$125 million sale of newly built multihousing community in Redmond closes
JLL Capital Markets announced that it has closed the $125 million sale of Radiate Apartments, a 360-unit, luxury-grade multihousing community located in Redmond, Washington. JLL represented the seller, Fairfield Residential, and procured the buyer, Jackson...
The Milestone Group announces acquisition of 228-unit Archer Stone Canyon Apartments in San Antonio,...
The Milestone Group (Milestone) has announced its acquisition of Archer Stone Canyon Apartments, a 228-unit value add multifamily community in San Antonio, Texas. The purchase price was not disclosed. “Archer Stone Canyon is well-located, proximate...
Red Oak Capital Holdings provides $2.3 million for SE Dallas multifamily community
Red Oak Capital Holdings, a national commercial real estate finance company, has provided a $2.3-million bridge loan to the owner of the Templecliff Apartments in Southeast Dallas. The borrower will use the funds to...
Cushman & Wakefield arranges sale of The Gates at South Bend
Cushman & Wakefield has arranged the sale of The Gates at South Bend, a 147-unit multifamily community located in Tuscaloosa, Alabama. Ben Thomas and Parker Caldwell of Cushman & Wakefield represented the seller, WGO, LLC,...
MIG Real Estate acquires Newport Palms, a 138-residence apartment community in Orange County for...
MIG Real Estate LLC (MIG), a real estate investment company with assets across the Western U.S. and Sun Belt states, announced the acquisition of Newport Palms, a 138-unit apartment complex in Costa Mesa, California. MIG...
Klein Enterprises closes $85 million loan for Largo Development
Klein Enterprises, a vertically integrated investor, developer, and operator of diversified real estate holdings, announced that the company closed an $85 million loan for the development of Aura, a transit-oriented luxury apartment complex in...
JLL arranges $233 million in construction financing for 569-unit Brooklyn rental development
JLL Capital Markets announced that it has secured $233 million in construction financing for the ground-up development of 54 Crown, a 569-unit multihousing development located at 54 Crown St., in Crown Heights, Brooklyn. JLL worked...
Cushman & Wakefield arranges $62 million construction financing for 268-unit multifamily development
Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to SR Real Estate Partners and Circle Squared Alternative Investments in the procurement of $62,000,000 in construction financing for...
Cushman & Wakefield arranges sale of The Fitzroy Grove
Cushman & Wakefield has arranged the sale of The Fitzroy Grove, a 250-unit multifamily community located in Rogers, Arkansas. Martin Bynum and Craig Hey of Cushman & Wakefield represented the seller, Huffman & Company,...
$16.7 million construction take-out financing secured for L.A. multihousing community
JLL Capital Markets announced that it has arranged the $16.7 million construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multihousing community located in the Koreatown submarket of Los Angeles, California. JLL represented...
Marcus & Millichap announces the sale of Sabal Court Apartments in Tallahassee
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Sabal Court Apartments, located in Tallahassee. Completed in 1967, this Property is...
Berkadia arranges the sale and financing of apartment community in Charlottesville, Virginia
Berkadia has arranged the sale and financing of Abbington Crossing, a 468-unit apartment community located in Charlottesville, Virginia. Senior Managing Director Drew White, Senior Director Carter Wood and Director Cole Carns of Berkadia DC...
Griffith Pepdjonovic Group of Marcus & Millichap brokers the $2.3 million sale of suburban...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 15-unit multifamily property located in Stoneham, Massachusetts. The 7,084-square-foot asset...
Cushman & Wakefield arranges sale of Uptown Terrace
Cushman & Wakefield has arranged the sale of Uptown Terrace, a 260-unit multifamily community located in Rogers, Arkansas. Martin Bynum and Craig Hey of Cushman & Wakefield represented the seller, SC Bodner Company, Inc....
$47 million financing arranged for newly built St. Louis apartment building
JLL Capital Markets announced that it has arranged a $47 million loan to refinance Marlowe, a newly built, 205-unit, Class A multihousing community located in the Central West End neighborhood of St. Louis, Missouri. JLL...