MassHousing closes on $13.2 million for the refinancing, renovation and extension of affordability of...
MassHousing has closed on $13.2 million in affordable housing financing to Roslindale Senior Housing Corporation, an affiliate of Rogerson Communities, for the refinancing, renovation and extension of affordability for at least 26 years for...
Record sale of multihousing community in North Dakota closes for $19 million
JLL Capital Markets announced that it has closed the $19 million sale of Woodrow Apartments, a 97-unit apartment complex located in Fargo, North Dakota.
JLL marketed the property on behalf of local Fargo-based seller, Kilbourne...
Gelt, Inc. acquires Volta on Pine, a newly developed 271-unit apartment property in downtown...
Gelt, Inc. is pleased to announce it has acquired Volta on Pine for $156 million. The 271-unit, Class A apartment community is located at 635 Pine Avenue in downtown Long Beach, CA.
“Volta on Pine...
Capital Square 1031 acquires luxury, mixed-use, Class A multifamily community in fast-growing submarket of...
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced the acquisition of a 10-story, luxury, mixed-use, Class A multifamily community in Jacksonville,...
Gebroe-Hammer’s Debbie Pomerantz orchestrates $22.75 million sale of 118-unit Paterson, NJ hi-rise
In Paterson, which continues to evolve from its industrial roots into a dynamic urban-core municipality, Gebroe-Hammer Associates Senior Vice President Debbie Pomerantz has arranged the $22.75M sale of a 118-unit multifamily hi-rise in the...
Cushman & Wakefield arranges $19.2 million sale of two apartment communities to Safe Harbor...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $19.2 million sale of Summer Place and Summertree, two apartment communities in Mobile that total 304 units.
Andrew Brown and Parker...
Franklin Street arranges sale of Fort Lauderdale apartment property for $340K per unit
Franklin Street has arranged the sale of a 20-unit, waterfront multifamily property in Fort Lauderdale’s Harbordale submarket for $6.8 million. The pricing—considered top of market for a 1970s era property—equates to $340,000 per unit...
$80 million in refinancing secured for pre-stabilized multihousing property
JLL Capital Markets announced that it has arranged $80 million in pre-stabilized permanent financing for Vermella at Garwood Station, a newly built, 296-unit, transit-oriented, luxury apartment building located in Garwood, New Jersey.
JLL worked on...
Berkadia arranges contribution and finance of 1,115-unit multifamily portfolio in Texas and Florida
Berkadia has arranged the contribution and finance of the Southstar Sunbelt Multifamily Portfolio, a four-property portfolio consisting of 1,115 apartment units in Texas and Florida. Senior Managing Directors Chris Curry and Todd Marix, along...
JVM Realty Corp. acquires luxury multifamily community in DuPage County, Illinois
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced the acquisition of The Residences at Hamilton Lakes, a 297-unit luxury apartment community in the highly desirable northwest...
Cushman & Wakefield arranges sale of The Madeira Apartments, a 119,920-sf multifamily property
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Madeira Apartments, a 138-unit multifamily community located at 7533 38th Avenue N.
Nick Meoli and Mike Donaldson of...
CPP Housing joins with local Hawaii partners to preserve affordable housing in Honolulu
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, announced its acquisition of the Smith-Beretania Apartments in Honolulu, a 22-floor high-rise affordable housing complex that houses 164 one- and two-bedroom units, all of...
Stos Partners expands its multifamily holdings with acquisition of third apartment community in Southern...
Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, recently acquired Lincoln Washington Apartments, a 25-unit multifamily property in the El Cajon submarket of San Diego...
Parkview Financial provides $66 million construction loan for the development of a 131-unit apartment...
Parkview Financial announced it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment project located at 57 Caton Place in Brooklyn, NY. With...
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...