FCP announces $33.25 million acquisition of 404-unit, Water’s Edge Apartments in Jacksonville, Florida
FCP announces the $33.25 million acquisition of Water’s Edge Apartments at 800 Broward Road in Jacksonville, Florida through a joint venture with Springer Capital. The 404-unit apartment community was built in 1974 and consists of...
Berkadia arranges $47 million construction loan for apartment community in North Carolina’s Southwest Cumberland...
Berkadia has arranged senior construction financing for The One at Hope Mills, a 360-unit garden-style multifamily development in the rapidly expanding Fayetteville, North Carolina market.
Senior Managing Director Mitch Sinberg and Managing Directors Brad Williamson,...
Marcus & Millichap brokers the $9 million sale of a South Florida multifamily property
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Venetian Isles, an eight-unit multifamily property located in Lighthouse Point, Florida....
Marcus & Millichap closes the $5.5 million sale of a Fort Lauderdale multifamily property
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Bahia Beach, a 35-unit apartment property located in Fort Lauderdale, Florida....
Knighthead Funding provides $16 million loan for multifamily acquisition and conversion in Myrtle Beach,...
Knighthead Funding, LLC (Knighthead) has provided Eastman Companies with a $16 million first mortgage for the acquisition and conversion of a 437-bed student housing property into a 149-unit multifamily property in Myrtle Beach, South...
MG Developer secures $67.5 million construction loan for The Village at Coral Gables
MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July.
Exclusively...
Cushman & Wakefield completes sale, Greystone finances North Charleston’s Retreat at Palm Pointe multifamily...
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for, respectively, Retreat at Palm Pointe, a 112-unit apartment community located at 2561...
Mesa West Capital funds $71.5 million loan to refinance suburban Charleston, SC multifamily community
Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, South Carolina, a prominent...
FCP announces acquisition of 220-unit, Avana Cypress Creek Apartments in North Lauderdale, Florida
FCP announces the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, Florida. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom...
DCHFA finances the rehabilitation of 394 affordable apartments in Ward 8
The District of Columbia Housing Finance Agency (DCHFA) issued $63.2 million in tax exempt bonds for the substantial rehabilitation of Worthington Woods Apartments on June 23, 2023. The Agency underwrote $45.5 million in federal...
Alliance Residential Company opens apartment community in Northeast Raleigh
Leading national multifamily developer Alliance Residential is proud to announce the opening of its newest apartment community, Prose New Hope in Northeast Raleigh.
Prose New Hope is in the heart of a high-growth employment corridor...
ECI Group acquires 260-unit Longitude 81 Apartments in Estero, Florida
ECI Group (ECI) announces the acquisition of Longitude 81 Apartments, a 260-unit, upscale apartment community at 11221 Everblades Parkway in Estero, Florida. Built in 2016, Longitude 81 encompasses 11, two-story apartment buildings on 17.95...
MG Developer appoints Diego Torrealba as senior vice president
MG Developer, a residential developer with headquarters in Coral Gables and currently the most active developer in Hialeah, is pleased to announce that it has named Diego Torrealba as its new Senior Vice President...
JLL secures $38 million construction financing for GroveParc Townhomes in Tampa MSA
JLL Capital Markets announced that it arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit, Class A build-to-rent development located in Wesley Chapel, Florida (Tampa MSA).
JLL worked on behalf of the borrower,...
Best-in-class multihousing community in Washington, D.C. sells
JLL Capital Markets announced that it closed on the sale of The Shay, a 245-unit, best-in-class multihousing community located in the highly sought-after Shaw neighborhood of Washington, D.C.
JLL represented the seller in the transaction.
Built...
