iBorrow provides $11.6 million in financing for acquisition of 92-unit multifamily property in Atlanta...
iBorrow, a nationwide private direct lender for commercial real estate, has provided an $11.6 million loan to enable the acquisition of Wellington Townhomes, a 92-unit multifamily community in the College Park neighborhood of Clayton County, Georgia, according to Brian Good, CEO of iBorrow.
“iBorrow identified...
Berkadia arranges $45 million refinancing for 883-unit apartment community in Memphis, Tennessee
Berkadia announces it has arranged the $45 million recapitalization of Residences at Lakeview, an 827-unit apartment community in Memphis, Tenn. Senior Managing Director Mitch Sinberg, Managing Directors Brad Williamson, Matthew Robbins and Scott Wadler...
Franklin Street arranges $34 million sale of value-add multifamily property on Florida’s East Coast
Franklin Street has arranged the sale of Paradise Cay Apartments, a 197-unit, 216,466-rentable-square-foot multifamily property in Melbourne, Florida, for $34 million, or $172, 588 per unit.
Franklin Street’s Tampa Multifamily Investment Sales Team of Darron...
Cushman & Wakefield arranges sale of Seleno at Bridge Street
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Seleno at Bridge Street, a 244-unit multifamily property located in Huntsville, Alabama.
Cushman & Wakefield’s Craig Hey and Andrew Brown...
Joint Venture of PCCP, LLC and Grand Peaks acquires newly developed two-property multifamily portfolio...
A joint venture of PCCP, LLC and Grand Peaks has acquired a two-property multifamily portfolio totaling 696 units—both of which completed construction earlier this year and are currently in the lease-up phase. The garden-style...
Odyssey Properties Group continues bullish Florida expansion with acquisition of two multifamily communities totaling...
Odyssey Properties Group, a multifamily investment sponsor and private equity real estate firm based in Los Angeles, has acquired two multifamily communities in Florida comprising a total of 304 units for $53 million.
The properties...
Marcus & Millichap negotiates the sale of a 65-unit multifamily complex for $11.65 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of City View Apartments, a 65-unit complex in Fort Lauderdale, Florida. The...
Cushman & Wakefield arranges sale of Mobile 625 Portfolio
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of three Mobile multifamily communities that comprise the Mobile 625 Portfolio – Ashford Place, Huntleigh Woods, and Southern Oaks.
Craig Hey...
ECI Group announces $625 million portfolio refi
ECI Group has closed a $625 million refinance of a 13-asset portfolio of multifamily assets through Goldman Sachs Bank USA, fueling ECI’s reinvestment in existing assets and supporting an active development pipeline as well...
Cushman & Wakefield arranges sale of The Anatole Apartment Homes
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Anatole Apartment Homes, a 208-unit multifamily community located in Daytona Beach at 1690 Dunn Ave.
Mike Donaldson and Nick...
Sale of multihousing community in Northern Virginia closes
JLL Capital Markets announced that it has closed the sale of Bell Fair Oaks, a 246-unit, value-add multihousing community in Fairfax, Virginia.
JLL marketed the property on behalf of the seller and procured the buyer...
Berkadia secures $16.39 million in equity for encore enterprises to develop Orlando apartments
Berkadia announces it has sourced a capital partner for Dallas-based Encore Multifamily, a division of Encore Enterprises, to develop its second apartment community in Orlando. The “Encore Narcoossee” community will be a three-story, 249-unit...
Cushman & Wakefield arranges $91 million sale of The Monroe
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Monroe, a 217-unit multifamily property in the Brookwood neighborhood of Atlanta. The final sale price was $91 million,...
Cushman & Wakefield arranges $42 million sale of Highland Lakes
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $42 million sale of Highland Lakes, a 224-unit multifamily property located in the Prattville submarket northwest of Montgomery, Alabama.
Craig Hey and...
Marcus & Millichap completes Montgomery multifamily asset sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Broadstreet at Eastchase, a 276-unit multifamily asset in Montgomery, Alabama. The...
