CreativeOne Wealth LLC Cuts Stock Position in AvalonBay Communities, Inc. (NYSE:AVB)

NewPoint provides Freddie Mac loan in AvalonBay deal

NewPoint Real Estate Capital, a commercial real estate finance company, said Monday that it provided a $112.4 million Freddie Mac loan to facilitate the acquisition of Avalon Wesmont Station, a 406-unit multifamily community located in Wood-Ridge whose sale was announced Friday.  Ryan Koehler, NewPoint vice president of originations, arranged the financing, which features a 10-year term and interest-only payments for six years. AvalonBay Communi…

CreativeOne Wealth LLC Cuts Stock Position in AvalonBay Communities, Inc. (NYSE:AVB)

CreativeOne Wealth LLC lessened its position in shares of AvalonBay Communities, Inc. (NYSE:AVB – Free Report) by 22.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,182 shares of the real estate investment trust’s stock after selling 338 shares […]