BWE Secures $31M for Construction of Multifamily Community Imperium Suwanee in Georgia
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $31,000,000 loan to finance the construction of Imperium Suwanee, a 212-unit Class A multifamily development in Suwanee, Georgia, part...
Marcus & Millichap arranges sale of a 40-unit apartment property in Harvard, Ill.
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Harvard Park Apartments, a 40-unit apartment property located in Harvard,...
IPA Capital Markets arranges $22.36 million multifamily acquisition loan
IPA Capital Markets, a division of Marcus & Millichap Capital Corp., has arranged $22,365,000 for the purchase of an 85-unit multifamily asset in West Covina, California.
“We have worked with these borrowers previously on arranging...
Rosewood Property Now Leasing South Texas Multifamily Development The Tobin Estate
Rosewood Property Company is now leasing the second phase of The Tobin Estate Apartments.
Located at 3310 Oakwell Court in northeast Alamo Heights and spanning 11 acres, this property has added 311 apartment homes to...
The Mogharebi Group closes on two multifamily properties in California’s Central Valley
The Mogharebi Group (TMG) has successfully secured the sale of two Central Valley multifamily communities totaling 102 units in separate transactions valued at $15.6 million combined.
Located at 520 S. County Center Dr. in Visalia,...
Marcus & Millichap brokers 309-unit multifamily asset sale in Dallas
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hampton Greens, a 309-unit apartment complex in Dallas, Texas.
“Occupancy at Hampton...
Construction starts on Chicago area TOD after $14 million loan from Knighthead Funding
Knighthead Funding, LLC has provided Noah Properties Chicago with a $14.36 million construction loan for the Roselle Apartments (Roselle), a multifamily community in the Chicago submarket of Glendale Heights/Lombard.
When completed in the first quarter...
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...
Cushman & Wakefield arranges $71.4 million sale of Colony Woods
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Colony Woods, a 414-unit multifamily property located in the Cahaba Heights submarket of Birmingham. The final sale price was...
Institutional Property Advisors brokers Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Marlowe, a 53-unit apartment asset in Phoenix, Arizona. The property traded for $8.44 million, which equates to $159,245 per...
190-unit value-add multihousing portfolio trades in Silicon Valley
JLL Capital Markets announced that it closed on the sales of three value-add, garden-style multihousing assets in Silicon Valley, including the 72-unit Appletree in Campbell, California, the 68-unit Vista Pointe and 50-unit Cedartree in...
Connor Group Acquires 326-Unit Broadstone Olivine Apartments in Denver for $100M
Adding to its multifamily properties in the Denver area, the Connor Group purchased a Littleton community for $100 million. The Connor Group bought its first multifamily property, Broadstone Olivine, in the Denver area in...
Continental Realty Corporation acquires Sycamore at Tyvola in Charlotte with $96.3 million purchase
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 10 states, has purchased its eighth multifamily community in North Carolina with the recent $96.3 million acquisition of Sycamore at...
Franklin Street closes $8.2 million multifamily asset sale in Miami-Dade MSA
Franklin Street has negotiated the sale of Ingram Park Apartments, a 118-unit rental community located at 14255 – 14460 NW 22nd Avenue in Opa-Locka, Fla., approximately 20 minutes northwest of Miami. Hernando Perez, Joe Rubin...
Wayfinder and Read King Break Ground on a 348-Unit The Oak at Katy Park...
Wayfinder Real Estate and Read King Commercial Real Estate have broken ground on a 348-unit luxury multifamily community in the Katy, Texas area that is expected to open in early 2025.
Located at 24720 Morton...
