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...
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...
Interra Realty brokers sales of 2 multifamily buildings totaling $6.48 million in Chicago’s South...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the sales of two apartment buildings in Chicago’s South Shore neighborhood, priced at $4.23 million and $2.25 million. The...
CPC closes $100 million Freddie Mac SBL portfolio in New York City
The Community Preservation Corporation (CPC), a Freddie Mac Seller/Servicer and leading nonprofit housing and community revitalization finance company, announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL)...
69-Unit assisted living and memory care facility sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Northshore Heights LLC, formerly Northshore Senior Living, a 69-unit assisted living and memory care facility in Knoxville, Tennessee. IPA...
8-unit multifamily building trades for $4.1 million in Brentwood, California
Transwestern Commercial Services (TCS) today announces it has brokered the sale of 11747 Mayfield Ave., an eight-unit multifamily building in Brentwood, a prime Los Angeles neighborhood. Senior Vice Presidents John Swartz and Josh Kaplan...
Thayer Manca Residential acquires third multifamily property in New Mexico
Thayer Manca Residential (TMR) has purchased Mirabella Heights, their newest multifamily property in the Albuquerque, New Mexico market. The acquisition of the 280-unit property, combined with renovation costs, creates over a $100 million investment...
Tower 16 Capital Partners acquires Lilly Garden Apartments, its first multifamily project in Phoenix,...
San Diego-based Tower 16 Capital Partners, in partnership with HG Capital, has acquired Lilly Garden Apartments, a 180-unit multifamily project in Phoenix. The property was acquired on an off-market basis from a private seller...
Central Coast California multifamily asset sells for $25.25 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Del Sol Apartments, a three-parcel, 121-unit apartment community in Seaside,...
West Central Phoenix multifamily asset sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $20.7 million sale of Desert Willow, a 280-unit multifamily property in Phoenix, Arizona.
Pete...
Stepp Commercial completes $6.3 million sale of Washington Place, a 15-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of Washington Place, a 15-unit apartment property located at 401 Washington Avenue in Santa Monica, California.
Principal...
Workforce housing asset sold in Pasadena, Texas
JLL Capital Markets announced that it has closed the sale of a 300+-unit, garden-style multihousing property in Pasadena, Texas.
JLL worked on behalf of the seller, 29th Street Capital, to complete the sale to the...
MidHudson provides $24.5 million in preferred equity for trophy 322-unit Couture tower in Milwaukee
MidHudson LLC has invested $24.5 million in preferred equity for the development of The Couture, a $191 million, 44-story, 322-unit apartment tower that connects the Milwaukee lakefront with downtown through public plazas and pedestrian...
BOLOUR completes $9.62 million value-add multifamily acquisition in Humble, Texas
California-based Bolour Associates Inc. (BOLOUR), a privately-owned real estate investment, development and finance company, has acquired the Northeast Pines apartment community in Humble, Texas for $9.62 million. The company will invest more than $1...
New multihousing community in Milwaukee sells for $53 million
JLL Capital Markets announced that it has closed the $53 million sale of Vim + Vigor, a new, 274-unit, mid-rise multihousing community in the Brewery District of Milwaukee, Wisconsin.
JLL marketed the property on behalf...
