Interra Realty closes $3.15 million sale of apartment building in Forest Park, Ill.
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it facilitated the $3.15 million sale of 500 Des Plaines Ave., a 39-unit apartment building in Forest Park, Ill., a western suburb of...
Knighthead Funding originates loans totaling $37.3 million for Michigan multifamily projects
Knighthead Funding LLC, has originated separate loans totaling $37.3 million for the development of three multifamily projects in Michigan.
All three non-recourse loans range in term from 18 to 36 months and are secured by...
Kiser Group brokers Portage Park portfolio for $3.5 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered a three-building, 36-unit portfolio located in the Portage Park neighborhood of Chicago. The portfolio included 3905-11 N. Linder, a 10-unit building; 3514-18 N. Long, a...
North Dallas multihousing property refinanced
JLL Capital Markets announced that it has arranged the refinancing of Advenir on Addison, a 264-unit, garden-style multihousing property in North Dallas.
JLL worked on behalf of the borrower, Advenir, to secure the seven-year, fixed-rate...
Colliers International announces sale of Falcon Point Apartments in Virginia Beach
Colliers International is pleased to announce the sale of Falcon Point, a multifamily community in Virginia Beach, from The Runnymede Corporation to Seminole Trail Properties.
Falcon Point is located at 2105 Lake Smith Drive and...
Dunleer sells The Cottage Club, a charming and iconic rental community in Highland Park...
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $3.222 million sale of The Cottage Club, an iconic rental community consisting of eight stand-alone cottages located at 336 N Avenue...
New apartment community trades in Panama City Beach, Florida
Transwestern Real Estate Services (TRS) announces its Southeast Multifamily Investment Services Group has negotiated the sale of Parkside at the Beach, a 288-unit luxury apartment community at 17225 Panama City Beach Parkway in Panama...
JLL arranges equity for multihousing project near Twin Cities
JLL Capital Markets announced that it has arranged equity for the development of NOVO, a 192-unit multihousing complex located in the Twin Cities’ suburb of Richfield, Minnesota.
NOVO will consist of a five-story and three-story...
Value-add apartment community outside Washington DC sells for $87.5 million
Transwestern Real Estate Services (TRE) announces its Mid-Atlantic Multifamily Group has brokered the sale of Villas at Langley, a 590-unit, value-add investment property in Hyattsville, Maryland. Klein Holdings sold the garden-style asset to Jair Lynch...
$58.5 million for 57 Ocean: construction loan secured
Miami Beach’s 57 Ocean, an ultra-luxury seaside condominium on the iconic Millionaire’s Row, announced that it has obtained a $58.5 million construction loan from Bank OZK, arranged by JLL Capital Markets. The financing will...
Affordability extended for lower-income senior citizens at Methuen Housing Community as a result of...
MassHousing has provided $7.9 million in affordable housing financing to the non-profit Community Teamwork, Inc. (CTI) to preserve affordability for lower-income senior citizens at the 60-unit Merrimack Valley Apartments in Methuen and extend affordability at the community for at...
Marcus & Millichap’s Levin Johnston team closed San Francisco Bay Area multifamily sale for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Lakes, a three-story, 102-unit garden-style multifamily asset in Concord, California....
CBRE sells West Roxbury multifamily complex for $41.8 million
CBRE announced the $41.76 million sale of Oak Row apartments, an 80-unit luxury apartment community in West Roxbury, MA.
CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller, a...
CBRE sells Waltham multifamily complex for $73 million
CBRE announced the $73.575 million sale of Waltham Overlook, a 207-unit 100 percent market-rate apartment community in Waltham, MA.
CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller an affiliate...
Optima enhances virtual sales model, tops off construction of luxury residential tower
In these unique times, multifamily development firm Optima is debuting an enhanced virtual sales experience at 7180 Optima Kierland to accommodate prospective buyers in advance of the luxury residential community’s summer opening.
The 12-story tower...
