoutheast

Walton Communities Secures $45 Million HUD-Insured Loan to Refinance Kinstone Columns Drive in Marietta, Georgia

by Channing Hamilton

MARIETTA, GA. — Walton Communities has secured $45 million HUD-insured loan for the refinancing of Kinstone Columns Drive, a 384-unit community in Marietta, a northern suburb of Atlanta. Brandon Baksh and Karnveer Bal of Dwight Capital originated the loan, which features a 25-basis-point Green Mortgage Insurance Premium. Kinstone Columns Drive comprises 29 three-story buildings, three townhomes, two pool bathhouses, and a leasing office and clubhouse across 30.5 acres. Amenities include a fitness center, business center, playground, tennis court, walking trail, picnic area, sports courts and two pools.

Continue Reading
0 FacebookTwitterLinkedinEmail
An aerial shot of Avenida Watermarq in Germantown, Tennessee.
FinanceNewsSoutheastTennessee

Joint Venture Secures $24.1 Million to Refinance Avenida Watermarq Near Memphis, Tennessee

by Channing Hamilton

GERMANTOWN, TENN. — A joint venture between Passco Companies and Avenida Partners has secured $24.1 million to refinance Avenida Watermarq, a lakefront 161-unit building in Germantown, which is an eastern suburb of Memphis, Tennessee. Knighthead Funding provided the loan. Avenida Watermarq offers one- and two-bedroom floor plans across four stories. The community includes amenities such as a fitness center, library, courtyard, swimming pool, grill area, game room, pet park, theater, art studio and detached garages.

Continue Reading
0 FacebookTwitterLinkedinEmail
The pool at Villa Annette
CaliforniaDevelopmentFinanceNewsWestern

Dwight Mortgage Trust Provides $36.3 Million Bridge Loan for New Inland Empire Development

by Lynn Peisner

MORENO VALLEY, CALIF. — Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $36.3 million bridge loan to refinance Villa Annette Apartments in Moreno Valley, a city in the Inland Empire region of California, about 64 miles east of Los Angeles. Latco Enterprises owns the 220-unit property that is newly built and currently in lease-up. Proceeds from the bridge loan will be used to pay off existing construction debt. Villa Annette sits on 11 acres and comprises 14 two- and three-story buildings that offer a mix of …

Continue Reading
0 FacebookTwitterLinkedinEmail
A chart depicting national disasters across the U.S. Texas has the most disasters.
FinanceIndustry VoicesNewsOperations

Economic Headwinds Are an Opportunity in Disguise for Multifamily Sector

by Channing Hamilton

— By Marc Hershberg, Topaz Capital Group — The multifamily industry has grown massively over the past decade. Total transaction volume was up 250 percent from 2012 to 2018, the biggest year on record. For many, 2020 or 2021 were their best years yet. Even when faced with multiple headwinds in 2022 that included ongoing supply chain disruptions, rising inflation and interest rate hikes, the overall resiliency of commercial real estate was on display. Now, however, we are faced with more economic uncertainty than we’ve experienced in the past 15 …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Village at Eastpointe's pool area
BerkadiaContent PartnerFinanceFloridaNewsSoutheast

Berkadia Arranges $51.5 Million Refinancing of Village at Eastpointe in Fort Lauderdale

by Lynn Peisner

FORT LAUDERDALE, FLA. — Berkadia has arranged the $51.5 million refinancing of The Village at Eastpointe Apartments in Fort Lauderdale on behalf of R.O.I. Capital, a commercial real estate investment company based in Fort Lauderdale. Freddie Mac provided a $42.5 million, five-year, fixed-rate loan. The preferred equity provider, RCG Longview, contributed $8.96 million in equity to the deal. The 296-unit property was developed in 1974 and renovated in 2022. Units are offered in one- and two-bedroom floor plans ranging from 750 to 950 square feet. Amenities include a fitness center, …

Continue Reading
0 FacebookTwitterLinkedinEmail
A 3D render of the Italic, a contemporary style high-rise building.
Affordable HousingDevelopmentFinanceNew YorkNewsNortheast

American Lions Secures $350 Million to Build The Italic In New York City

by Channing Hamilton

NEW YORK CITY — American Lions, a joint venture between Fetner Properties and the Lions Group, has secured a $350 million debt and equity capitalization to develop The Italic. JLL represented the borrower to secure the loan. JLL also arranged the joint venture equity. Christopher Peck and Alex Staikos led JLL’s Capital Markets Debt Advisory team. Rob Hinckley, Steven Rutman and Nicco Lupo led JLL’s Capital Markets Equity Advisory team. The Italic will be a 363-unit mixed-use community in New York City’s Long Island City neighborhood. The project comprises 283,000 …

Continue Reading
0 FacebookTwitterLinkedinEmail
A 3D render of Michigan Street Commons in Milwaukee.
Affordable HousingDevelopmentFinanceMidwestNewsWisconsin

Bear Real Estate Group Secures $20.6 Million in Construction Financing for Michigan Street Commons in Milwaukee

by Channing Hamilton

MILWAUKEE — Bear Real Estate Group has secured $20.6 million in construction financing for the development of Michigan Street Commons, a 99-unit affordable community in Milwaukee. Cesar Diaz of NewPoint Real Estate Capital originated the loan, which is structured as a 4 percent tax-exempt bond financing. Three series of bonds were issued by the Wisconsin Housing & Economic Development Authority. Raymond James was the LIHTC equity syndicator. Michigan Street Commons will rise five stories and offer one- and two-bedroom floor plans. Approximately 30 percent of units will be affordable to …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Pines of Perinton in Fairport, New York
Affordable HousingDevelopmentFinanceNew YorkNewsNortheast

WinnCompanies Renovating Iconic Affordable Property Near Rochester, New York

by Lynn Peisner

FAIRPORT, N.Y. — WinnCompanies has secured $137 million in financing to renovate the Pines of Perinton, an affordable housing community in Fairport, which is about 10 miles southeast of Rochester, New York. The project will preserve affordability provisions for the next 40 years. Various income categories were not disclosed. WinnCompanies acquired the property in late 2019. The Pines was designed and constructed by New York State’s Urban Development Corp. (UDC) between 1972 and 1976, and, according to WinnCompanies, was one of the first affordable housing developments built in the area. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.