Multifamily value-add opportunity hits the market near Tampa
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the exclusive opportunity to acquire Villas at Deer Park, a 172-unit apartment community in Lutz, Florida. The price is open bid. “This asset will...
Timberland Partners holds Groundbreaking Ceremony for Elevate Apartments in Eden Prairie, MN
Timberland Partners, a privately-owned real estate investment, development and management firm, held the official groundbreaking ceremony to begin construction on Elevate at SouthWest Station Apartments located in Eden Prairie, Minnesota, near SouthWest Station Metro...
Stiles unveils transformed 200 East Las Olas Office Tower
Stiles announced today that it has completed a $2 million renovation and rebranding of 200 East Las Olas, a 21-story, mixed-use office tower in downtown Fort Lauderdale. Stiles, which owns, manages and leases the...
Ginnie Mae MBS outstanding increases to $1.950 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $34 billion in April. A breakdown of April issuance includes $32.437 billion of Ginnie Mae II MBS and $1.631 billion of Ginnie Mae...
Flaherty & Collins Properties selected by city of Valparaiso for transit oriented project featuring...
Flaherty & Collins Properties has been selected by the City of Valparaiso to negotiate and develop a proposed $120 million mixed-use, transit-oriented project that will include over 500 apartments and 12,000 square feet of...
San Francisco celebrates renewal of 255 Woodside
City and County officials will join Mission Economic Development Agency (MEDA) and BRIDGE Housing at 12:00 noon today to celebrate the renewal of 255 Woodside, a 109-unit affordable rental community for seniors and residents...
Meridian Capital Group arranges $15 million in construction financing for The Davenport
Meridian Capital Group, America’s most active dealmaker, arranged $15 million in construction financing for The Davenport, a multifamily property in Somerville, NJ, on behalf of developer Robert Weiss of Weiss Properties. Located at 21 Davenport...
Meridian Capital Group arranges $53 million in financing for a multifamily property in Hamden,...
Meridian Capital Group, America’s most active dealmaker, arranged $53 million in financing for a multifamily property in Hamden, CT. The 10-year loan features a fixed rate that was locked at an exceptionally favorable spread of...
Announcing Uptown Apartments at Kirkland Urban
Kirkland Urban co-developers Talon Private Capital and Ryan Companies US Inc., announced today the naming of the residential portion of the Kirkland Urban project, to be known as ‘Uptown’. The redevelopment site, historically known...
Kairoi Residential continues expansion in multifamily; acquiring assets in San Antonio and Houston
Kairoi Residential is pleased to announce their most recent acquisitions: a portfolio of four San Antonio, Texas assets and a single asset in The Heights neighborhood of Houston, Texas. Kairoi sourced the San Antonio value-add...
$161.9 million multifamily portfolio in Los Angeles county sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of an eight-property, 644-unit multifamily property portfolio in Los Angeles County, California. The sales price is $161,914,700. “We generated 130 offers and...
Immediate-delivery townhome available at Provenance near Northbrook, Ill.
Red Seal Homes today announced it has completed a move-in-ready townhome at Provenance, the builder’s master-planned community of single-family homes, duplexes and townhomes in the Northbrook area of unincorporated Cook County, Ill. “Though the Terrace...
$43.55 million suburban Phoenix multifamily sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Vue Park West, a 260-unit multifamily asset located within Park West, a 250,000-square-foot open-air lifestyle center in Peoria, Arizona. The...
Levin Johnston creates win-win for buyer and seller with $15 million multifamily asset trade...
Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the $15 million sale of Velocity at Sequoia Station, a 30-unit multifamily community in Redwood City. Levin Johnston represented both...
Pre-leasing begins at Clarkview Apartments in Chicago’s Lakeview Neighborhood
Chicago-based Spaces Real Estate today announced that pre-leasing is underway at Clarkview Apartments, an upscale rental community at 3226-28 N. Clark St. in Chicago’s Lakeview neighborhood, two blocks east of the Belmont CTA station....
