West Shore acquires Class A luxury asset in South Carolina
West Shore LLC, a fully integrated, multifamily real estate investment firm, today announced the acquisition of Arcadia’s Edge, a 204-unit luxury residential community in Columbia, South Carolina. The top-tier, Class A asset, which offers...
Levin Johnston completes sale of upgraded 30-unit multifamily community in Fremont, California
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the sale of 4001 Nicolet, a fully...
Levin Johnston directs three multifamily property sales in California Bay Area for a total...
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed three multifamily property sales in the Bay...
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...
$61 million construction loan secured to build Class A apartments in Kissimmee
JLL Capital Markets announced it secured a $61 million construction loan and preferred equity for the Infield Apartments, a multihousing development located in Kissimmee, Florida, just south of Orlando.
JLL worked on behalf of the...
$23.2 million in refinancing secured for a multihousing community near Albany
JLL Capital Markets announced that it has arranged a $23.2 million refinancing for Elm Estates, a 197-unit multihousing community located near Albany in Selkirk, New York.
JLL worked on behalf of the borrower, Tower Management...
The Allen Morris Company, Juneau Construction Company ‘break ground’ on $130m Star Metals Residences...
On Thursday, Aug. 9, the customary ceremonial shovels were replaced with a 3,000-pound wrecking ball as The Allen Morris Company and Juneau Construction Company took part in a unique “ground-breaking” in West Midtown for the $130 Million residential...
MassHousing to provide $1.5 million in workforce housing financing for new rental housing community...
MassHousing is providing $1.5 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of the Village at Nauset Green by Pennrose, LLC. The MassHousing workforce housing financing will...
JLL arranges $34M financing for 7EMPIRE in San Jose, California
JLL announced that it has arranged $34 million in debt financing for the development of 7EMPIRE, a 97-unit, Class A, art-focused multihousing community in the Silicon Valley core.
JLL worked on behalf of the developer,...
4-property San Diego multihousing portfolio sold for $8.5 million
JLL Capital Markets announced that it has closed the $8.5 million sale of a four-property multihousing portfolio totaling 28 units and located throughout San Diego, California.
JLL represented the seller in the sale of the...
Apartments in sought-after Portland submarket purchased for $28.2 million
JLL Capital Markets announced it closed the $28.2 million sale of the Preserve at Sunnyside, a 108-unit value-add multihousing community located in the sought-after Clacakamas submarket of Portland, Oregon.
JLL marketed the property exclusively on...
Stepp Commercial completes $6.4 million sale of a 29-unit apartment property in Sylmar, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.4 million sale of Astoria Oaks, a 29-unit apartment property located at 13983 Astoria Street in Sylmar, California.
Stepp Commercial’s...
$20.9 million student housing portfolio trades hands in North Carolina
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Deacon Properties, a 64-home, 251-bed student housing portfolio in Winston-Salem,...
TruAmerica Multifamily continues to build its Phoenix, AZ portfolio with acquisition of two Tempe...
TruAmerica Multifamily, in joint venture with an institutional capital partner, has acquired a two-property, 472-unit apartment portfolio in Tempe, AZ for $67.3 million increasing its local portfolio to more than 2,400 units.
“We continue to...
Trez Forman funds $8 million value-add acquisition loan for 106-unit apartment community in Jacksonville
A real estate investor has secured an $8.1 million loan from Trez Forman Capital to help acquire and renovate a 106-unit waterfront apartment community in Jacksonville’s south side. Built in 1972, the Beauclerc Bay...
