ECI Group Provides $17.66M Mezzanine Loan for 384-Unit Multifamily Development Lynwind Apartments near Orlando
ECI Group (ECI), with joint venture partners Smith Hill Capital (Smith Hill) and InterVest, has closed on a $17.66 million mezzanine loan through its private lending platform to finance Lynwind Apartments in Davenport, Florida.
The...
Marcus & Millichap Brokers $3.6M Sale of Five-Building Multifamily Property Walker Apartments in Miami
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $3.6 million sale of Walker Apartments, a five-building, 18-unit multifamily portfolio in Miami, Florida.
"Due...
PulteGroup with Boynton Beach CRA Break Ground on Workforce Housing Community The Cottage District
PulteGroup, one of the nation's largest home builders, in partnership with the Boynton Beach Community Redevelopment Agency (CRA), officially broke ground on July 17 on The Cottage District, a standalone workforce housing initiative located...
Berkadia Arranges Sale of Bridgewater Grand Apartments in Lakeland Florida
Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Bridgewater Grand, a 300-unit multifamily community located in Lakeland, Florida, approximately 45 minutes between Tampa and Orlando.
Managing Director David Etchison,...
Marcus & Millichap Arranges Sale of Victory Apartments in Miami Beach
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Victory Apartments, a six-unit multifamily property in North Miami Beach, Florida,...
Marcus & Millichap Arranges $6.7M Sale of Chelsea Redevelopment Site
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 20,815-square-foot Chelsea redevelopment site at 223 W 29th Street in...
Atlas Real Estate Partners Acquires Perse Apartments in Orlando
Atlas Real Estate Partners ("Atlas"), a leading multifamily investment firm, has acquired Perse Apartments, a 384-unit value-add multifamily community located in the I-Drive submarket of Orlando, Florida.
Built in 2008, Perse Apartments consists of spacious...
Marcus & Millichap Brokers $9M Sale of Multifamily Property on Abbott Avenue in Miami...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 7700-7720 Abbott Avenue, a thirty-six-unit multifamily property in Miami Beach, Florida,...
Marcus & Millichap Names Ethan Krauss Vice President Investments in Fort Lauderdale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced that Ethan Krauss has joined the firm's Fort Lauderdale office as Vice President Investments.
Krauss joins...
Hines in partnership with Sumitomo Forestry to Develop DC Multifamily Project in Dumfries Virginia
Hines, in partnership with Sumitomo Forestry Co., Ltd. and Chuo-Nittochi Co., Ltd., has formed a joint venture and closed on the land to develop a multifamily development in Dumfries, Virginia, a suburb of Washington,...
Gilbane and Palm Beach Atlantic University Reach Financial Close on $240M Mixed-Use Student Housing...
Gilbane, in partnership with Palm Beach Atlantic University (PBA), has reached financial close of a groundbreaking $240 million public-private partnership (P3) project that will help address the area’s need for more student housing.
This transformative...
JBG SMITH Has Started Leasing at Valen a New Mixed-Use Tower in National Landing
JBG SMITH has started leasing at Valen, a new mixed-use tower at 2050 South Bell Street in National Landing. The project will feature 355 rental apartments and approximately 15,000 square feet of street-level retail.
“Valen...
MG Developer Secures $41M Construction Loan for Ultra-Luxury Townhome Community The George in Coral...
MG Developer, has secured a $41 million construction loan from Pine Bay Capital to bring The George, its final and most prestigious project in Biltmore Square, to life.
"This financing milestone reaffirms our belief in...
JLL Secures $26M Construction Take-Out Bridge Loan for Florida BTR Community Magnolia at Powell
JLL Capital Markets announced that it has arranged a $26 million construction take-out bridge loan for Magnolia at Powell, a newly constructed, 132-unit build-to-rent community in Wildwood, Florida (The Villages MSA).
JLL worked on behalf...
Davis Begins Construction of Luxury Multifamily Development at 1975 Madison Avenue in Harlem
The Davis Companies (Davis) recently celebrated breaking ground on the construction of a new luxury multifamily rental building at 1975 Madison Avenue in Central Harlem, New York.
Upon completion, the eight-story, mixed-use building will deliver...