JLL arranges $20.5 million loan for Jersey City apartments
JLL Capital Markets announced today that it has arranged $20.5 million in financing for the acquisition of The Ashton, a newly completed, 93-unit, Class A apartment project in Jersey City, New Jersey. JLL worked to...
Parkview Financial provides $38 million loan for the development of a 168-unit multifamily property...
Parkview Financial announced it has provided a $38 million construction loan to Hunington Properties for the development of a 126,500-square-foot, mixed-use multifamily project. The six-story apartment building, located on 1.38-acres at 1107 Shepherd Drive...
PCCP, LLC and Kairoi Residential acquire 326-unit apartment property in San Antonio, Texas
PCCP, LLC announced that it has formed a joint venture with Kairoi Residential for the acquisition and renovation of Boulevard at Sonterra, a 326-unit garden-style multifamily property located at 210 E Sonterra Blvd. in...
DLP Real Estate Capital announces acquisition of Willow Trace Apartment Community in Shreveport, LA
DLP Real Estate Capital has announced its latest acquisition of Willow Trace, a multifamily property in Shreveport, LA. The property consists of 192 units, includes one- and two-bedrooms, and offers seven floorplan options. The...
JLL selected to market Waterside development opportunity
JLL Capital Markets, on behalf of Indianapolis-based Ambrose Property Group, is offering for sale Waterside, a 91-acre, shovel-ready, urban development opportunity located within a Qualified Opportunity Zone along the White River waterfront in downtown...
Record-breaking Northern California multifamily sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Parc Marin, a 32-unit boutique rental community in Corte Madera,...
Universe Holdings assembling $65 million Southern California multifamily portfolio
Universe Holdings has acquired a 17-unit apartment building in Los Angeles’ Los Feliz neighborhood, the first asset in a $65 million, 249-unit Southern California multifamily portfolio, expected to close within the next 30 days. Built...
Newport Real Estate Partners, LLC acquires Haven at Louetta, a multifamily property within Houston...
Houston-based Newport Real Estate Partners, LLC, a real estate firm that is focused on the acquisition and repositioning of value-add multifamily properties, has acquired Haven at Louetta, a multifamily asset located in Spring, TX,...
Trion Properties augments East Bay holdings with acquisition of 61-unit multifamily community in San...
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, has expanded its East Bay portfolio with the acquisition of Cedar Grove, a 61-unit multifamily community located in...
JLL closes sale of Indiana student housing community
JLL Capital Markets announced that it has closed the sale of Village West, a recently renovated, 1,134-bed student housing community serving students of Purdue University in West Lafayette, Indiana. JLL marketed the portfolio exclusively on...
Greystone Bel sells 84-unit Durand, MI apartment building
Greystone Bel recently closed the sale of Country Village Apartments, an 84-unit garden-style multifamily property in Durand, Michigan. Austin Hull of the Greystone Bel Real Estate Advisors investment sales team represented both the buyer and...
West Line Village Apartments development receives $42.5 million loan
JLL Capital Markets announced that it has arranged the $42.5 million construction loan for the development of West Line Village Apartments, a 281-unit, Class A multihousing community in the Denver suburb of Lakewood, Colorado. JLL...
Luxury San Francisco peninsula apartment sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has announced the sale of Aperture, an 83-unit luxury multifamily community with approximately 6,600 square feet of retail space. Aperture is in San Bruno,...
JLL arranges $30 million construction loan for Seattle multihousing project
JLL Capital Markets announced that it has arranged $30 million for the development of Roystone, a 93-unit, boutique multihousing project with ground-floor retail in Seattle’s desirable Lower Queen Anne neighborhood. JLL worked on behalf of...
Institutional Property Advisors brokers $49.5 million multifamily asset sale in North Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Deer Creek Village, a 308-unit multifamily complex in North Phoenix. The $49.5 million sales price represents $160,714 per unit. “Thoughtfully...