lan Investments, a privately-held multifamily real estate investment manager headquartered in Houston, secured roughly $61.5 million in non-recourse bridgepermanent Fannie Mae loans to finance three of the companys multifamily properties in the Houston market.
Jefferson Apartment Group (JAG), an Eastern U.S. multifamily real estate developeroperator based in McLean, VA, boosted its holdings in a core market with the purchase of the 262-unit One Upland complex in suburban Boston for $93 million, or approximately $355,000 per unit.