Permanent financing secured for San Diego Class A apartments
JLL Capital Markets announced that it has arranged $33 million in permanent financing for the Cielo Apartments, a 70-unit, Class A, mid-rise multihousing property located in the Little Italy neighborhood of San Diego, California.
JLL...
Levin Johnston directs acquisition of $69 million multifamily portfolio in Oakland and Berkeley, California
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, has successfully directed the $69 million acquisition of a 13-property...
$110 million multifamily asset in Phoenix sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Red Mountain Villas, a 768-unit apartment complex in Phoenix. The $110 million sales price equates to $143,229 per unit. The...
Cushman & Wakefield arranges sale of The Holston, one of Asheville’s newest apartment communities
Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of The Holston, a newly constructed 238-unit apartment community in the Weaverville submarket of Asheville, North Carolina.
Cushman & Wakefield’s Michael Saclarides,...
Pre-leasing begins at Clarkview Apartments in Chicago’s Lakeview Neighborhood
Chicago-based Spaces Real Estate today announced that pre-leasing is underway at Clarkview Apartments, an upscale rental community at 3226-28 N. Clark St. in Chicago’s Lakeview neighborhood, two blocks east of the Belmont CTA station....
Newmark announces sale of Regency at Stone Oak—a 320-unit townhome property in San Antonio
Newmark announces the sale of Regency at Stone Oak, a 320-unit townhome community in north central San Antonio, Texas. Newmark Vice Chairman Patton Jones, Senior Managing Director Matt Michelson and Managing Director Andrew Dickson...
Marcus & Millichap arranges the $9.35 million sale of apartments in Hollywood, Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Cleveland Paradise Apartments, a 34,871-square-foot apartment complex in Hollywood, Florida. The...
Three-property seniors housing portfolio sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of the Clarity Pointe Portfolio, a three-property, 174-unit, 175-bed seniors housing portfolio. The properties are in Knoxville, Tennessee, and Fayetteville and...
$21.8m Financing Secured for South Carolina Apartment Community
JLL Capital Markets announced today that it has arranged the $21.8 million bridge financing for Granby Oaks Apartments, a 148-unit, garden-style apartment community located in West Columbia, South Carolina.
JLL represented the sponsor, PAM Associates...
JLL arranges $8.37M acquisition loan for Boise apartments
JLL announced that it has arranged $8.37 million in acquisition financing for Chateau Park Apartments, a 71-unit, value-add, garden-style apartment community located near downtown Boise, Idaho.
JLL worked on behalf of the borrower, Allante Properties...
CONTI acquires Courtyards at Mustang apartments in Grapevine, Texas
CONTI Organization, one of North Texas’ largest private multifamily property owner-operators, has acquired Courtyards at Mustang, a 246-unit complex located at 2913 Mustang Drive in Grapevine, Texas. This acquisition, CONTI’s 41st since it was founded...
JLL closes sale of Cary, North Carolina, apartments
JLL announced that it has closed the sale of Tradition at Stonewater, a 351-unit, suburban, garden-style apartment community in Cary, North Carolina.
JLL marketed the property on behalf of the seller, an affiliate of Banner...
Historic Downtown Detroit mixed-use high-rise apartment and penthouse community to be fully redeveloped this...
Detroit-based City Club Apartments, a 100-year-old mixed-use multifamily pioneer, broke ground on the redevelopment of the formerly named Elmwood Park Plaza, an innovative and progressive 18-story apartment community built by Toby and David Hotlzman...
Greystone Bel completes $4 million sale of 105-unit multifamily property in Saginaw, MI
Greystone Bel recently closed the sale of The Poplars Apartments, a 105-unit multifamily property in Saginaw, Michigan for $4,000,000 or $38,095 per unit.
Austin Hull of the Greystone Bel Real Estate Advisors investment sales team...
JLL secures $27.5 million refinancing through Fannie Mae
JLL Capital Markets announced that it has arranged $27.5 million in financing for Harmony Heights Apartments and Stoney Creek Apartments, two garden-style multihousing communities totaling 533 units in Rapid City, South Dakota.
JLL worked on...
