Mosaic Investment Partners secures full capitalization for University of Southern California student housing development
JLL Capital Markets announced that it arranged the capitalization of USC Expo, a 57-unit / 260-bed USC student housing development located less than a half-block from the campus of the University of Southern California...
GFI Realty Services arranges the $1.850 million sale of Bushwick multifamily asset
GFI Realty Services announced the $1.850 million sale of 47 Stanhope Street, a multifamily building located in the Bushwick section of Brooklyn. GFI Associate Moshe Goldberger represented the seller, a local investor, and Zachary Fuchs, Associate Director of...
Merchants Capital secures debt and LIHTC equity financing for affordable, senior property in Pittsburgh
The New York office of leading financial services provider Merchants Capital announces it has secured $11 million in debt and Low-Income Housing Tax Credit (LIHTC) equity financing for the construction of Cedarwood Homes in Pittsburgh,...
Institutional Property Advisors brokers Eastern Washington multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Regal Ridge, a 97-unit apartment asset in Spokane, Washington. The property sold for $21.5 million, or $221,650 per unit.
“Spokane’s growing...
Gebroe-Hammer Associates arranges $9.72 million off-market multifamily portfolio sale in Central New Jersey
Gebroe-Hammer Associates has arranged the $9.72 million off-market sale of a three-property Middlesex County, NJ multifamily portfolio. The firm brokered the 53-unit transaction on behalf of the unnamed seller and procured the buyer, Golden...
CBRE arranges sales of three four-unit multifamily properties in Orange County, Calif., to three...
CBRE arranged the sales of three four-unit multifamily properties in Orange County, Calif., for a total of $5.48 million to three separate private buyers in 10 days.
In the first transaction, CBRE’s Executive Vice President...
Knighthead Funding provides $16 million loan for multifamily acquisition and conversion in Myrtle Beach,...
Knighthead Funding, LLC (Knighthead) has provided Eastman Companies with a $16 million first mortgage for the acquisition and conversion of a 437-bed student housing property into a 149-unit multifamily property in Myrtle Beach, South...
Tower Capital arranges $88.5 million in construction financing for another Empire Group BTR community...
Tower Capital, one of the nation’s leading structured finance firms in the commercial real estate lending space, arranged $88.5 million in construction financing for a Build-to-Rent (BTR) community in the Phoenix market. The financing...
MG Developer secures $67.5 million construction loan for The Village at Coral Gables
MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July.
Exclusively...
Kidder Mathews arranges record-breaking sale of multifamily property in Sherman Oaks
An eight-unit apartment property at 4737 Kester Avenue in Sherman Oaks, California has sold for $3,600,000. This marks a record-high price-per-unit for a rent-controlled apartment building in the 91403 zip code. Kidder Mathews’ Michael...
Cushman & Wakefield completes sale, Greystone finances North Charleston’s Retreat at Palm Pointe multifamily...
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for, respectively, Retreat at Palm Pointe, a 112-unit apartment community located at 2561...
Newmark arranges sale of student housing asset serving Washington University in St. Louis, Missouri
Newmark announces it has completed the sale Everly on the Loop, a 209-unit, 428-bed student housing asset serving Washington University in St. Louis, Missouri. Newmark Vice Chairman and Head of Newmark’s Student Housing group Ryan Lang, Managing...
Berkadia arranges sale and financing of Aurora, Colorado Apartment Community to Trion Properties
Berkadia has arranged the sale and financing of Trailpoint on Highline, a 198-unit apartment community located in Aurora, Colorado. Managing Director Nick Steele and Director Nate Moyer of Berkadia Denver represented the seller, Castle...
Interra Realty brokers $7.54 million multifamily portfolio sale on Chicago’s South Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a two-building, 79-unit multifamily portfolio in Chicago. The properties, located in the South Shore neighborhood, sold for $7.54...
Mesa West Capital funds $71.5 million loan to refinance suburban Charleston, SC multifamily community
Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, South Carolina, a prominent...
