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. Regarded as one of the premier urban office, retail, and residential markets on the West Coast, Bellevue bo...
Source: rew-online.com