Deal boom

JLL Capital Markets announced that it has arranged the $34.8 million construction financing for Cornus House, a 199-unit, mid-rise multihousing development located in downtown Tacoma, Washington. JLL represented the developer, Arboreal Investments, to secure the senior...

Edison Village, Prism Capital Partners’ industrial-to-residential reimagining of the historic Thomas Edison Invention Campus, is ushering in a new brand of contemporary, amenity-filled living in Essex County, N.J. Encompassing 21 acres along Main Street...

Holliday Fenoglio Fowler, L.P. (HFF) announces the financing of LakeHaus, a 200-unit, Class A apartment development located on Lake Calhoun in Minneapolis, Minnesota. The HFF team worked exclusively on behalf of a joint venture led...

Optum is investing $8.8 million in Bonneville Apartments, an affordable-housing community currently under construction in downtown Idaho Falls. Upon completion, the historic Bonneville Hotel will be transformed into 35 new affordable apartments and 5,000...

JLL announced that it has arranged $34 million in debt financing for the development of 7EMPIRE, a 97-unit, Class A, art-focused multihousing community in the Silicon Valley core. JLL worked on behalf of the developer,...

Seattle multifamily investment team, led by Dylan Simon and Jerrid Anderson of Kidder Mathews, closed the sale of the East Highland Apartments on Friday, December 20, 2019. The property, located in the vibrant north...

JLL announced today that it has closed the $38 million sale and arranged $27.4 million in financing for Echelon at Middletown, a 210-home, garden-style apartment community located in Louisville, Kentucky’s affluent East End submarket. JLL...

Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids. A private real estate investment firm purchased the community for...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pearl on Wilshire, a seven-story, 346-unit multifamily property with 7,813 square feet of retail on Wilshire Boulevard in Los Angeles’ Koreatown neighborhood. The complex sold for $170,875,000, which represents $493,858 per apartment unit. “Over the...

JLL Capital Markets announced that it has closed the $248 million sale of Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business Park in Pleasanton, California. JLL marketed the property on behalf of...

Dekel Capital, has arranged $59 million in construction financing on behalf of The Latigo Group, which has started work on the first significant multifamily project to be developed in Thousand Oaks, CA since 2007. When...

CBRE announced that it has arranged the sale of Bell Stoughton, a Class A multifamily community located at 400 Technology Center Drive in Stoughton, MA. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Falls and Oak Village, a two-property, 408-unit apartment asset in...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grove Deer Valley, a 208-unit apartment asset in Phoenix, Arizona. The property sold for $46.75 million, which equates to...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Axio 8400, a 332-unit multifamily asset located 13 miles from Downtown Salt Lake City in Sandy, Utah. “The Greater Salt Lake...