KeyBank Originates $31M for Affordable Seattle Properties

Steele Properties has acquired Wayman Manor in Temple, Texas. Yardi Matrix data shows Treetop Development sold the 160-unit affordable community after four years of ownership. KeyBank Community.

KeyBank Originates $31M for Affordable Seattle Properties Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing.

Los Angeles – KeyBank Real Estate Capital has originated a $247.8 million Freddie Mac, first mortgage loan for The Lorenzo, a student housing community located in Los Angeles. The property was developed in 2015 and is 95 percent leased to students from the University of Southern California (USC), the Fashion Institute of Design and Merchandising and Loyola Law School.

Out-of-state investors continue to show strong interest in Virginia multifamily properties. Recently, a New York-based investor purchased not one, but nine apartment communities in Richmond’s North.

Advice to Management-Continue to align our vision from the top to the bottom, including aligning it more closely with comp plan. -Have a more measured and thoughtful roll out of new initiatives and processes, can sometimes come out too ambitious out of the gate.

Welcome to KeyBank Northgate Mall in Seattle, WA! Visit your local KeyBank branch or ATM to find a financial solution that fits your needs. Welcome to KeyBank Northgate Mall in Seattle, WA! Visit your local KeyBank branch or ATM to find a financial solution that fits your needs.

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