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Stock impact report

Cushman & Wakefield and Greystone Close Sale and Financing for Acquisition of Landmark Apartments in Tuscaloosa, Alabama [Yahoo! Finance]

Cushman & Wakefield Ltd. Common Shares (CWK) 
Last cushman & wakefield ltd. common shares earnings: 2/27 04:09 pm Check Earnings Report
Company Research Source: Yahoo! Finance
with Cushman & Wakefield, announced they have arranged the sale and provided, $28,219,000 in Freddie Mac financing for the acquisition of Landmark Apartments , a 264-unit multifamily property in Tuscaloosa, Alabama. The financing was originated by Elliott Mulkin, Managing Director at Greystone, with Cushman & Wakefield serving as the exclusive investment sales advisor through Andrew Brown and Craig Hey. Landmark Apartments is a garden-style community built in 2007 and situated on more than 23 acres. The financing for the acquisition carries a 5-year term with a 30-year amortization schedule and features an interest-only period followed by amortization. The property features a mix of one-, two-, and three-bedroom units and offers a robust amenity package, including a resort-style pool, fitness center with yoga studio, resident clubhouse, business center, and outdoor gathering spaces. Tuscaloosa is anchored by the University of Alabama, a major regional employer with significant eco Show less Read more
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