Stepp Commercial Group completes $7.165 million sale of a newly renovated 18-unit apartment property...
Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $7.165 million sale of Park Villa Apartment Homes, an 18-unit multifamily property located at 1761 Park Avenue in...
Gebroe-Hammer Associates inks sale of generationally owned multifamily asset in Elizabeth, NJ
Gebroe-Hammer Associates has arranged the sale of a 126-unit, garden-apartment community with generational ownership of 40+ years in Union County, N.J.’s City of Elizabeth. Executive Vice President Stephen Tragash exclusively represented the seller and...
$34.625 million refinancing arranged for West St. Paul multihousing community
JLL Capital Markets announced that it has arranged the $34.62 million refinancing of Savor Apartments, a 200-unit, mid-rise, market-rate multihousing community located in West St. Paul, Minnesota.
JLL worked on behalf of the borrower, Roers...
Excelsa Properties acquires $105.5 million multifamily community in Laurel, Maryland
Excelsa Properties announced that it has acquired Concord Park at Russett, a 335-unit multifamily property located at 7903 Orion Circle in Laurel, Maryland. The $105.5 million acquisition represents the fourth multifamily property acquisition of...
Forman Capital provides construction financing for Townhome Rental Project in Austin Market
Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, funded a $19.496 million construction loan and preferred equity investment for a 64-unit townhome rental project in Taylor, Texas—part of...
MassHousing closes on $13.3 million in affordable housing financing for the acquisition and renovation...
MassHousing has closed on $13.3 million in affordable housing financing to Van der Heyden Apartments Limited Partnership for the acquisition, renovation and extension of affordability at the 45-unit Van der Heyden Apartments in Springfield....
West Shore acquires Atlas Bluewood Apartments in Dallas-Fort Worth market
West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets, announced its acquisition of The Livano at Bluewood, located north of Dallas in...
Kiser Group closes a $4 million portfolio in Chicago Lawn
Kiser Group's brokers, John George and Joe Bianchi, have successfully facilitated the sale of a $4M portfolio in the Chicago Lawn neighborhood. The portfolio consists of four adjacent buildings, offering immediate economies of scale...
ABI Multifamily brokers 20-unit Southwest Mesa multifamily apartment community for $4.8 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $4,800,000 / $240,000 Per Unit / $294.12 Per SF sale of First Avenue Townhouses, a...
PCCP, LLC provides $53 million loan to refinance newly built 266-unit Class A apartment...
PCCP, LLC has provided a $53 million bridge loan to P.B. Bell for the refinance of Hangar at Thunderbird, a newly built 266-unit, 19-building apartment community located at 15301 N 37th Avenue in Glendale,...
CBRE arranges sale of multifamily asset in Orange County, Calif., for $462 PSF
CBRE announced the sale of a four-unit multifamily property in Orange County, Calif., for $1,590,000, representing 99 percent of the list price and $462 per square foot.
CBRE’s Executive Vice President Dan Blackwell, Vice President...
Interra Realty brokers $1.84 million sale of multifamily building in Chicago’s West Suburbs
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.84 million sale of a 15-unit multifamily property in Forest Park, Ill., located about 10 miles west of Chicago. The...
Newmark facilitates sale of 336-unit value-add multifamily community in Austin’s Silicon Hills
Newmark announces it has completed the sale of Autumn Ranch on Swenson Farms, a 336-unit value-add multifamily asset located in Pflugerville, Texas, in Austin’s Silicon Hills. Newmark Vice Chairman Patton Jones and Managing Director Andrew...
Berkadia arranges loan for acquisition of apartments in Plantation, Florida
Berkadia announces it has arranged financing for Atlantic Pacific Companies and LEM Capital to acquire Verona View Apartments, a 293-unit apartment community in Plantation, Florida.
Senior Managing Director Mitch Sinberg, Managing Directors Brad Williamson, Scott...
MassHousing to provide $5.2 million in financing for new affordable rental housing for families...
MassHousing is providing $5.2 million in affordable housing financing to the non-profit Way Finders, for the development of the 62-unit Rosewood Way Townhomes for families with a range of incomes in Agawam.
Located in Agawam’s...
