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• San Jose Multifamily Development Lands $345 Refi Loan
7/13/22
Bayview Development Group has obtained a $345 mil refi on Miro, a Class A, two-tower, 630-unit, high-rise multi-housing community located in downtown San Jose.
The bold and modern designed, two-tower 28-story Miro features s...
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• Manulife Investment Management Secures $40 Mil Recapitalization on Two CRE Assets in Downtown Portland
6/30/22
Manulife Investment Management has obtained $40 mil in financing for the recapitalization of LL Hawkins Apartments and Slabtown Marketplace in the Slabtown neighborhood near downtown Portland.
Located at 1515 NW 21st Ave, LL...
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• Brasa Capital Management Closes Second Investment Fund Oversubscribed at $450 Mil
6/29/22
Brasa Capital Management LLC (“Brasa”), has closed Brasa Real Estate Fund II LP (“Fund II”), reaching its hard cap of $450 mil.
With a Fund II target of $300 mil, Brasa has now exceeded its fundraising goal on its first tw...
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• Pahlisch Commercial Obtains $50 Mil for OR Res Development
6/24/22
Pahlisch Commercial has received a $50.8 mil senior loan for the ground-up construction of Henley Place, a 178-unit, six-story multifamily community located on SE Main Street in Milwaukie, OR, a suburb of Portland. The money ...
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• Purchase of Adjacent OR Multifamily Complexes Financed with $50 Mil in Loans
6/21/22
An unnamed private investor acquired two adjacent, recently completed multifamily complexes totaling 215 units in Oregon. The transaction was financed with $50.5 mil of permanent financing arranged by Gantry.
The properties...
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• Cliff Carnes Joins Matthews Real Estate Investment Services as Executive Vice President
6/20/22
Cliff Carnes has joined Matthews Real Estate Investment Services as Executive Vice President, Managing Director of the firm’s Capital Markets Division. Previously positioned as Senior Vice President and Chief Production Offic...
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• Walker & Dunlop Investment Partners and Pacific Life Form Investment Partnership
6/17/22
Walker & Dunlop Investment Partners Inc (WDIP) and Pacific Life have partnered to form a $500 mil programmatic joint venture. The joint venture will make equity investments in multifamily and industrial properties across the ...
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• Security Properties Lands $180 Mil in Equity and Construction Money for Seattle Mixed-Use Tower
6/15/22
Security Properties Inc has obtained a $65.16 mil joint venture equity investment and $115.25 mil of construction financing for The Confidential, a trophy mixed-use development located in Seattle’s Belltown submarket. The joi...
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• Preservation Equity Fund Advisors LLC Closes Its WNC Preservation Equity Fund 2, L.P.
6/09/22
Preservation Equity Fund Advisors LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, has closed its WNC Preservation Equity Fund 2, L.P. It achieved ...
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• Oahu Mixed-Use Portfolio Recapitalized in $65 Mil Financing Deal
6/01/22
A mixed-asset portfolio located on the island of Oahu has been recapitalized with $65 mil of permanent money. The two financed properties are Hanua Logistics Center, a recently completed 226.9k sf, Class A warehouse facility,...
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• Swift Real Estate Partners Obtains $32.5 Mil in Financing for Seattle Office Buy
5/26/22
Swift Real Estate Partners recently acquired 425 Pontius, a four-story, 75k sf boutique office building in Seattle for $39.5 mil ($525/sf), as reported by RENTV in April. We recently learned that the deal was financed with a ...
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• Ventura County Retail Center Lands $24 Mil Refi
5/25/22
Village at Moorpark, a 129k sf suburban retail center in the Ventura County city of Moorpark, was just refinanced by its private investor owner with a new loan for $24 mil. The refi was arranged by Gantry.
The property, loc...
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• Colorado Multifamily Community Lands New Financing of $58 Mil
5/24/22
The Bluffs at Castle Rock, a 220-unit, garden-style multifamily community in Castle Rock, CO, is being renovated and recapitalized, thanks to a new $58.2 mil senior loan. The funding is being provided to the joint venture own...
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• Intersection CRE Buys 93k sf Industrial Asset in Gilbert, AZ
5/20/22
San Diego-based Intersection CRE purchased KeyWest Plaza, a 92.8k sf, four-building industrial property in Gilbert, AZ. The deal was financed with a loan for $10.4 mil.
Situated on 5.34 acres at 700-734 North Golden Key St ...
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• Sunroad Enterprises Obtains $200 Mil Take-Out Loan on Just Completed San Diego Area Res Community
5/20/22
Sunroad Enterprises has secured a $203 mil construction takeout financing for Vive Luxe, a Class A, 442-unit, multi-housing community the firm built in San Diego’s Kearny Mesa submarket.
Built in 2022, Vive Luxe offers studi...
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• Pismo Beach Hotel Lands $50 Mil Refi
5/13/22
Sonnenblick-Eichner Company has arranged $50 mil of long-term, fixed-rate first mortgage financing for the Cliffs Hotel & Spa, a 162-room, full-service, luxury boutique hotel located on a bluff overlooking the Pacific Ocean i...
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• Universe Holdings Lands Refi of $30 Mil on San Fernando Valley Multifamily Community
5/11/22
Universe Holdings has secured a refi loan of $30.3 mil on Nantucket Creek, a 172-unit, garden-style, age-restricted (55+) apartment community in the San Fernando Valley community of Chatsworth.
Nantucket Creek comprises one-...
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• Portland Res Community Refinanced with $71 Mil Loan
5/04/22
A Security Properties affiliate has obtained a $71 mil refi loan on Peloton Apartments, a three-building, 265-unit Class A multifamily community in Portland. The building name - Peloton - means a group of bike riders, paying ...
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• Longpoint Realty Partners Picks Up San Fernando Valley Industrial Property
5/03/22
Boston-based Longpoint Realty Partners purchased Van Nuys Industrial Park, a fully leased, value-add business park comprising four buildings totaling 84.3k sf and two land parcels in the central San Fernando Valley community ...
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• LDK Ventures to Build 345k sf Industrial Park in Idaho
5/03/22
LDK Ventures plans to build a three-building, 345k sf industrial park in Nampa, ID, approximately 20 miles west of Boise. The project, located at the corner of Madison Rd and E Cash Lane, is being funded with a $37.4 mil seni...
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