$28.48 million loan secured for Northern New Jersey multihousing community development
JLL Capital Markets announced that it has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in Morristown, New Jersey.
JLL represented the borrower, The Hampshire Companies, to secure...
Mt. Carmel and Mt. Village Apartments sell for $2.8 million
Affordable Housing Investment Brokerage Inc. recently sold two Waterloo, Iowa apartment complexes, Mt. Carmel and Mt. Village, for $2,800,000. Managing Director Kyle Shoemaker and Senior Vice President Dan Piatkowski, represented both the purchaser, a...
Institutional Property Advisors closes $62 million multifamily asset sale in Santa Clarita Valley
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Madison at Town Center, a 130-unit apartment complex in Valencia, California. The asset traded for $62 million, or $476,923...
Caliber Announces Hotel Conversion Project to Apartments, Townhomes, and SFR in South Phoenix
Caliber finalized funding for the first phase of the Company’s SP10 project in the Ahwatukee Foothills neighborhood in South Phoenix.
The SP10 project will begin with the conversion of an existing 160-room hotel to 104...
De Anza Properties Secures $78M in Financing for Midtown 360 Apartments in Orem Utah
De Anza Properties has secured a $78 million financing of its Salt Lake City Midtown 360 property.
Northmarq arranged the permanent fixed-rate loan on behalf of De Anza through Northmarq’s in-house Fannie Mae DUS platform....
Cushman & Wakefield arranges $5.25 million sale on behalf of TCA LLC
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $5.25 million sale of Terrace Court, a 40-unit apartment community located in Birmingham, Alabama.
Craig Hey and Jimmy Adams of Cushman...
Interra Realty facilitates $2.3 million multifamily sale in Chicago’s South Shore Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $2.3 million sale of 6811 S. Paxton Ave., a 29-unit mid-rise apartment building in Chicago’s South Shore neighborhood. The price...
Decron Properties acquires multifamily community in Phoenix for $125.25 million
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery on the Green, a 324-unit multifamily property in the submarket of Chandler, Ariozona for...
ZMR Capital adds two Dallas multifamily properties to Texas portfolio
ZMR Capital has increased its footprint in Texas by nearly 1,000 units after acquiring two garden-style communities in Dallas expanding the Tampa Bay, Florida-based multifamily investment firm’s portfolio in the Lone Star State to...
Cushman & Wakefield arranges sale of 565 Hank on behalf of Carter and Kayne...
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of 565 Hank, a 306-unit apartment community located in Atlanta, Georgia’s Summerhill neighborhood.
Robert Stickel, Alex Brown, and Michael Kay of...
HFF arranges $45.65M financing for Talavera Apartments in Denver
Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged $45.65 million in financing for Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver, Colorado.
HFF worked on behalf of the borrower, Denver-based Griffis Residential,...
Bethesda apartment community receives $34.25 million refinancing
JLL Capital Markets announced that it has arranged a $34.25 million refinancing for Element 28, a 101-unit, best-in-class boutique apartment building with 3,500 square feet of ground-floor retail space in Bethesda, Maryland.
JLL worked on...
Stepp Commercial completes $1.82 million sale of a 8-unit apartment property on the Eastside...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.82 million sale of an eight-unit apartment property located at 1746 E. 10th Street in Long Beach. The...
The Housing Authority of the City of Alameda Announces Construction Has Commenced for The...
The Housing Authority of the City of Alameda (AHA) is pleased to announce that over 100 new affordable homes are coming to the City of Alameda via two new housing developments (The Estuary I...
Värde Provides $105M Loan for Newly Developed California Multifamily Property Artisan Crossing
Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, announced that it has provided Windy Hill Property Ventures, a firm specializing in real estate development in the Greater Bay...
