The firm has tapped Meridian Capital Group to secure financing for the project called Fordham Landing.
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The firm has tapped Meridian Capital Group to secure financing for the project called Fordham Landing.
Taconic Investment Partners and Nuveen Real Estate have secured a $181 million LoanCore Capital loan to fund the redevelopment of 125 West End Ave.
BeEngaged Network and BeEngaged Lab are two components of this new launch.
The deal for the 120-unit property in this Jacksonville suburb calculated out to approximately $90,400 per unit.
The firm is focused on the multifamily market to grow its lending platform due to the sector’s steady growth for the past several quarters, which is slated to continue well into 2020.
The Freddie Mac property financing includes a 10-year term with five years for interest-only for five years for the $120.78 million senior loan.
The move to acquire Hunt Real Estate Capital is a part of a broader initiative to build out the ORIX Corporation USA's multifamily lending platform.
Real estate operators and insurers are trying to keep pace with the evolving cannabis industry and corresponding jargon crucial to operating their businesses.
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