trending Market Intelligence /marketintelligence/en/news-insights/trending/48sffqdylwi3yxo55dgkbg2 content esgSubNav
In This List

Colony NorthStar sells Fla. multifamily community

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Colony NorthStar sells Fla. multifamily community

Diversified real estate investment trust Colony NorthStar Inc. sold the 300-unit Art Avenue Apartment Homes property in Orlando, Fla., to real estate company Robbins Property Associates, Citybizlist South Florida reported.

The buyer funded the acquisition of the multifamily community at 10201 Lee Vista Blvd. with a $40.5 million 10-year term loan originated by Freddie Mac. The floating-rate loan comes with a competitive loan-to-value ratio and five years of interest only, according to the publication.

The loan was arranged by commercial real estate services firm Berkadia.