Daily Archives: August 12, 2022

Oaktree Capital and MG Properties Acquire 551-Unit Mixed-Use The Platform Urban Apartment Community in San Jose, California

SAN JOSE, CA – Funds managed by Oaktree Capital Management, in a joint venture with MG Properties, have purchased The Platform Urban Apartments, a 551-unit community in San Jose, CA. The Platform is a transit-oriented mixed-use community with 35,000 sf of ground floor retail, completed in 2019. Located in the Berryessa submarket of San Jose, […]

GID Acquires Newly Built 409-Unit Uplund Apartment Community in Suburban Seattle Metropolitan Market of Kirkland

SEATTLE, WA – GID, a vertically-integrated real estate company with corporate offices in Atlanta, has announced the acquisition of Uplund Apartments located in Kirkland, WA, a suburb of Seattle. Built in 2021, the 409-unit community is managed by GID’s wholly-owned property management company, Windsor Communities, and has been rebranded Uplund at Totem Lake by Windsor. […]

Greystone Provides Fannie Mae Financing for Multifamily Property in Washington, DC through HAND Housing Equity in Action Partnership

Greystone, a leading national commercial real estate finance company, has provided a $900,000 Fannie Mae loan to refinance a multifamily property in Washington, DC, through the Equity in Action initiative launched by The Housing Association of Nonprofit Developers (HAND), the Washington Region’s premier member association advocating for affordable housing production and preservation. The financing was […]

Cushman & Wakefield and Greystone Close Sale and Financing of Arkansas Multifamily Property

The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and closed the Fannie Mae DUS® loan assumption for Pinnacle Park at Chenal Valley, a 216-unit multifamily community located in Little Rock, Arkansas.   Cushman & Wakefield’s Martin Bynum and Craig Hey represented the seller in the transaction. […]