Gebroe-Hammer Associates reports $458.79 million in multifamily sales at midyear 2020
A strong Q1 for Gebroe-Hammer Associates and an agile approach to finalizing multifamily sales transactions during COVID-19’s Q2 have yielded an impressive total of 33 deals sold for $458,791,000 and 3,009 units at the...
Meridian Capital Group arranges $92 million in financing for a multifamily portfolio in Newark,...
Meridian Capital Group, America’s most active dealmaker, arranged $92 million in financing to refinance a multifamily portfolio consisting of four properties in Newark, Dover, and Wilmington, DE. The three 10-year Freddie Mac loans, provided by...
Former office park in San Mateo, California, sells for $106 million
A prime parcel of 11 acres strategically positioned between San Francisco and Silicon Valley has been purchased by Pulte Homes for redevelopment into a residential neighborhood of 190 homes, according to Cameron Fowler of...
Fogelman Partnership completes acquisition of 334-unit multifamily community in Atlanta
Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Fields Waterford Point, a 334-unit multifamily community located in Lithia...
Institutional Property Advisors brokers multifamily sale in Utah
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liberty Crossing, a 95-unit multifamily asset in Salt Lake City, Utah. “The underlying dynamics of the Salt Lake City investment market...
Bethesda apartment community receives $34.25 million refinancing
JLL Capital Markets announced that it has arranged a $34.25 million refinancing for Element 28, a 101-unit, best-in-class boutique apartment building with 3,500 square feet of ground-floor retail space in Bethesda, Maryland. JLL worked on...
Interra Realty brokers $17 million deconversion sale in Evanston, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $17 million deconversion sale of 2730-66 Hampton Parkway, a 91-unit multifamily building near Northwestern University in Evanston, Ill. The property...
Parkview Financial provides $19 million construction loan for a four-building, 90-unit multifamily project in...
Parkview Financial announced it has provided a nearly $19 million construction loan to Schiller Park, IL-based MB Bloomingdale Trails, LLC for the development of Bloomingdale Trails a 90-unit multifamily rental project located at 290...
The RADCO Companies announces sale of Ashford 2788 Apartment Complex in Atlanta for $49.5...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford 2788, a 297-unit apartment community in Atlanta, GA to Quintus for approximately $49.5 million. RADCO acquired the...
The RADCO Companies sells Mabry Manor apartment community in Tampa, Florida to TLR Group...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announces the sale of Mabry Manor, a 372-unit B class multifamily apartment community in Tampa, FL, to TLR Group for the...
CBRE sells Pynchon Terrace and Edgewater Apartments for $76 million
CBRE announced the sale of Pynchon Terrace and Edgewater Apartments located at 101 Lowell Street in Springfield, Massachusetts, for $76,000,000. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John McLaughlin and the...
Affordability extended for lower-income senior citizens at Newton Housing Community as a result of...
MassHousing has provided $8.1 million in affordable housing financing to the non-profit Newton Community Development Foundation (NCDF), to preserve an d extend the affordability for lower-income senior citizens for at least 20 years at the 43-unit Casselman House in Newton. “We were pleased to work...
Fully entitled development site in Durham sells for $10.9 million
JLL Capital Markets announced it has closed the $10.9 million sale of Davis Park East, a 21.07-acre, shovel-ready, multihousing development site adjacent to the Research Triangle Park node in Durham, North Carolina. JLL marketed the...
McShane completes Parc at Pooler Luxury apartments near Savannah, Georgia
McShane Construction Company completed the construction of a new luxury apartment community, known as Parc at Pooler, on behalf of Equity Resources, LLC. Located on 21 acres at 2200 Old Quacco Road in Pooler,...
The Babb Group arranges the sale of 6-unit apartment building in Hyde Park
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 2608 West Swann Avenue, a 6-unit apartment property located in Tampa,...