$22.15 million non-recourse loan arranged by Marcus & Millichap Capital Corp.
Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $22.15 million non-recourse loan to refinance Oakmont Apartments, a 336-unit, garden-style apartment complex...
MBA opens doors celebrates milestone: More than 2,000 families across America helped
The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The...
Clarus Maplewood luxury rental community is now 100 percent leased
JMF Properties announced today that Clarus Maplewood, the boutique residential community right next to the Maplewood train station, is now 100 percent leased. Clarus Maplewood opened last summer as the first residential community in New...
After Hurricane Maria, partnership emerges to encourage resilient housing design and construction in Puerto...
Enterprise Community Partners (Enterprise), Puerto Rico Builders Association, the University of Puerto Rico’s (UPR’s) School of Architecture and School of Planning, the Puerto Rico Housing Department, Alvarez-Diaz & Villalon, Perkins and Will and MIT’s...
Three mixed-use buildings in Brooklyn sell for $22.35 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 119-123 Kent Avenue, three contiguous mixed-use buildings in Brooklyn’s Williamsburg...
Calmwater Capital originates $28.5 million for housing near USC
Calmwater Capital, a leading national direct real estate lender, has provided $28.525 million in senior debt to an affiliate of Champion Realty Ltd, a borrowing entity owned and controlled by Bob Champion, Parker Champion...
Colliers arranges sale of Cooke Mills apartment property in Paterson
In one of Paterson’s highest per-unit-price multifamily sale to date, Colliers International NJ LLC has arranged the trade of Cooke Mills, 19 Market Street in Paterson. The Great Falls Historic District rental property drew...
2,369 multifamily units valued at $192.46 million closed by Marcus & Millichap’s Fluellen-Hoover Multifamily...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the Fluellen-Hoover multifamily investment sales team closed 14 multifamily properties with a total...
Luxury central Phoenix multifamily asset sold by IPA for $58.35 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Escape, a 244-unit luxury apartment complex in Phoenix. The $58.35 million sales price equates to $ $239,139 per unit. “Neighboring the...
NOVO Properties is pleased to announce the acquisition of 1825 Maryland Avenue NE
NOVO Properties (NOVO) is pleased to announce the acquisition of 1825 Maryland Avenue NE, a 25-unit multifamily property located in NE Washington, DC. 1825 Maryland Avenue NE is located just to the east of the...
NOVO Properties is pleased to announce the acquisition of 1820 Irving Street NE
NOVO Properties (NOVO) is pleased to announce the acquisition of 1820 Irving Street NE, a 15-unit multifamily property located in NW Washington, DC. 1820 Irving Street is located adjacent to the quickly developing Rhode Island...
NOVO Properties is pleased to announce the acquisition of 310 Hamilton Street
NOVO Properties (NOVO) is pleased to announce the acquisition of 310 Hamilton Street, NW, a 17-unit multifamily property located in NW Washington, DC. 310 Hamilton Street is located in the desirable Petworth submarket. This property...
Interra Realty brokers $30 million sale of multifamily high-rise in Chicago’s Lakeview East neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $30 million deconversion sale of 445 W. Wellington Ave., a 15-story condominium building in Chicago’s Lakeview East neighborhood. The...
Waterton closes $920 million U.S. multifamily value-add investment fund, above target
Waterton, a national real estate investor and operator, is pleased to announce the final close of its latest multifamily value-add investment fund, Waterton Residential Property Venture XIII, L.P. (“Venture XIII”), with $920 million of...
HUBBARD221 in Chicago’s River North reaches 65 percent leased milestone in 5 months
Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced that HUBBARD221, a 195-unit luxury rental tower in Chicago’s River North neighborhood, is now 65 percent leased just five months after opening. Located...
