Monument Capital Management names Erin D. Knight as executive vice president
Monument Capital Management (MCM), an A-Rod CORP company and one of the country’s premier fully integrated real estate investment firms, has named Erin D. Knight Executive Vice President. Knight will be based in Monument’s...
Transwestern sells 52-unit multifamily portfolio in Northwest Washington, DC for $8.7 million
Transwestern Commercial Services (TCS) today announces its Mid-Atlantic Multifamily Group brokered the disposition of a 52-unit, three-building apartment portfolio. TCS Executive Vice Presidents Dean Sigmon and Robin Williams and Vice President Justin Shay represented...
Walker & Dunlop Arranges $110M Construction Loan for Class-A Multifamily Development in Prospect Heights...
Walker & Dunlop has arranged a $110 million loan for 880 Atlantic Avenue, a 246-unit Class-A multifamily development in Prospect Heights, Brooklyn. QuadReal Property Group served as the lender. The loan will fund ongoing...
$82.57 million construction financing secured for multihousing property in Columbia, Maryland
JLL Capital Markets announced it secured a $82.57 million construction loan for development of the Marlow apartments, a 472-unit community with 32,340 square feet of ground-floor retail located in downtown Columbia, Maryland.
JLL worked on...
Dominium Announces the Acquisition of Land for New Affordable Housing Community Cobia Cove in...
Dominium, a leading national affordable housing owner, developer, and manager, announced the acquisition of land in Holiday, Florida with plans to construct a new affordable housing community. Located at 2638 Aquaview Lane, Cobia Cove...
Marcus & Millichap arranges the sale of a 27-unit North Miami Beach multifamily portfolio
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 27-unit apartment portfolio located in North Miami Beach, Florida. The assets sold for $4,850,000.
“The sale...
JLL Secures $63M Refinancing for D.C. Metro Luxury Student Housing
JLL Capital Markets announced that it has arranged the $63 million refinancing for Vie Towers, a fully occupied, luxury, student-housing community located within the Washington, D.C. metro in Hyattsville, Maryland.
Built in 2006 and renovated...
Kushner Secures $415M in Construction Financing for Monmonth Square Mall Redevelopment in New Jersey
Kushner, a renowned real estate developer and operator, announced that it has secured $415 million in construction financing through Fortress Investment Group and Rithm Capital Corp (NYSE: RITM) to fund the highly anticipated redevelopment...
Miami area multihousing community trades
JLL Capital Markets announced that it has closed the sale of Lago Paradiso at the Hammocks, a 424-unit, garden-style multihousing community in the suburban neighborhood of Kendall in Miami-Dade, Florida.
JLL marketed the property on...
ECI Group announces sale of two Atlanta-area apartment communities for total of $124.75 million
ECI Group has announced the sale of two apartment communities, The Columns at Sweetwater Creek with 270 units in Lithia Springs, GA and The Columns at Peachtree Corners with 304 units in Norcross, GA...
FCP acquires Westwood Glen Apartments in Atlanta for $24.5 million
FCP announces the acquisition of Westwood Glen, a 247-unit apartment community in Atlanta, GA for $24.5 million. The acquisition marks FCP’s 21st investment in Atlanta and the 9th in the city’s Westside.
“Located in the same...
Magma Equities eclipses $500 million in multifamily investment volume in 2022 with largest single...
Magma Equities (Magma) has acquired the recently completed Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, North Carolina, in an $83 million off-market transaction. This represents Magma’s fourth apartment investment of the year...
Dominium to Resyndicate Crossings at Cape Coral with $6.1M Renovation
Dominium, a leading affordable housing owner, developer and manager announced the resyndication of Crossings at Cape Coral, a 168-unit family property in Cape Coral, Florida.
Dominium will renew the property’s affordable housing status while beginning...
JLL Secures $18.5M in Financing for Coastal Carolina University Student Housing Community
JLL announced that it has arranged the $18.5 million acquisition financing for Bellamy Coastal, a 150-unit / 480-bed, Class A student housing property, serving Coastal Carolina University in Conway, South Carolina.
JLL worked on behalf...
JLL Secures Joint Venture LP Equity and $52.7M Construction Financing for Build-to-Rent Project Havens...
JLL Capital Markets announced that it has arranged LP equity and a $52.7 million non-recourse construction loan for Havens at Palm Bay, a 266-unit, built-to-rent community in Palm Bay, Florida (Space Coast MSA).
JLL worked on...
