Porter Kyle Commences Construction on $60M Chandler BTR Townhome Development The Wayne
Porter Kyle, a Scottsdale-based vertically integrated multifamily builder and developer, broke ground on The Wayne, a roughly $60-million multifamily Build-to-Rent (BTR) project in Chandler, Arizona.
Taylor Shultz, Partner of Porter Kyle, said, “Chandler is one...
HSR Breaks Ground on 370-unit Residential Community The Henley in Apex North Carolina
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), has broken ground on The Henley located at 1213 Chapel Ridge Road, in Apex, North Carolina.
The Chapel Ridge Road development will sit...
JLL Arranges Sale and Financing for Multifamily Community Cascade at Town Center near Minneapolis
JLL Capital Markets that it has arranged the sale and financing of Cascade at Town Center, a 204-unit multifamily community in Eden Prairie, Minnesota.
JLL represented both the seller, a joint venture between Harbert Management...
JLL Facilitates $77.25M Sale for Residential Community Haven Hoffman near Chicago
JLL Capital Markets announced that it has arranged the $77.25 million sale and $54.809 million agency lending for Haven Hoffman, a 550-home garden-style community located in Hoffman Estates, Illinois, a sought-after northwest suburb of...
CBRE Arranges Acquisition Financing for Atrii Apartments in Denver Suburbs
Quinlan Development Group and Leetsdale Acquisition Partners announced the $32.5 million acquisition of The Atrii Apartments, a 197-unit multifamily property located at 5100 Leetsdale Drive in Glendale, Colorado, a Denver suburb.
The transaction is a...
Pointe Grand Plant City near Tampa Bay gets $50M Bridge Refinancing Loan from NewPoint...
NewPoint Real Estate Capital LLC (“NewPoint”) has provided a $50 million lease-up bridge loan to Hillpointe, LLC for the recently completed Pointe Grand Plant City in Plant City, Florida. The two-year, floating rate, interest-only...
Marcus & Millichap’s IPA Capital Markets Arranges $61M Redevelopment Financing in Huntington Beach
Institutional Property Advisors (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, announced the $60.9 million refinancing of a 28.9-acre oceanfront redevelopment project located in...
CBRE Arranges Sale of 224-Unit Luxury Apartment Community Slate at Merrimack in New Hampshire
Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of Slate at Merrimack, a 224-unit, 100% market-rate, luxury apartment community located in Merrimack, New Hampshire.
CBRE...
Korman Communities Hosts Ribbon Cutting for Multifamily Community AVE Paradise Valley in Phoenix
AVE, the residential real estate brand of Korman Communities, in partnership with RXR, today announces the opening of AVE Paradise Valley (12400 North Tatum Boulevard in Phoenix, Arizona), a new residential community with 400...
Berkadia Arranges Sale of Palm Bay Grand Apartments on Florida’s Space Coast
Berkadia, a leader in the commercial real estate industry, announced the sale of Palm Bay Grand, a 166-unit garden-style multifamily community in Melbourne, Florida.
Managing Director David Etchison, Senior Managing Director Cole Whitaker, Director Mary...
Up Campus Living Announces Development of Student Housing Community Blume on Ivy near UVA
Up Campus Living, leading development and property management company specializing in student housing and near-campus real estate, is proud to announce their newest development, Blume on Ivy.
Designed for modern student living, Blume on Ivy...
Thompson Thrift Hosts Ribbon Cutting for Stella, a Multifamily Community Near Phoenix
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of...
Northmarq Arranges Sale of Two-Property Multifamily Portfolio in Nebraska Including The Vue and Lakeview...
Northmarq’s Midwest Multifamily Investment Sales team led by Parker Stewart, Anthony Martinez, Dominic Martinez and Alex Malzone successfully brokered the sale of two Nebraska multifamily properties totaling 566 units. The portfolio includes The Vue (330 units,...
JLL Arranges Loan for Premium Student Living Community HERE Reno for UNR
JLL Capital Markets announced that it has secured a financing for HERE Reno, a 636-bed, Class A student housing property serving student of the University of Nevada, Reno.
JLL represented the borrower, Article Student Living,...
Tricon Residential Breaks Ground on Build-for-Rent Community Tricon Corona in California
Tricon Residential Inc., a Blackstone Real Estate portfolio company, broke ground on Tricon Corona, a new build-to-rent (BTR) community that will create 38 professionally managed single-family rental homes in the Inland Empire.
California faces a...
