Institutional Property Advisors brokers multifamily asset sale in Greater Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina, California. The $38.25 million sales price equates to $450,000 per...
Marcus & Millichap closes the sale of a 39-unit apartment building for $6.235 million...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Breezy Palms, a 39-unit apartment complex located in Largo, Fla. The...
Berkadia arranges sale and finance of garden-style multifamily community in North Houston
Berkadia announces it has arranged the sale and finance of Cypress Parc, a 200-unit garden-style multifamily community in Houston, Texas. Managing Directors Chris Young and Joey Rippel, Director Kyle Whitney, Managing Director Jeffrey Skipworth...
PEF Advisors acquires affordable apartment community for Seniors in Chicago
Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable...
Interra Realty brokers $11 million sale of TOD in Chicago’s Fulton River District
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 36-unit transit-oriented multifamily property in the Fulton River District of Chicago's West Loop neighborhood. The building sold...
Marcus & Millichap announces the sale of 105-room hotel in Jacksonville, Florida for $5.5...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Days Inn Baymeadows, a 105-room hotel located at 8255 Dix Ellis...
Ariel Property Advisors announces sale of adjacent Upper West Side multifamily buildings for $16.2...
Ariel Property Advisors has arranged the sale of two adjacent, six-story mixed-use buildings at 992-1000 Amsterdam Avenue on the Upper West Side near Columbia University for $16.2 million. The acquisition was managed by an Ariel...
Interra Realty brokers sale of 130-unit Chicago multifamily portfolio
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 130-unit mixed-use multifamily portfolio in Chicago’s Hyde Park neighborhood. Comprising three buildings, the portfolio sold for an...
$24.26 million construction financing arranged for Denver multihousing project
JLL Capital Markets announced that it has arranged the $24.26 million construction financing for the development of 32nd and Eliot Apartments, a 124-unit, Class A, luxury multihousing community in the highly coveted Highlands neighborhood of...
Interra Realty brokers $13 million sale of 84-unit property in suburban Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of an 84-unit multifamily portfolio in Oak Lawn, Ill., a suburb of Chicago. The properties, branded as reVerb Oak...
iBorrow provides $17 million in refinancing for two mid-renovation multifamily assets in Southern California
iBorrow, a nationwide private direct lender for commercial real estate, has provided a $17.38 million refinance loan on two mid-renovation multifamily communities located in Southern California. The bridge loan will be used to refinance the borrower’s...
Marcus & Millichap closes three multifamily sales in Dallas-Fort Worth
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of three multifamily assets in the Mid-Cities region between Dallas and Fort...
Nashville affordable housing development secures $18.82 million loan from the Amazon Housing Equity Fund
JLL Capital Markets announced that it has arranged the $18.82 million loan from The Amazon Housing Equity Fund for the construction of Harpeth Valley Apartments, a garden-style, 251-unit, mid-rise affordable housing development located in...
Thompson Thrift to develop luxury multifamily community near Denver
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Premier at West Park, a 336-unit Class A multifamily community 50 miles from...
Marcus & Millichap closes $7.31 million sale of Amberwood Hills Apartments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Amberwood Hills Apartments in Lake City, Florida. The 101-unit apartment complex...