PNC Closes LIHTC Fund at $208M

PNC Bank also issues agency loans. Earlier this year, it provided a $48.2 million Fannie Mae loan for the refinancing of San Tropez Apartments & Townhomes, a 334-unit property in South Jordan, Utah. Image courtesy of Yardi Matrix PNC Multifamily Capital has closed...

Gotham Lands $460M for Manhattan Community

Gotham Organization has obtained a $460 million debt package to refinance Gotham West, a 1,238-unit community in New York City’s Manhattan borough. The transaction was structured as a direct bond purchase, with Wells Fargo acting as lender, according to Commercial...