Grea Capital Services Group Announces Four Loan Closings in Philadelphia and Washington DC
The Capital Services Group of GREA (Global Real Estate Advisors) has announced the closing of four separate refinance loans totaling approximately $21 million for multifamily properties in Philadelphia and Washington DC.
The transactions included:
A...
Joint Venture Announces Grand Opening of Robert C. Wood Permanently Affordable Apartments in Far...
Bowery Residents' Committee (BRC), Camber Property Group, and the NYC Department of Social Services (DSS) celebrated the opening of Robert C. Wood Apartments, a $100 million, eight-story building located in Far Rockaway, Queens.
The project...
JLL Arranges $40.2M in Construction Financing for Ceiba Groupe’s Royal Palms Main Street Project
JLL Capital Markets announced that it has arranged $40.2 million in construction financing for Royal Palms Main Street, a 227-unit conventional multifamily and build-to-rent (BTR) community in Jacksonville, Florida.
JLL represented the borrower, an affiliate...
Madison Communities Closes on First BTR Acquisition With The Collective at Archer in Gainesville
Madison Communities, the multifamily subsidiary of Madison Capital Group Holdings, has acquired The Collective at Archer, a fully stabilized, institutional-grade build-to-rent (BTR) community in Gainesville, Florida, marking the firm's official entry into the high-demand...
Grover Corlew Breaks Ground on Mayla Cypress in Fort Lauderdale
Grover Corlew, the real estate investment management group focused on acquiring, transforming and managing office, multifamily and retail properties across the southeastern U.S., has broken ground on Mayla Cypress, a highly anticipated 312-unit luxury...
Berkadia Arranges $56.6M Loan to Refinance The Easton Riverview Apartments south of Tampa
Berkadia, a distinguished leader in the commercial real estate sector, announces that it arranged a $56.62 million loan from Mesa West Capital to recapitalize The Easton Riverview, a 300-unit garden-style Class A multifamily community...
Housing Trust Group Completes $34M Affordable Housing Community Riverview6 in Central Florida
Housing Trust Group (HTG), a leading multifamily developer, announced the completion of Riverview6, an 80-unit affordable housing community located in the community of Bradenton, just south of Tampa.
HTG is now leasing two brand-new affordable...
Marcus & Millichap Brokers Sale of 68-Unit Somerset Lakes Condos in Broward County for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $9.5 million sale of Somerset Lakes Condos, a 68-unit condominium community in Lauderdale...
Marcus & Millichap Closes Four-Property Multifamily Sunrise Portfolio Sale in Broward County
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of the Sunrise Portfolio, four multifamily properties totaling 184 units in Sunrise,...
DCHFA Finances 108 New Affordable Harvard Court Apartments in Columbia Heights
The District of Columbia Housing Finance Agency (DCHFA) issued $48.26 million in tax exempt bonds, underwrote $34.9 million in federal and $6.8 million in DC Low Income Housing Tax Credit equity for the construction...
Fairstead Announces $20M Renovation of 710 Affordable Homes in Existing Bronx Portfolio
Fairstead, a national, vertically integrated real estate company, announced a $20 million investment to renovate 710 affordable housing residences across 19 buildings in the Bronx, New York.
The effort utilizes the New York City Department...
Berkadia Arranges $32.41M Refinancing for Lakeside Central Apartments near Tampa
Berkadia, a distinguished leader in the commercial real estate sector, announces that it secured a $32.41 million loan on behalf of Robbins Property Associates and Hartford Investment Management Company (HIMCO) to refinance Lakeside Central...
Woodmont Properties and Canoe Brook Development Launch Leasing for WoodBrook at Randolph
Woodmont Properties (Woodmont) and Canoe Brook Development (CBD), leaders in the design, development, and management of multifamily and commercial properties throughout the U.S., have launched leasing for WoodBrook at Randolph, a 199-unit luxury rental...
BRP Companies with Elected Officials and Project Partners Celebrate Grand Opening of Ruby Square...
BRP Companies, alongside public officials and project partners celebrated the grand opening of Ruby Square, a 614-unit, 12-story, 715,000-square foot mixed-use development located at 166-20 90th Avenue in Jamaica, Queens.
“With the opening of Ruby...
JLL Secures $255M in Financing for Luxury High-Rise Apartments Journal Squared III in Jersey...
JLL's Capital Markets group announced that it has secured a $255 million refinancing for Journal Squared III, a newly constructed, 58-story luxury multifamily high-rise in the Journal Square neighborhood of Jersey City, New Jersey.
JLL...