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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.
Rose Orchard has recently been modernized and the tenant mix aligns with the firm's strategy of acquiring single-tenant corporate properties in key growth markets across the United States.