RealPage Multifamily Research & Trends

RealPage Multifamily Research & Trends
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Charlotte-Area Apartment Owner Inks $64M Refi

Charlotte-Area Apartment Owner Inks $64M Refi

Atlanta & Southeast + Apartment Buildings

Signature Property Group refinanced Elevate Rocky River, a 360-unit rental community near Charlotte. Regions Bank arranged the $64 million Freddie Mac Loan.  The loan replaces a prior construction loan, following property stabilization, with a permanent debt solution. The community, in Monroe, North Carolina, offers one- and two-bedroom floor plans, is pet-friendly, and features modern, refined...

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Walker & Dunlop Closes $631M Portfolio Refi for IMT Capital

Walker & Dunlop Closes $631M Portfolio Refi for IMT Capital

Apartment Buildings

Walker & Dunlop, Inc. said Monday it arranged $630,618,000 in fixed-rate loans from Fannie Mae to refinance nine multifamily properties across six states on behalf of IMT Capital. The portfolio totals 3,528 units in Florida, Arizona, Texas, Colorado, California and Tennessee. A Walker & Dunlop Capital Markets Real Estate Finance team led by Cory Wizenberg,...

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Development Group Scores Financing for 502-Unit Fort Lauderdale Apartment Complex

Development Group Scores Financing for 502-Unit Fort Lauderdale Apartment Complex

Florida & Gulf Coast + Apartment Buildings

The Fuse Group and KREA Developments landed a $127 million construction take-out loan for The Arcadian, a recently delivered 502-unit Fort Lauderdale multifamily community. Berkadia’s Scott Wadler, Brad Williamson, Bobby Dockerty, and Nicholas Horowitz of Berkadia Miami arranged the financing on behalf of the joint venture. Madison Realty Capital provided the loan. Located at 640...

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