MassHousing completes workforce housing financing for new, 68-unit housing community in Newton
MassHousing has closed on $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit 28 Austin Street in Newton, which offers 23 workforce housing apartments for lower- and moderate-income households. The recently completed...
Greystone Bel completes $4 million sale of 105-unit multifamily property in Saginaw, MI
Greystone Bel recently closed the sale of The Poplars Apartments, a 105-unit multifamily property in Saginaw, Michigan for $4,000,000 or $38,095 per unit. Austin Hull of the Greystone Bel Real Estate Advisors investment sales team...
Two Central California multifamily assets sell for $38.5 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two multifamily properties in Fresno, California. The communities are Boulder...
Greystone Bel sells 48-unit multifamily property in Sturgis, MI
Greystone Bel recently closed the sale of Colonial Crest Apartments, a 48-unit multifamily property in Sturgis, Michigan for $1,785,000 or $37,188 per unit. Austin Hull of the Greystone Bel Real Estate Advisors investment sales team...
JLL arranges $58.5 million financing for Bay Area multihousing portfolio
JLL Capital Markets announced that it has arranged $58.5 million in financing to fund the recapitalization of a nine-property multihousing portfolio located in Oakland, California. JLL worked exclusively on behalf of Mosser Capital (Mosser) and...
Marcus & Millichap arranges the sale of an 11-unit apartment building
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Hayden Villas, an 11-unit apartment property located in Tallahassee, Florida,...
Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth
Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort Worth. Built in 1985, this well-maintained, 27-building community sits on...
Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth
Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort Worth. Built in 1985, this well-maintained, 27-building community sits on...
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s Murray Hill neighborhood. The 9,124-square-foot residential building includes 11 apartments....
Interra Realty brokers $2.7 million multifamily sale in Chicago’s Kenwood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 4119 S. Ellis Ave., a 23-unit apartment building in Chicago’s Kenwood neighborhood, for approximately $2.7 million, or $117,391...
$34.5 million construction loan arranged by Marcus & Millichap Capital Corporation
Marcus & Millichap, financing subsidiary Marcus & Millichap Capital Corporation (MMCC), has arranged a $34.5 million construction loan for a 48-unit condominium development project in Pasadena, California. “After completing the first phase of the project, with financing...
Jonathan Rose Companies acquires Tower West Apartments on Manhattan’s Upper West Side
Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Tower West Apartments, a 217-unit HUD-regulated, partial Section 8, and New York City...
Franklin Street brokers $4.5 million sale of Fairway Gardens in Margate, Florida
Franklin Street has brokered the sale of Fairway Gardens, a 28-unit multifamily property located on a golf course in the city of Margate, Florida. Franklin Street’s Fort Lauderdale multifamily investment sales team, Travis Jones, Dan...
Franklin Street brokers $18.1 million sale of Aventura Apartments in Orlando Florida
Franklin Street has brokered the sale of Aventura Apartments, a 144-unit apartment community located in the city of Orlando, Florida. Franklin Street’s Tampa multifamily investment sales team, Darron Kattan, Zach Ames, Kevin Kelleher and Avery...
Meta Housing breaks ground on 65-unit affordable multifamily development in Westminster, California
Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, a Southern California-based non-profit public benefit corporation, has announced the development of Westminster Crossing, a three-story, 65-unit, affordable...