JLL arranges $19.88 million financing for New Jersey apartment development
JLL announces it has arranged $19.88 million in financing for the development of 34 Bank, a 126-unit, transit-oriented apartment property located in Netcong, Morris County, New Jersey.
JLL worked on behalf of the borrower, a...
RAAM Construction completes construction of a $29 million affordable senior housing development in La...
RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has completed the construction of an affordable senior housing development in La Puente, California for $29 million.
The 71,499...
Luxury multihousing community near Cincinnati sells
JLL Capital Markets announced that it has closed the sale of Vue 180 on the Water a 93-unit, Class A multihousing community in the greater Cincinnati area of Newport, Kentucky.
JLL marketed the property on...
Wood Partners announces grand opening of Valentina by Alta in San Diego, California
Wood Partners, a national leader in multifamily real estate development, announced today the grand opening of its newest luxury residential community—Valentina by Alta—in San Diego, California.
Located at 1919 Pacific Highway, the new community is...
Downtown Biddeford’s iconic Pepperell Mill changes hands with new ownership
Presidium, a fully-integrated real estate firm, whose Maine partners have a long and respected history of development in Maine, has acquired the Pepperell Mill Campus, with plans to rejuvenate and enhance the property. Located...
Interra Realty brokers sale of mixed-use building in Chicago for $6.1 million
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $6.1 million sale of a 16-unit mixed-use building in Chicago’s Logan Square neighborhood. The transaction equated to $381,562 per unit—one...
Boston Properties acquires rights to Platform 16 development site at Diridon Station in San...
Boston Properties, Inc., one of the largest publicly-traded developers, owners and managers of Class A office properties in the United States, announced today that it has entered into agreements with an affiliate of San Francisco-based...
WPC acquires three College Park, Maryland apartment communities for $14 million
Washington Property Company (WPC) has acquired an 81-unit portfolio comprising three low-rise apartment communities near the University of Maryland-College Park (UMCP) for $14 million.
The seller, JE Smith Corporation, was represented by CBRE’s Bill Roohan,...
FCP provides $67.1 million in preferred equity for multifamily through structured investments platform in...
FCP announces $67.1 million in preferred equity has been invested through its Structured Investments platform in five multifamily properties in New York, Pennsylvania, Texas, and Maryland.
“These investments demonstrate the breadth and reach of our Structured...
Riverside Capital invests in Los Angeles affordable housing
Riverside Capital, a leading provider of capital for high quality affordable housing developments, has invested $17.7 million in 7th and Witmer Apartments, an affordable housing community being developed by Deep Green Housing and Community...
Nexus Commercial closed on the sale of Meadows Pointe and Aspen Creek Apartments
Nexus Commercial Realty, LLC, has closed on the sale of Meadows Pointe and Aspen Creek Apartments, a two-property portfolio in Colorado Springs that totals 112 units for the sale price of $10,250,000. Jason Koch...
Affirmed Housing to break ground on Della Rosa, serving Orange County’s chronically homeless and...
Affirmed Housing will host a groundbreaking ceremony for Della Rosa, a new housing community serving individuals experiencing chronic homelessness and households with low income. Located at 14800 Beach Boulevard in Westminster, CA, the 9am...
Commonwealth Development Corporation and WNC & Associates to Build Affordable Housing Community Pacific Flats...
Commonwealth Development Corporation and WNC & Associates have teamed up to build Pacific Flats, an all-new affordable housing community in Phoenix, Oregon. The property will include five three-story residential buildings comprised of 72 family...
Cushman & Wakefield arranges sale on behalf of Westplan Investors
Cushman & Wakefield has arranged the sale of Accent 2050, a 198-unit apartment community located in Atlanta. Robert Stickel, Mike Kemether and Alex Brown of Cushman & Wakefield represented the seller, Atlanta-based Westplan Investors,...
Institutional Property Advisors brokers the sale of Stonecastle Apartment Homes in Orlando
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Stonecastle Apartment Homes, a 220-unit apartment complex located in the desired area of Winter Park, Florida.
Built in 2001, Stonecastle is...
