Multifamily

NEW YORK CITY-Structured Real Estate Finance Group at M&T Bank arranges the three-year short-term financing for $250 million for 50 W. 34th St.

ATHENS, GA-With a $20.2-million loan, Campus Acquisitions purchases the River Mill Apartments with plans to invest $3.3 million in capital improvements.

ST. LOUIS-The project is set to feature 166 condos in a 22-story tower, with floor-to-ceiling windows and balconies in a brand new building.

DOWNEY, CA-RedHill Realty Investors of San Diego adds to its growing multifamily portfolio with the $19.6-million purchase.

BALTIMORE-CB Richard Ellis is putting out feelers for a buyer or a JV partner to redevelop one of the last stretches of waterfront here.

ATLANTA-Place Properties and Blue Vista Capital Management add an additional four student housing properties under its jointly managed fund.

Executives who have built both say developers face multiple challenges when taking on these types of projects.

BROOKLYN, NY-Fifth Avenue Committee breaks ground on its affordable green residential development, located directly across the street from Atlantic Yards.