Investment secured for one of the largest multihousing assets on Long Island
JLL Capital Markets announced that it has arranged joint venture equity for Rosemont Brookhaven, a 795-unit, garden-style multihousing property in the Long Island village of Bellport, New York. JLL worked on behalf of Investcorp, to...
Newly constructed 745 Hamilton apartments refinanced for $12 million
JLL Capital Markets announced that it has arranged a $12 million refinancing for the newly constructed 745 Hamilton apartments in Somerset, New Jersey. JLL worked on behalf of Country Classics at Hamilton to secure the...
Marcus & Millichap brokers $36.5 million multifamily sale in coastal southeastern North Carolina
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Pinewood Apartments, a 384-unit multifamily asset in Wilmington, North Carolina. The...
Parkview Financial provides $16.6 million construction loan for development of 39-unit apartment community near...
Parkview Financial announced it has provided a $16.6 million construction loan to Los Angeles-based Janone Development, for the development of a six-story, 39-unit apartment project at 1100 – 1110 S. Hobart Boulevard in Los...
Cushman & Wakefield arranges sale on behalf of Shelton McNally Real Estate Partners
Cushman & Wakefield has arranged the sale of Novo Avondale, a 374-unit apartment community located in Decatur, Georgia. Mike Kemether, Tyler Averitt and Travis Presnell of Cushman & Wakefield represented the seller, Shelton McNally...
Stepp Commercial completes $14 million portfolio sale of 7 value-add apartment properties in Long...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $14 million portfolio sale of seven apartment assets totaling 60 units in Long Beach, California. Principal Robert Stepp and Senior...
Oak Coast Properties acquires $54.5 million Retreat at Water’s Edge apartments in Denver, Colorado
Oak Coast Properties announced the $54.5 million acquisition of Retreat at Water’s Edge, a 252-unit apartment community located in Denver. The most recent transaction in the firm’s heightened multifamily investment activity, the acquisition also demonstrates...
PEEK Properties secures construction loan for Class A Opportunity Zone multifamily project in Orange,...
PEEK Properties (PEEK) has secured $9,750,000 in construction financing for the first of three new-construction Qualified Opportunity Zone (QOZ) multifamily properties in the City of Orange, N.J. PEEK, a commercial real estate investment, development...
A 56-unit apartment building sold for $10 million by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Lois Landing, a 56-unit apartment property located in Tampa, Florida, according...
Cushman & Wakefield arranges $184.6 million in sales, acquisition on behalf of JEM Holdings
Cushman & Wakefield has arranged the $116.4 million sale of six properties totaling 1,378 units on behalf of JEM Holdings. Four of the properties are located in North Carolina, while two properties are located...
Institutional Property Advisors brokers sale of 1980s-era multifamily asset in Texas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Heritage Park, a 204-unit apartment asset in Arlington, Texas. “Previous ownership recently completed unit and community upgrades, leaving minimal deferred maintenance...
Admiral Capital Group and ESG Kullen complete successful sale of Trellis at The Lakes...
Admiral Capital Group and ESG Kullen announced the successful sale of Trellis at the Lakes, a 688-unit multifamily property located in St. Petersburg, Florida, in the Tampa MSA. Admiral and ESG acquired the apartment community...
Cushman & Wakefield arranges $68.2 million sale of the Eddy at Riverview Landing to...
Cushman & Wakefield has arranged the $68.2 million sale of The Eddy at Riverview Landing, a 310-unit apartment community located in Smyrna, Georgia, part of Metro Atlanta. Robert Stickel, Alex Brown and Ashlyn Warren...
Waterton enters Greater Boston multifamily market with acquisition of 503-unit Rosemont Square in Randolph,...
Waterton, a national real estate investor and operator, announced it has acquired Rosemont Square at 2 Chestnut West in Randolph, MA. The 503-unit complex is situated within a 481-acre master-planned community and offers a...
Institutional Property Advisors closes $55 million Phoenix-area multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eagle Crest, a 408-unit multifamily asset located near the Arrowhead Ranch master-planned community in Glendale, Arizona. The property sold for...