May 19, 2024
Robert Khodadadian | Commercial Observer, Robert Khodadadian
New York City Skyline - Robert Khodadadian

It was a lighter week on the financing front, but there were still some notable deals that closed including a $52 million construction loan from North River Partners and Amzak Capital Partners on Miami-based One Real Estate Investment’s 316-unit apartment project in Columbia, S.C. Huntington National Bank and Nuveen Green Capital also teamed up to provide a combined $40.5 million construction loan for Stark Enterprises’ build-to-rent residential project in northern Florida. Here are the rest of the deals.

Loan Amount

Lender

Borrower

Address

Asset

Broker

$52 million

North River Partners and Amzak Capital Partners

One Real Estate Investment

4415 Percival Road; Columbia, S.C.

Multifamily

Berkadia‘s Brad Williamson, Scott Wadler, Mitch Sinberg and Matt Robbins

$41 million

Huntington National Bank and Nuveen Green Capital

Stark Enterprises

16152 SE 77th Court; Summerfield, Fla.

Build-to-Rent

N/A

$29 millon

Bayview Asset Management

ASG Equities

502 86th Street; Brooklyn, N.Y.

Mixed-Use

Ripco‘s Steven Sperandio, Michael Fasano and Jake Weiss

$27 million

Citigroup

The Mann Group and True North Management

Nine-building portfolio

Multifamily

JLL’s Scott Aiese and Alex Staikos

$27 million

Berkadia

Bozzuto Group

1200 North Queen Street; Rosslyn, Va

Multifamily

N/A

Finance Deals of the Week reflect deals closed or announced from April 22 to April 26. Information on financings can be sent to editorial@commercialobserver.com.

  

Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.

Robert Khodadadian, skyline properties, ground leases, off market, investment sales, Commercial Real Estate, Commercial Observer

Read MoreChannel, Finance, 502 86th Street, National, ASG Equities, Berkadia, Bozzuto Group, Huntington National Bank, Nuveen Green Capital, One Real Investment, Ripco, Stark Enterprises, The Mann Group, True North Management Commercial Observer

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