Fannie Mae Provides Financing for Simi Valley Apartments

Fannie Mae Provides Financing for Simi Valley Apartments

Decron Properties scored more than $80 million in refinancing for an apartment complex in Ventura County. The Los Angeles-based firm received an $82.9 million refinancing loan for the River Ranch apartments at... Read more »
Decron Obtains Low-Rate M Financing on Simi Valley Apartments

Decron Obtains Low-Rate $83M Financing on Simi Valley Apartments

BWE has secured an $82,885,000 loan to provide permanent financing for River Ranch Apartments, a 398-unit, garden-style apartment community in Simi Valley. SVPs Jake Roberts and Mike Guterman of BWE’s Los Angeles... Read more »
How Public Financing Wins Projects Before You Build

How Public Financing Wins Projects Before You Build

In the homebuilding business, the war is often won or lost before a single foundation is poured. The real battle takes place in conference rooms and municipal offices, where the language of... Read more »
IPA Capital Markets Arranges Financing on Two Luxury LA Multifamily Properties

IPA Capital Markets Arranges Financing on Two Luxury LA Multifamily Properties

IPA Capital Markets, a division of Marcus & Millichap, finalized the $44-million financing of two luxury multifamily properties in Los Angeles. Moderno Axis, a 126-unit apartment complex located at 7650 Van Nuys Blvd. in... Read more »
Slatt Arranges Life Company Financing for Pasadena Mixed-Use

Slatt Arranges Life Company Financing for Pasadena Mixed-Use

Slatt Capital, a nationally recognized commercial mortgage banking firm, closed a financing transaction totaling $10.2 million for a mixed-use project in Pasadena. San Diego-based principal Gary Goss led the refinancing transaction for The Standard,... Read more »
RXR Closes on Financing for FiDi Office-to-Resi Conversion

RXR Closes on Financing for FiDi Office-to-Resi Conversion

RXR, in partnership with One Investment Management, has closed on more financing for the $500-million-plus office-to-residential conversion of 61 Broadway, an office building in Manhattan’s Financial District, into a 796-unit residential tower. Construction... Read more »
JEMB’s Herald Towers Secures NYC’s First Multifamily C-PACE Financing

JEMB’s Herald Towers Secures NYC’s First Multifamily C-PACE Financing

North Bridge ESG LLC, a leading provider of real estate credit solutions, closed on $8.5 million in C-PACEfinancing to support infrastructure upgrades at Herald Towers, a three-tower apartment complex located at 50... Read more »
Hesperia Industrial Secures First Lien Construction Financing

Hesperia Industrial Secures First Lien Construction Financing

JLL Capital Markets arranged $33.8 million in first lien construction financing for 10400 Amargosa Rd., a to-be-built, Class A industrial facility in Hesperia. The Covington Group will develop the project on behalf of owner/user... Read more »
Five-County NJ Multifamily Portfolio Scores 6M Financing

Five-County NJ Multifamily Portfolio Scores $296M Financing

JLL Capital Markets secured a $296-million financing for a 13-property, 1,880-unit multifamily portfolio across New Jersey. Senior managing directors Michael Klein and Thomas E. Didio, Jr., associate Michael Mataras and senior analyst Joseph Gruber represented the borrower to... Read more »
Newmark Secures M in Financing for DC Residential Conversion

Newmark Secures $64M in Financing for DC Residential Conversion

Newmark has arranged $64 million in permanent financing for Elle, a newly reimagined high-rise residential development located in Washington, D.C.’s Golden Triangle. Newmark Vice Chairman Brian Kochan, Director John Chobanian and Associate... Read more »