The forecast anticipates a 13% increase from last year amid ongoing optimism in the multifamily and most other CRE sectors.

The financing for the 296-unit luxury community in Garwood pays down a $65 million construction loan.

The new loan from Wells Fargo comes barely two months after the 433-unit property traded for $153 million.

ACRES Capital provided the buyer with $34.7 million in acquisition financing.

Last week, Janover Ventures' Camilo Padron closed a $910,000 Fannie Mae Small Loan for Sixth Avenue West, an apartment property in Hendersonville, North Carolina.

On Nov. 8th, Janover Ventures' Brandon Ramineh closed an $830,000 Fannie Mae Small Loan for Serene Shores, a 20-unit apartment property in Corpus Christi, Texas.

Last week, Janover Ventures' Brandon Ramineh closed a $1,706,000 Fannie Mae Small Loan for Carriage House Apartments, a 30-unit apartment property in Ponchatoula, Louisiana.