Real Estate News

Collab steps up to address Berkeley’s student housing challenges with revolutionary platform and new properties

Democratizing real estate investment opportunities and property management, Collab helps create mutual benefits for longtime Berkeley residents and students seeking affordable housing

BERKELEY, July 17, 2023 (GLOBE NEWSWIRE) -- To bring efficiency, accessibility, sustainability and community engagement to the Berkeley community, Collab, a real estate investment and asset management company that offers opportunities for co-owning income-generating student housing properties, today expanded its unique digital platform with the addition of two new investment properties and launch of its citywide Community Pro program.

Greystone Commercial Capital and Affinius Close $172 Million Structured Financing for Mixed-Use Residential Community in Los Angeles’ Koreatown

Total Financing Structure Includes $135 Million Senior Loan and $37 Million Mezzanine Loan

NEW YORK, July 17, 2023 (GLOBE NEWSWIRE) -- Greystone and Affinius Capital LLC (“Affinius Capital”) announced the closing of a $135.0 million mortgage loan in connection with the refinance of Rise Koreatown, a newly constructed, seven-story, Class A, mixed-use residential complex featuring 363 multifamily residences and 47,417 square feet of retail space situated on a 2.26-acre site in the heart of Koreatown, the most densely populated submarket of Los Angeles.

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