$16.333 million financing secured for Santa Rosa affordable housing project
JLL Capital Markets announced that it has arranged the $16.333 million construction financing of The Cannery at Railroad Square, a 129-unit affordable housing project located in Santa Rosa, California. This transaction marks the first...
Joint venture of PCCP, LLC and The Bainbridge Companies, LLC to develop a 411-unit...
PCCP, LLC and The Bainbridge Companies, LLC are pleased to announce a joint venture for the ground-up development of Bainbridge Wesley Chapel, a 411-unit, Class A, garden-style apartment community located along State Road 56...
Marcus & Millichap completes dual Southwest multifamily asset sales
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Hub and 6500 South, two multifamily assets located in Dallas...
Student housing community at Baylor University trades to Waterway Family Funds
JLL Capital Markets announced that it has closed the sale of 11th Street Flats, a 134-bed / 45-unit student housing community adjacent to Baylor University in Waco, Texas.
JLL represented the seller, Newsome Development and Investments....
Ariel Property Advisors arranges $33.6 million sale of six-building multifamily portfolio in The South...
Ariel Property Advisors (Ariel) arranged the $33,600,000 sale of a portfolio comprised of six multifamily elevator buildings located at 111-119 Tudor Place, 1170-1176 Walton Avenue and 309 East 164th Street in the Concourse and...
Stepp Commercial completes $9.325 million sale of 24-unit apartment property in Signal Hill, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $9.325 million sale of a 24-unit apartment property located at 1867 Temple Avenue in Signal Hill, a city completely...
Institutional Property Advisors brokers $116 million multifamily asset sale in Metropolitan Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liv Crossroads, a 356-unit multifamily property in Gilbert, Arizona. The $116 million sales price represents $325,843 per unit.
“Adhering to the...
JLL arranges $27 million in acquisition financing for grocery-anchored multihousing property in prime Manhattan...
JLL Capital Markets announced that it has arranged $26.85 million of acquisition financing for The Nathaniel, a grocery-anchored, 85-unit apartment building located at 138 East 12th St. in the East Village neighborhood of Manhattan.
JLL...
Interra Realty brokers $2 million sale of multifamily property in Melrose Park, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 29-unit multifamily property in Melrose Park, Ill. for $2 million. The property 1123 N. 33rd Ave., was a...
The Mogharebi Group arranges $50 million sale of 237-unit multifamily community in Central California
The Mogharebi Group (TMG) has brokered the sale of Oak View Apartments, a 237-unit garden-style multifamily community in Visalia, Calif., for $50 million. The buyer of the fully occupied property is a Southern California-based...
New Jersey multihousing community secures $11 million financing
JLL Capital Markets announced that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located in downtown Rahway, New Jersey.
JLL represented the borrower, Denholtz Properties,...
ABI Multifamily brokers 59-unit Midtown apartment community for $21.5 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $21,538,462 / $365,059 per unit / $421.81 per square foot sale of PURE Midtown, a...
$99.5 million financing secured for Chicago trophy apartment tower acquisition
JLL Capital Markets announced that it has closed the $99.5 million financing of The Elle, a 496-unit, trophy, high-rise multihousing community in the South Loop submarket of Chicago, Illinois.
JLL worked on behalf of the...
RADCO acquires Solis Reynolds Place in Atlanta; Multifamily property rebranded as Lyra by Radius
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of Solis Reynolds Place, a newly constructed 228-unit multifamily asset located in Duluth, Georgia, a northeast Atlanta suburb.
The...
Institutional Property Advisors negotiates Tempe apartment property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of La Serena, a 160-unit multifamily asset in Tempe, Arizona.
“Located in South Tempe, where limited multifamily inventory and extreme barriers to...
