Wednesday, April 24, 2024

Atlantic region

Atlantic region includes: Delaware, Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia and Washington D.C.

Carlyle of Sandy Springs

Cushman & Wakefield arranges $105.6 million sale of The Carlyle of Sandy Springs

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Carlyle of Sandy Springs, a 389-unit multifamily community located in northern Atlanta. The sales price was $105.6...
Summer House

$64 million in financing secured for Connecticut multihousing community

JLL Capital Markets announced that it has arranged $64 million in acquisition financing for Summer House, a 227-unit, high-rise apartment community located in downtown Stamford, Connecticut. JLL worked on behalf of the borrower, Beachwold Residential,...

MassHousing closes on $34.8 million for the refinancing, renovation and preservation of affordability at...

MassHousing has closed on $34.8 million in affordable housing financing to Beacon Communities LLC to refinance, renovate and preserve housing affordability at the 192-unit Woodlands at Abington Station in Abington.  “Thanks to this refinancing transaction,...
Jeff Gregor

Capital Square promotes Jeffrey A. Gregor to Chief Legal Officer

Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, announced that it has promoted Jeffrey A. Gregor to chief legal officer. “I have worked with Jeff Gregor for over 20 years, first...
Villas at Normandy Isle

Marcus & Millichap announces sale of multifamily asset in Miami Beach for $6.8 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Villas at Normandy Isle, located at 1971-1985 Bay Drive in...
Palm Lake Club

Capital Square 1031 acquires 55+ manufactured housing community near Vero Beach, Florida

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced the acquisition of a 55+ manufactured housing community in Sebastian, Florida. The community...
Castilian Apartments

Franklin Street arranges $51.2 million sale of 304-unit multifamily in Orlando

Franklin Street has arranged the sale of the Castilian Apartments, a 304-unit multifamily community located 5 miles from downtown Orlando, for $51.2 million. The 1975-built property traded above its initial pricing guidance, reinforcing an unyielding...
Grenelefe

Marcus & Millichap brokers sale of Central Florida condominium property for $31.5 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 417 parcels of the 781-unit condominium property within the Grenelefe Golf and Tennis...
Victoria at Lauderhill

Victoria at Lauderhill sells for $12.78 million to Treevita

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Victoria at Lauderhill, an 88-unit apartment property located in Lauderhill, Florida....
The Cottages at Warner Robins

Berkadia Arranges Equity Partner for Capstone Communities’ Central Georgia Build-for-Rent Community

Berkadia announces it has sourced $13.2 million in equity for Capstone Communities to develop The Cottages at Warner Robins, a low-density multifamily development located in the central Georgia town of Warner Robins. The cottage-style...
Altura Bayshore

$72.5 million construction loan secured for luxury high-rise condo development in Tampa

JLL Capital Markets announced it has arranged a $72.5 million construction loan for the development of Altura Bayshore, a 73-unit, luxury, high-rise condominium project directly off of the renowned Bayshore Boulevard in Tampa, Florida. JLL...
Ashton at Richmond Hill

Multihousing community financed in suburban Savannah with $24 million loan

JLL Capital Markets announced that it has arranged a $24 million financing for Ashton at Richmond Hill, a 232-unit, garden-style, affordable apartment community in the Savannah, Georgia suburb of Richmond Hill. JLL worked on behalf...
Prose New Hope

Joint Venture between PCCP, LLC and Alliance Residential Company is formed for the ground-up...

PCCP, LLC and Alliance Residential Company have formed a joint venture for the ground-up development of Prose New Hope, a 344-unit garden-style apartment community located at 4100 Buffaloe Road in Raleigh, NC. Construction has...
Haven at Patterson Place

Stonebridge acquires 242-unit Durham, NC apartment community for $56 million

StoneBridge Investments of Washington, DC, has acquired Haven at Patterson Place, a 242-unit rental apartment community in Durham, NC, for $56.2 million. Howard Jenkins and Kevin Kempf of CBRE Southeast Multifamily represented the seller,...
Hammocks by Butler

$37 million in refinancing secured for a multihousing portfolio in Florida

JLL Capital Markets announced that it has arranged refinancing in the aggregate amount of $37 million for a four-property, 460-unit multihousing portfolio located in Gainesville, Florida. JLL worked on behalf of the borrower, American Commercial...
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