DB&R Marketing Communications

Sonnenblick-Eichner Company announced today that it has arranged $46 million of interim first mortgage financing for the Maison Dupuy, a five-story, 200-room, full-service, boutique hotel located in the world-famous French Quarter of downtown New...

Mesa West Capital provided an $87.95 million five-year, floating rate debt package for the acquisition and lease-up of a recently delivered 1MM-square-foot industrial building in the Sycamore Canyon submarket of Riverside, CA.

TruAmerica Multifamily, which owns and operates nearly 2,000 multifamily units in Phoenix AZ, has acquired Covington Park, a 520-unit garden-style apartment community for $77.26 million.

Kearny Real Estate Co. has signed Optima Tax Relief to a long-term lease renewal and expansion for 77,500 square feet at Elevate@Harbor, an eight-acre office campus in the South Coast Metro submarket of Santa Ana, CA.

An affiliate of Mosaic Real Estate Investors has provided BPM Real Estate Group with $460 million in senior construction financing for a one-million-square-foot, mixed-use development in downtown Portland, OR.

TruAmerica Multifamily, in joint venture with RSE Capital Partners, has acquired a two-property, 454-unit multifamily portfolio in the Tampa submarket of Pinellas County for $63.75 million.

Privately held real estate investment firm JRK Property Holdings has increased its multifamily portfolio in the Seattle MSA to more than 1,400 units with the off-market acquisition of Santa Fe Ridge Apartments in Silverdale, WA.

Brasa Capital Management (Brasa Capital) has held a final close of its first investment fund, Brasa Real Estate Fund, LP, exceeding its $100 million fundraising goal with $120 million in capital commitments.

Transaction activity for TruAmerica Nears $900 Million in 2019

Dekel Capital has arranged a $41 million value added financing from Ares Real Estate Group for Central Park West, a 199-unit multifamily property in the Minneapolis submarket of St. Louis Park, MN.