Sale of multihousing community in North Milwaukee suburb closes
JLL Capital Markets announced that it has closed the sale of Bevy Apartments, a brand-new, 175-home apartment and townhome community in the fast-growing North Milwaukee suburb of Brown Deer.
JLL worked on behalf of the...
Berkadia arranges refinance of townhome complex in Port St. Lucie, Florida
Berkadia announces it has arranged the $17.87 million recapitalization of The Enclave at St. Lucie West, a 91-unit townhome complex in Port St. Lucie, Fla. Senior Managing Director Mitch Sinberg, Managing Director Matt Robbins...
$31.5 million financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged $31.5 million in financing for the acquisition and renovation of Hackensack Gardens, a 198-unit, garden-style, multihousing community located in Hackensack, Bergen County, New Jersey.
JLL represented the...
Institutional Property Advisors brokers sale of luxury multifamily asset in Silicon Valley for $193...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eleanor, a newly constructed, 333-unit Class A multifamily asset, including over 10,500 square feet of retail space. The property is...
$49.45 million loan secured for 224-unit Flagstaff multihousing development
JLL Capital Markets announced that it has arranged $49.45 million in construction financing for the development of Flagstaff Elkwood, a to-be-built, 224-unit multihousing community, along with 6,000 square feet of retail space, in Flagstaff,...
$302 million capitalized for refinancing of a six-property multihousing portfolio
JLL Capital Markets announced that it secured $262 million in debt and $40 million in equity for the refinancing of a six-property, 1,494-unit, garden-style multihousing portfolio scattered across Maryland, Virginia and Alabama.
JLL represented the borrower,...
The Jacobson Company acquires brand-new 217-unit multifamily community in Fort Worth, Texas suburb
The Jacobson Company, a leading private real estate investment and management company, has successfully completed the off-market acquisition of Atlantica at Burleson, a new Class A multifamily community comprising 217 units in the Fort...
$9.8 million in financing secured for Jersey City multihousing development
JLL Capital Markets announced that it has arranged $9.775 million in construction financing for One Mallory, a 44-unit, seven-story luxury multihousing development at 70 Fisk Street in Jersey City’s West Side.
JLL represented the borrower,...
Sale of multihousing community in Arizona closes
JLL Capital Markets announced that it has closed the sale of Tempe Metro, a 408-unit, value-add, wrap-style multihousing community in Tempe, Arizona.
JLL marketed the property on behalf of the seller, a joint venture between...
Interra Realty brokers $2.23 million sale of two-building multifamily portfolio in Chicago’s Pilsen Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $2.23 million sale of a two-building multifamily portfolio in Chicago’s Pilsen neighborhood. The properties, which were acquired by separate buyers,...
The Jacobson Company acquires brand-new 217-unit multifamily community in Fort Worth, Texas suburb
The Jacobson Company, a leading private real estate investment and management company, has successfully completed the off-market acquisition of Atlantica at Burleson, a new Class A multifamily community comprising 217 units in the Fort...
Institutional Property Advisors closes Newcastle multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cedar Rim, a 104-unit multifamily asset in Newcastle, Washington. The $53 million sales price equates to $509,615 per unit.
“Overlooking Lake...
JVM Realty Corp. acquires The Bevy Luxury Apartment Community near Milwaukee
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired The Bevy, a 175-unit luxury apartment community in the Milwaukee suburb of Brown Deer.
“We are...
Marcus & Millichap completes multifamily portfolio sale outside of Omaha
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Northridge and Flatwater, a 192 unit, two-property multifamily portfolio outside of...
Institutional Property Advisors brokers suburban Seattle multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodbrook, a 100-unit apartment property in Everett, Washington. The property sold for $31.3 million, which represents $312,750 per unit.
“Located in...
