Institutional Property Advisors brokers $46.75 million multifamily sale in Phoenix
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...
Luxury multifamily property sale completed by Institutional Property Advisors in Greater Salt Lake City
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...
Cushman & Wakefield arranges multifamily sale on behalf of Hudson Capital Properties
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of High River, a 176-unit apartment community located in Tuscaloosa, Alabama.
Jimmy Adams and Craig Hey of Cushman & Wakefield...
Stepp Commercial completes $6.4 million sale of a 29-unit apartment property in Sylmar, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.4 million sale of Astoria Oaks, a 29-unit apartment property located at 13983 Astoria Street in Sylmar, California.
Stepp Commercial’s...
Indianapolis multihousing community refinanced for $26.872 million
JLL Capital Markets announced that it has arranged a $26.872 million refinancing for The Lakes Apartments, a 232-unit multihousing community in Indianapolis, Indiana.
JLL worked on behalf of the borrower, NTS Development Company, Louisville, KY,...
$24.3 million financing secured for six affordable housing assets in Seattle
JLL Capital Markets announced that it has secured $24.3 million in acquisition financing for a six-asset affordable housing portfolio, consisting of 354 small efficiency dwelling units (SEDUs) located in infill Seattle, Washington.
JLL worked on...
Cryptocurrency set to disrupt the trillion dollar real estate industry, RE/MAX Action First says
Ready or not, the real estate industry is fast embracing the use of cryptocurrency. Discussed and hotly debated in financial circles, “the most mysterious thing about Bitcoin and other cryptocurrencies,” says innovative real estate...
PCCP, LLC provides a $59.3 million senior loan for the acquisition of a 300-unit...
PCCP, LLC has provided a $59.3 million senior loan to LDK Ventures for the acquisition of Integra Peaks at Damonte Ranch, a partially complete, 300-unit, Class A garden-style apartment community in Reno, Nevada. Located...
Renovated Phoenix multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Bloom 24, a 114-unit multifamily complex in Phoenix. Highline Property Group (Highline), based in Denver, Colorado, purchased the property...
$20.9 million student housing portfolio trades hands in North Carolina
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Deacon Properties, a 64-home, 251-bed student housing portfolio in Winston-Salem,...
$34.7 million financing arranged for Tacoma multihousing development
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...
West Orange’s Edison Village ushers in contemporary, amenity-filled living in Essex County, NJ
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...
HFF announces structured financing for 200-unit Minneapolis luxury multihousing development
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...
JLL arranges $34M financing for 7EMPIRE in San Jose, California
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,...
East Highland apartments in Seattle’s Capitol Hill Neighborhood trades for $5.6 million
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...
