$3.65 million sale of historic multihousing community in Duluth, Minnesota closes
JLL Capital Markets announced that it has closed the $3.65 million sale of Irving School Apartments, a historic, 44-unit, 1895-built multihousing community located in Duluth, Minnesota.
High Point Holdings L.L.C. acquired the asset.
Built in 1895,...
CBRE arranges sale of 14-unit multifamily townhome community in Downtown Anaheim, Calif., for $5.9...
CBRE announced the sale of a 14-unit multifamily community in Anaheim, Calif., to a private investor for $5.9 million, marking one of the highest prices per unit sale in the city of Anaheim.
CBRE’s...
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...
Interra Realty brokers $5.45 million sale of Lakeview apartment building in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.45 million sale of a 10-unit mixed-use apartment building in Chicago’s Lakeview neighborhood near Wrigley Field. The transaction equated to...
JLL secures $38 million construction financing for GroveParc Townhomes in Tampa MSA
JLL Capital Markets announced that it arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit, Class A build-to-rent development located in Wesley Chapel, Florida (Tampa MSA).
JLL worked on behalf of the borrower,...
$8 million sale of multihousing community in Duluth, Minnesota closes
JLL Capital Markets announced that it has closed the $8 million sale of Highland Chateau, a 60-unit, 1972-built multihousing community located in the high-demand city of Duluth, Minnesota.
The buyer, PLB Highland Chateau, LLC, was...
CBRE arranges sale of 30-unit multifamily community in Westminster, California
CBRE announced the sale of a 30-unit multifamily community in Westminster, Calif., to a private investor for $10 million.
CBRE’s Executive Vice President Dan Blackwell and Senior Associate Andrew Boukather represented the buyer and seller...
GFI Realty trades Brooklyn 23-unit multifamily building for $3.250 million
GFI Realty Services, LLC announced the $3.250-million sale of 1113 Avenue O, a multifamily building comprised of 23 units located in the Midwood section of Brooklyn. GFI Realty Senior Managing Director Matthew Sparks, represented the seller...
Marcus & Millichap arranges $6.4 million refinancing for multifamily property in Imperial Beach, California
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $6,400,000 loan for the refinancing of Rancho Coronado Condominiums, a multifamily property located at 740-798...
Institutional Property Advisors brokers Eastside Seattle multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Lakes Apartments, a 265-unit multifamily property in Bellevue, Washington. The sale was brokered by IPA’s Giovanni Napoli, Philip Assouad,...
Best-in-class multihousing community in Washington, D.C. sells
JLL Capital Markets announced that it closed on the sale of The Shay, a 245-unit, best-in-class multihousing community located in the highly sought-after Shaw neighborhood of Washington, D.C.
JLL represented the seller in the transaction.
Built...
Financing secured for University of Tennessee student housing community
JLL Capital Markets announced that it has arranged the acquisition financing for 303 Flats, a Class A, 138-unit / 431-bed, mid-rise student housing community located at the University of Tennessee in Knoxville.
JLL represented the...
The Mogharebi Group secures $25.2 million for sale of 97-unit apartment community in Modesto,...
The Mogharebi Group (TMG) has arranged the $25.2 million sale of Trails at 2112 Apartments, a turnkey 97-unit multifamily community in the Central Valley city of Modesto, CA. Executive Vice President Otto Ozen and...
Marcus & Millichap arranges the sale of a 27-unit North Miami Beach multifamily portfolio
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 27-unit apartment portfolio located in North Miami Beach, Florida. The assets sold for $4,850,000.
“The sale...
Class A multihousing development in Colorado Springs secures construction financing
JLL Capital Markets announced that it has secured construction financing for The Hunter, a 214-unit, Class A multihousing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets.
JLL...
