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...
$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,...
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...
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...
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...
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...
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 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....
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...
$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...
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...
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...
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,...
$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...