Madison Communities Secures $35.5MM Financing for Savannah Multifamily Development Madison Oglethorpe
Madison Communities, the multifamily development affiliate of Madison Capital Group, has closed on the financing for Madison Oglethorpe, an upscale garden-style multifamily development located directly adjacent to Oglethorpe Mall in Savannah, Georgia.
The $35,500,000 construction...
Inland Empire townhome community trades for $150 million in So Cal’s largest multifamily transaction...
In the largest multifamily transaction in Southern California to close this year, real estate investment firm Archway Equities (Archway) has acquired from 4914 Olive Street Properties LLC, The Paseos at Montclair North, a 385-unit...
$13.1 million in refinancing secured for San Diego multihousing project
JLL Capital Markets announced that it has arranged $13.1 million in the permanent refinance of Blend-SD, a 54-unit, urban-coastal multihousing community located in the Linda Vista neighborhood of San Diego, California.
JLL represented the borrower,...
Standard Communities Leads Public-Private Partnership Acquiring and Preserving Affordability of a 214-Unit Senior Living...
Standard Communities, a major national affordable housing developer and investor, has led a public-private partnership acquiring Huntington Towers, a 100% senior affordable 214-unit community in Mount Prospect, Illinois.
The total capitalization of the transaction is...
CBRE Arranges Sale of 21-Unit Tropicana Apartments in Huntington Beach California for $7.05M
CBRE announced the sale of Tropicana Apartments, a 21-unit multifamily community in Huntington Beach, California to a private all-cash buyer. The sale price of $7.05 million represents a sale price of $698 per square...
Puget Sound multifamily asset trades at $26 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 5100 Summit Apartments, a newly constructed 115-unit multifamily property in...
$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,...
JLL arranges $140 million construction financing for latest mixed-use Gowanus development
JLL Capital Markets announced that it has arranged $142 million in construction financing for Majestic, a ground-up, Class A mixed-use development with 255 multihousing units and 18,000 square feet of commercial space, located at...
Berkadia arranges sale and financing of Class A garden-style multifamily community in Houston
Berkadia announces it has arranged the sale and financing of 5 Oaks, a 228-unit, multifamily community in Houston. Managing Director Jeffrey Skipworth, Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Chris Young...
Tower 16 Capital Partners acquires a two-property, 332-unit multifamily portfolio in Phoenix for $55...
San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 332 units in the greater Phoenix area for $55 million. Summerhill Place Apartments is in Glendale, Ariz., and consists of...
Marcus & Millichap expands into Montreal by acquiring McGill Commercial
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the expansion of its Canadian presence with the acquisition of McGill Commercial, an...
Cushman & Wakefield Arranges Sale of Forum at Grand Prairie Near Dallas Fort Worth
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Forum at Grand Prairie, a 304-unit multifamily community located in Grand Prairie, Texas.
"Forum at Grand Prairie provided a...
Interra Realty brokers largest year-to-date multifamily sale in Chicago’s West Rogers Park Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 6415-25 N. Richmond St., a 37-unit rental community in Chicago’s West Rogers Park neighborhood. The asset sold...
TruAmerica Multifamily Acquires Value-Add Multifamily Asset Maris Pointe in Orlando
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Maris Pointe, a 280-unit apartment community in Orlando, Florida.
TruAmerica will leverage its expertise and scale in the Orlando market to execute its strategy of building...
$57.5 million financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged the $57.5M financing of EVO, a 220-unit, newly built, luxury multihousing property located in downtown Englewood, New Jersey.
JLL represented the sponsorship, a joint venture between Claremont...