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With MIELE II Sarl, a Luxemburg fund, Madison International Realty has purchased a 5% equity stake in Signa Prime, a $14 billion (€12.5 billion) European real estate portfolio.
Other new tenants at the property as of 2019 include Brian Communications, Instructure, PromptWorks , Health Federation of Philadelphia, Armor, DLC Solutions, Wick Capital Partners and others.
According to Berkadia's recently released Q2 2019 South Florida Multifamily Report, construction was completed on 8,522 units in the second quarter in South Florida, down from 12,562 additions posted in the second quarter of 2018.
Cushman & Wakefield Senior Housing Capital Markets, which acted as exclusive advisor to Homestead Senior Living, LLC, arranged the refinancing transaction with MidCap Financial, of Bethesda, MD, which provided the $57.3-million floating rate first mortgage loan.
In this <b>EXCLUSIVE</b>, Mitch Paskover shares insights on how Oregon multifamily financing is being affected by rent control, advantages and long-term effects, and whether other cities are poised to take the leap.