Aztec Group2665 S. Bayshore Drive, PH-2AMiami, FL 33133Charles Penan, EVP(305) 938-8621cpenan@aztecgroup.com Aztec Group secured a $6.85M loan for a neighborhood shopping center in Largo, Fla., with Valley Bank. The five-year loan had a sub-4% rate and two years of interest only payments. Penan also closed two non-recourse loans totaling $43M for LBX Investments. The deals were for More
29th Street Capital, a privately held real estate firm,bought the two-building Venue Museum Districtin Houston from Hines. The firm’s acquisition of the property in the Museum District was its 16th purchase of a multifamily asset in the city’s metropolitan region. The Venue Museum District is a 224-unit Class A property built in 2009. The firm More
You can find expanded details about these companies and others by subscribing to the Multifamily Report and to the Crittenden Multifamily Online Directory. The Multifamily Report extensively covers all aspects of the multifamily industry. You’ll get coverage and updates on the busiest developers, buyers, management firms, equity partners and more. Darren Pierce has been promoted More
The hotel lending market continues to improve, especially as spring and summer travel bolsters occupancy numbers. While debt funds will be the most active lenders, look for banks and life companies to seek deals during the second half of the year. Commercial mortgage-backed securities (CMBS) lenders are also returning to normal hotel lending levels, which More
The acquisition market will maintain strength throughout the Sunbelt, with other markets also seeing upticks in investor interest as demand for value-add supply continues to heat up in terms of competition. Kennedy Wilson expands its portfolio with several new acquisitions under its belt. S2 Capital grabs a multifamily community in the Sunshine State. Elkhorn Capital More
Hotel lending so far in 2022 has already outpaced 2021 and borrowers will see plenty of capital options during the second half of the year. Debt funds will continue to lead the pack followed by the banks and select life companies. CMBS lenders have historically been the most active and that market will lead to More
See online directory for complete contact information Barings300 S. Tryon St.Suite 2500Charlotte, NC 28202Jonathan Bock, CFO Frost Bank111 W. Houston St.San Antonio, TX 78205Robert Crawford, Managing Director HALL Structured Finance2323 Ross Ave.Suite 200Dallas, TX 75201Donald Braun, Managing Director Hanmi Financial Bank3660 Wilshire Blvd.Suite 917Los Angeles, CA 90010David Jeon, SBA/Business DevelopmentBonnie Lee, President/CEO Madison Realty Capital520 More
Borrowers will see more aggressive bank lending throughout the rest of the year. Banks will focus on their existing clients but will also start to stretch for new clients. Anticipate banks to also start expanding what properties they will target during the second half of the year. Borrowers could start to see more conservative underwriting More
See Online Directory for Complete Contact Information Hager Pacific Properties4100 Newport Place Drive, Suite 820Newport Beach, CA 92660David Hager, Managing Director Harbert Management1210 E. Cary St., Suite 400Richmond, VA 23219Brian Carney, General Partner Inland2901 Butterfield RoadOak Brook, IL 60523Ravi Bansal, Chief Investment OfficerAnthony Casaccio, President/CEOCatherine Lynch, CFO/DirectorRobert Parks, DirectorMitchell Sabshon, CEO JVM Realty Corporation903 Commerce More
George Smith Partners10250 Constellation Blvd., Suite 2700Los Angeles, CA 90067 Gary Mozer, Co-Founder/Principal(310) 867-2910gmozer@gspartners.com George Smith Partners placed $39M in construction debt and advised on $20M Limited Partner equity for the ground-up construction of a 137-unit mixed-use development with ground floor retail in Midtown Sacramento, Calif. Mozer also placed a $105M non-recourse construction loan and $17.12M More
(2022 projected investment volume and preferences) KBSVolume: $500M-$1B$200M in in the pipeline so far this year; $50M-$300M equity pieces for office, industrial, multifamily and mixed-use development and infill opportunities; core, core-plus and JV development transactions; well-located business-friendly markets with solid infrastructure and the ability to attract top-tier talent Canyon Partners Real EstateVolume: $500MInvested $75M so More
FCP was attracted to this garden-style property in College Park, a submarket of Atlanta, because it is rare to find a multifamily residence consisting solely of townhomes, which renters tend to desire. Property: Avery Townhomes, a 220-unit Property in College Park, Ga. Buyer: FCP Seller: Auerbach Funds and Dunross Capital Price: $32 million Avery Townhomes More
Miami, Florida
November 7-8, 2023
Crittenden Report 12-Month subscribers attend for free!
