Institutional Property Advisors brokers sale and arranges financing for Tucson multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eastyn Park, a 279-unit multifamily property in Tucson, Arizona. The $42.5 million sales price equates to $152,329 per unit. “Eastyn Park...
MassHousing closes on $18 million for the refinancing, preservation of affordability and extensive renovation...
MassHousing has provided a total of $18 million in affordable housing financing to the non-profit Retirement Housing Foundation (RHF), and its development consultant, the Schochet Companies, for the refinancing, preservation of affordability and renovation...
JVM Realty Corp. acquires luxury apartment community southwest of Chicago
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, from...
$10.75 million financing secured for a California multihousing community owned by Universe Holdings
JLL Capital Markets announced that it has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multihousing community located in La Mesa, California. JLL worked on behalf of the borrower, Universe Holdings, to...
Sale of Minneapolis apartment community closes
JLL Capital Markets announced that it has closed the sale of Dock Street Flats, a 185-unit, 2013-built, luxury apartment community with 2,852 square feet of retail located within the historic North Loop neighborhood in...
Levin Johnston directs 1031 exchange of multifamily communities in San Mateo County
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real estate investments, has successfully directed the sale of two San Mateo...
Marcus & Millichap brokers $10.5 million sale of historic multifamily property in downtown Chicago
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the $10.5 million sale of 227 East Walton Place, a landmarked...
Pensam provides $7.6 million preferred equity for recapitalization of Dallas apartments
Pensam has closed on a $7.6 million preferred equity investment for the recapitalization of The Elise, a 341-unit apartment community located in Dallas, Texas. In connection with the transaction, the sponsor, Windmass Capital, arranged...
Charlotte multihousing asset trades for $91 million
JLL Capital Markets announced that it has closed the $91 million acquisition of and the $60.3 million financing for Abberly NoDa Vista (formerly known as Live at NoDa), a 261-unit, five-story, wrap-style apartment within...
Institutional Property Advisors negotiates Tucson multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Elevate, a 144-unit apartment property in Tucson, Arizona. The asset traded for $21.8 million, or $151,389 per unit. “Previous ownership enhanced...
$57.5 million financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged the $57.5M financing of EVO, a 220-unit, newly built, luxury multihousing property located in downtown Englewood, New Jersey. JLL represented the sponsorship, a joint venture between Claremont...
Marcus & Millichap completes Fort Worth multifamily asset sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Tides Waterfront, a 386-unit multifamily asset in Fort Worth, Texas. “Tides Waterfront...
Capstone has closed the sale of Arcadia Plaza Apartments
Capstone has closed the sale of Arcadia Plaza Apartments, a 13,188 SF multifamily property for the sale price of $4,600,000. Pat Knowlton of Capstone represented both the Seller and the Buyer on this transaction. Arcadia...
Interra Realty brokers $11 million sale of multifamily property on Chicago’s North Shore
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 37-unit multifamily property in Highwood, Ill. The newly built property, located at 546 Green Bay Road, traded...
DLP Capital finances $24 million multifamily by Idaho Capital of Boise
DLP Capital, a private real estate investment and financial services firm, announced that it has provided $24.4 million in acquisition financing for a new, 160-unit multifamily property in the greater Boise, Idaho metro area....
