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...
Class A multihousing development in Colorado Springs secures construction financing
JLL Capital Markets announced that it has secured construction financing for The Hunter, a 214-unit, Class A multihousing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets. JLL...
Avison Young completes $37.5 million refinancing of a 178-unit apartment community in Orlando, Florida
Avison Young Capital Markets lead Principals Jay Maddox and Peter Sherman and Miami-based Principal George Vail have arranged the $37.5 million refinancing of Azul Baldwin Park on behalf of the owner, Beverly Hills, Calif.-based...
Cushman & Wakefield arranges sale of Lively Victor Park located in emerging South Carolina...
Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of Lively Victor Park, a 318-unit multifamily community located in Greer, South Carolina. Cushman & Wakefield’s John Phoenix, Louis Smart, and...
JLL arranges $262 million financing for the development of luxury condominium tower in Miami
JLL’s Capital Markets group announced that it has secured the $262 million construction financing for E11EVEN Residences Beyond, a 65-story condominium development in Miami, Florida. The project will include over 550 luxury condominium units, 13,861...
JLL arranges $520 million capitalization for waterfront mixed-use development in Brooklyn
JLL’s Capital Markets group announced that it has secured the $520 million capitalization for the development of Sackett Place and Society Brooklyn, an under-construction, two-tower, 21-story luxury waterfront mixed-use community with 517 multihousing units...
Sale of student housing community near University of Houston closes
JLL Capital Markets announced that it closed the sale of Vue on MacGregor, a 117-unit / 347-bed student housing community near the University of Houston, the third largest university in Texas. JLL worked on behalf...
PCCP, LLC provides $57 million loan to refinance Metro University City in Charlotte, North...
PCCP, LLC has provided a $57 million loan for the cash neutral refinance of Metro University City, a 309-unit mid-rise multifamily community located at 404 Gallop Lane in the University City neighborhood of Charlotte,...
Cushman & Wakefield arranges $91 million sale of The Reserve at Sugarloaf in Atlanta’s...
Cushman & Wakefield announced that the commercial real estate services firm arranged the $91 million sale of The Reserve at Sugarloaf, a 333-unit multifamily community located in Duluth, Georgia at 2605 Meadow Church Rd. Cushman...
The Mogharebi Group closes on two multifamily properties in California’s Central Valley
The Mogharebi Group (TMG) has successfully secured the sale of two Central Valley multifamily communities totaling 102 units in separate transactions valued at $15.6 million combined. Located at 520 S. County Center Dr. in Visalia,...
PCCP, LLC provides $67.8 million loan for the development of Parkway Crossings, a 309-unit...
PCCP, LLC has provided a $67.8 million loan to Fore Property Company for the ground-up development of Parkway Crossings, a Class A, 309-unit multifamily community in Kissimmee, Florida. The six-acre site is situated near...
$97.25 million in financing secured for luxury New Jersey multihousing community
JLL Capital Markets announced that it has secured the $97.25 million financing for Vinty, a 267-unit, Class A, mixed-use development in Elizabeth, New Jersey. JLL worked on behalf of the borrower, LeCesse Development Corporation and...
Daytona Beach multihousing development secures $77 million in financing
JLL Capital Markets announced that it has closed the $77 million construction financing for Atlantica at Daytona, a 341-unit, luxury, garden-style multihousing development in Daytona Beach, Florida. JLL represented the borrower, a joint venture between...
Attractive financing secured for an ultra-luxury multihousing asset in Beverly Hills, California
JLL Capital Markets announced that it has arranged financing for two trophy assets in Beverly Hills, California. JLL secured the senior notes with Wintrust Financial for 9440 Santa Monica Blvd., an approximately 92,000-square-foot, trophy,...
Cushman & Wakefield arranges sale of two Tallahassee multifamily communities
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Parkway Square and Tally Square, two multifamily communities totaling 505 units located in Tallahassee, Florida. The final sale...