Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.
Reynolds Asset Management has refinanced a new 28-unit luxury apartment building in Bound Brook, securing a Fannie Mae loan for more than $6.7 million through Walker & Dunlop.
A locally based investor has secured $76 million in financing for two multifamily acquisitions outside Baltimore, in a transaction arranged by Progress Capital.
The developer of a new 96-unit apartment building in Union City has landed more than $23 million in permanent financing, in a transaction arranged by Progress Capital.
A joint venture is acquiring a 1,009-unit affordable housing portfolio, spanning seven towns in New Jersey, with the help of a $144 million Fannie Mae loan arranged by an out-of-state firm.