Legacy Partners JV Lands $57M Refi
A JV between Legacy Partners and Affinius Capital has secured the refinancing of Maris, a 306-unit luxury multifamily community in Seattle.
Source: multihousingnews.com
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Cushman & Wakefield and Greystone Close $15.75 Million Refinancing for New 161-Unit Multifamily Project in Tacoma, Washington
NEW YORK, NY - Cushman & Wakefield and Greystone jointly announced the firms have closed on the refinancing for Koz on MLK Way, a newly-built, 161-unit multifamily property in Tacoma, Washington. Cushman & Wakefield served as the exclusive advisor to an affiliate of Koz Development, LLC in arranging approximately $15.75 million of financing for the multifamily asset. The Fannie Mae DUS® financing was provided by Greystone. A Cushman & Wakefield Equity, Debt & Structured...
Source: multifamilybiz.com
1.5 M SF The HUB @ 202 in Mesa secures $224M construction loan
Cushman & Wakefield procured $224,070,000 in acquisition and construction financing for The HUB @ 202 in Mesa, Arizona.
Source: azbigmedia.com
Silverstein Capital Partners closes on $700M west coast construction loan
Silverstein Capital Partners (SCP), Silverstein Properties’ real estate lending platform, closed on a $700 million construction loan on Avenue Bellevue, a 1.1 million-square-foot mixed-use project in Washington State. The deal marks SCP’s first construction financing loan on the West Coast. Avenue Bellevue combines the first InterContinental Hotels & Resorts in the Pacific Northwest, 365 residential condominiums spanning two towers, and 73,000 square feet of retail and fine dining. Regarde...
Source: rew-online.com