Daily Archives: September 13, 2022

Allegro Senior Living Introduces Premier Lifestyle-Driven Community for Florida Seniors in Prime Fort Lauderdale Waterfront Location

FORT LAUDERDALE, FL – Allegro Senior Living, a premier senior living operator, is expanding its Florida presence with Allegro Fort Lauderdale, its 12th community in the state. With more than 45 years of premier senior living experience, Allegro is focused on a singular mission for its new Fort Lauderdale community – to provide a state-of-the-art […]

Atlanta Housing and Its City Partners Break Ground on Juanita H. Gardner Village Senior Living Community in Adamsville Neighborhood

ATLANTA, GA – Atlanta Housing and its city partners broke ground on the Juanita H. Gardner Village, a new construction project that will create 108 independent living senior units in a three-story elevator building in the Adamsville neighborhood. Ms. Gardner, after whom the project is named, is a long-time neighborhood association leader. “All 108 of […]

Greystone Provides $8.9 Million in Fannie Mae DUS® Loans for Two Multifamily Communities in Florida

Greystone, a leading national commercial real estate finance company, has provided $8,900,000 in total Fannie Mae Delegated Underwriting and Servicing (DUS®) loans to refinance two multifamily communities in Melbourne and Tampa, Florida. The fixed-rate, 10 and 15-year term loans with 25-year amortization schedules and full-term interest-only were originated by Cullen O’Grady, managing director in Greystone’s […]

Berkadia Arranges Sale of Class A Multifamily High-Rise in Central Houston, Texas

Berkadia Institutional Solutions announces it has arranged the sale of Chelsea Museum District, a 325-unit trophy-quality multifamily high-rise in Central Houston, Texas. Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Jeff Skipworth, Chris Young and Joey Rippel and Director Kyle Whitney of Berkadia Houston marketed the property on behalf of the seller, Alliance […]

Monument Capital Management (MCM) Sells Park West Apartments in Greenville, SC for $39 Million

  Park West was part of Monument Opportunity Fund III    Greenville, SC – Monument Capital Management (MCM), an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announced the sale of Park West Apartments in Greenville, SC. The sale price was $39 million.  Monument, was represented by Tai Cohen with Cushman Wakefield in […]

Intercontinental Real Estate Corp and MG Properties Acquires Agoura Hills Community for $87.3 Million

Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million.    Built in 1986, The Lexington offers a unit mix of one- and two-bedroom apartment homes housed in 11 two-story residential buildings on a 15-acre-site […]

Michael S. Afentoullis, JD joins Greystone as a Managing Director for Multifamily and Commercial Real Estate Loan Originations in the Midwest

Greystone, a leading national commercial real estate finance company, announced that Michael Afentoullis has joined as a Managing Director in St. Louis, MO. In this role, Mr. Afentoullis will focus on providing capital solutions to multifamily, seniors, self-storage, office, industrial, and retail investors in the Midwest and nationwide.  Mr. Afentoullis will also work closely with […]