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...
Marcus & Millichap arranges sale and financing for multifamily property in Brea, California
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and financing of Birch Terrace Apartments, a multifamily property located at...
Ariel Property Advisors arranges sale of Sea Park affordable housing portfolio in Coney Island
Ariel Property Advisors (Ariel) announced the sale of the Sea Park affordable housing portfolio, consisting of three multifamily properties and one development site, all located in the Coney Island section of Brooklyn, NY. The...
Eagle Property Capital (EPC) announces disposition of multifamily asset in Dallas-Fort Worth Market
Eagle Property Capital Investments, LLC (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, announced the disposition of Colinas Ranch Apartments, a 160-unit apartment community, located in Irving northwest of...
Marcus & Millichap Capital Corporation arranges $15 million financing for multifamily property in San...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $15.043 million loan for the refinancing of Santa Fe Townhomes, a multifamily property located at...
Institutional Property Advisors closes $61.6 million sale and arranges financing for suburban Seattle multifamily...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Artesia, a 192-unit apartment property in the Silver Lake neighborhood of Everett, Washington. The asset traded for $61.6...
Interra Realty brokers $16.9 million sale of new apartment community on Chicago’s North Shore
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $16.9 million sale of Station440, a 48-unit multifamily property in Highwood, Ill. Interra Managing Partner Craig Martin represented Benchmark Developers in...
Avanti Residential buys Summit Square Apartments in Greater Kansas City
Nationwide multifamily investor and operator Avanti Residential announces the acquisition of the 308-unit Summit Square apartments in the Kansas City metropolitan area for $80 million. Avanti now owns eight apartment communities in the greater...
Institutional Property Advisors closes sale of Downtown Phoenix high-rise and arranges financing
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of 700 North 4th Street, a 27-story, 234-unit luxury multifamily asset in Phoenix, Arizona. “Embedded within downtown and midtown Phoenix’s...
Capitalization secured for luxury Cleveland multihousing development
JLL Capital Markets announced that it has arranged $38.5 million in construction financing, in addition to Co-GP equity, for Residences at Bolivar, a 184-unit, Class A, luxury multihousing development with 2,611 square feet of...
Levin Johnston closes four multifamily transactions in March as San Jose market shows resilience
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces that it closed four multifamily transactions totaling $7.215...