FHLBank San Francisco awards $65.9 million for 70 affordable housing developments in seven states
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today awarded $65.9 million in Affordable Housing Program (AHP) grants to 70 projects that will construct or rehabilitate 6,067 units of housing affordable...
Four multifamily assets sold in 1031-Exchange transactions for $67.7 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of four Southern California multifamily properties valued at $67.7 million. All...
Revel Eagle, a refined senior community in Eagle River, now pre-leasing
The Wolff Company—a Scottsdale-based private equity firm and developer—today announced that pre-leasing has begun for its new refined senior community: Revel Eagle. Located within the prestigious Eagle River development adjacent to Reid Merrill Park,...
Rose Community Capital arranges $16.1 million financing for rehabilitation of Fenway Manor in Cleveland,...
Rose Community Capital, a MAP designated FHA Lender and the residential financing division of the Jonathan Rose Companies, has secured a $16,119,100 Section 221(d)4 Substantial Rehab loan for Fenway Manor, a 143-unit affordable housing...
Meridian Capital Group arranges $72 million in acquisition financing for the condominium deconversion of...
Meridian Capital Group, America’s most active dealmaker, arranged $72 million in acquisition financing for the condo deconversion of Kennelly Square in Chicago, IL into multifamily rental units, on behalf of Strategic Properties of North...
Meridian Capital Group arranges $46 million in financing for a multifamily community in Raritan,...
Meridian Capital Group, America’s most active dealmaker, arranged $46 million in financing to refinance a multifamily community in Raritan, NJ on behalf of Castle Lanterra Properties.
The five-year loan, provided by a balance sheet lender,...
Jefferson Apartment Group sells Jefferson Lighthouse Place for $55 million closing out the Starwood...
Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., announces today the sale of Jefferson Lighthouse Place, a 243-unit luxury apartment community in Pompano Beach,...
IPA brokers Metroplex multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Villas Central Park, a 249-unit multifamily property in Grand Prairie, Texas.
“Villas at Central Park achieved stabilization within an impressive timeframe...
Interra Realty brokers sales of adjacent properties totaling $16.5 million on Chicago’s North Side
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 44 apartments and three retail spaces in the 5400 block of North Broadway Avenue in Chicago’s Edgewater...
Two Brighton multifamily properties totaling 76 units trade for a combined $9.5 million
Transwestern today announces it brokered the sale of two multifamily properties totaling 76 units for a combined $9.5 million, a record-setting price in Brighton for vintage assets. Senior Vice President Tom Wanberg and Vice...
Three multifamily assets hit the market in Suburban Cleveland
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it has been awarded the exclusive listing for a core-plus multifamily property and two value-add investment properties totaling 1,837 units in suburban Cleveland....
CA Ventures and K Giles LLC announce 50-percent-leased milestone at Eleven40 Apartment Tower in...
CA Residential LLC, the multifamily investment and development division of Chicago-based CA Ventures, together with joint venture partner K Giles LLC, today announced Eleven40, a mixed-use, transit-oriented development in Chicago’s South Loop, already is...
Levin Johnston directs competitive acquisition of trophy multifamily asset in Redwood City
Levin Johnston, a division of Marcus & Millichap and one of the top ten multifamily brokerage teams in the U.S., has directed the $13.6 million acquisition of 10 Birch, a 27-unit multifamily community located...
Two-property apartment portfolio trades hands in Southwest Houston
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the Southwest Two Pack, a 412-unit, two-property multifamily portfolio.
“The buyer...
$28 million multifamily asset sold in 1031 Exchange
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Vio Costa Mesa, an 84-unit multifamily property in Costa Mesa,...
