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    Multifamily Sale of the Week: Villas at Princeton Lakes in Atlanta

    FCP sold the 210-unit Villas at Princeton Lakes to Monday Properties and RSN Property Group for $36.75M. The property is located in the South Fulton area, a prominent suburb of Atlanta. This acquisition marks Monday Properties’ first venture into the Atlanta market and represents the ongoing expansion of its multifamily portfolio, which includes more than 6,700 housing units currently in operation and in the development pipeline across the East Coast. More

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    Positive Q3 results show continued CRE improvement

    The Mortgage Bankers Association (MBA) and CBRE both released positive third quarter numbers for commercial real estate; a trend that is expected to continue until the end of the year. Lower rates were a big factor in these positive numbers and most property types showed increases in dollar volumes. Multifamily had a very favorable third More

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    Lenders will favor self storage in 2025

    Self storage has been one of the better performing asset classes, which will lead to plenty of available capital next year. The permanent finance market is strong with both CMBS and life companies offering solid attractive options. However, bank financing, especially construction financing, is currently more difficult. Many bank lenders continue to sit on the sidelines. Expectations for the economy to improve with limited inflation risk will show confidence in the market for banks to get back into lending. More

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    Hotel lenders are checking in

    Count on more available capital for hotels in 2025 due to pent-up demand and investor eagerness to transact. Hotels will become a more preferred asset class as there is strong value potential; look for more sales activity going forward. Terms will largely stay the same, but there will be more participants willing to lend. Lenders More

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    Deal of the Week: Cathedral City Marketplace in Cathedral City, California

    Calmwater Capital provided short-term first mortgage debt for the acquisition of Cathedral City Marketplace, a 195,000-s.f. grocery-anchored retail center in the greater Palms Springs area. The deal needed a quick close with recently signed leases requiring good news money and time to season the rent roll, which provided some hurdles. Calmwater also had to navigate due diligence and a loan closing as the buyer was completing their own due diligence and simultaneously finalizing their business plan and acquisition. The actual loan collateral evolved and Calmwater had to work hand-in-hand with the sponsor. More

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