Vero Closes $86M Refi on Houston Apartments,

Siguler Guff & Company announced the origination of a $27.5 million mezzanine loan as part of a broader $86 million refinancing package for Us Bayou Park, a 404-unit luxury multifamily community in Houston’s Montrose neighborhood. Benefit Street Partners...

MG Lands 270-Unit Las Vegas Rental Property,

MG Properties has acquired The Pearl at St. Rose, a multifamily community in Las Vegas’ Silverado Rancho master-planned community, from The CONAM Group for $64 million. The Pearl at St. Rose is a 270-unit apartment community along the St. Rose Corridor in South Las...

PENLER Adds Atlanta Property to Growing Portfolio,

PENLER partnered with a real estate fund advised by Crow Holdings Capital to acquire three properties throughout the Sunbelt, the most recent being Eleven85, a 288-unit garden-style property in Atlanta. The Atlanta Business Chronicle reports the company paid $67...

Davie Developer Inks Loan for $1B Mixed-Use Project,

El-Ad National Properties secured an $85 million construction loan from Valley National Bank to start construction on The District in Davie, a $1 billion, 2.8 million-square-foot mixed-use residential and commercial project. It’s believed to be the largest...

Compass, Anywhere to Merge in All-Stock Deal,

Compass, Inc. and Anywhere Real Estate Inc. said Monday they had agreed to merge in an all-stock transaction. The combined company is expected to have an enterprise value of approximately $10 billion, including the assumption of debt. The merger has been unanimously...