Newmark arranges sale of 240-unit value-add multifamily property in Northwest San Antonio
Newmark announces the sale of Viva Max, a 240-unit value-add multifamily asset located in northwest San Antonio, Texas. The property traded from Pradeep Mistry to River Rock Capital, a private multifamily investment firm focused...
PCCP, LLC provides $68 million senior construction loan for a Class A 336-unit apartment...
PCCP, LLC has provided a $68 million senior construction loan to a joint venture between the Rockworth Companies and the Gasser Family for the ground-up development of Village Apartments, a Class A, 336-unit apartment...
American Landmark acquires apartments outside Richmond, Virginia
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Element at Stonebridge, a 400-unit apartment community located in Chesterfield, Va., just south of Richmond. This marks American Landmark’s...
Marcus & Millichap completes suburban Denver apartment sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Fitz on 14th, a 176-unit multifamily property located in Aurora,...
JLL arranged the $176 million construction financing for new mixed-use Gowanus development
JLL Capital Markets announced that it has arranged $176 million in construction financing for 420 Carroll St., a ground-up development of a 360-unit, Class A multihousing property in the rezoned Gowanus neighborhood of Brooklyn. The...
$60.25 million sale of multihousing community near Las Vegas closes
JLL Capital Markets announced that it has closed the $60.25 million sale of Vantage Lofts with a price per unit closing of $547,727. The property is a 110-unit, luxury multihousing community located within the...
DLP Capital spearheads acquisition of 350-unit Houston multifamily
DLP Capital, a private real estate investment and financial services firm, announced its acquisition of Domain at Morgan’s Landing, a 350-unit multifamily complex in the Houston suburb of La Porte. The acquisition was made...
Denholtz Properties continues growth of multifamily portfolio with acquisition of 384-unit residential community near...
Denholtz Properties, a leading real estate development and investment company, announces the acquisition of 5150 JB Drive Apartments, a 384-unit, Class-A multifamily community located at 5150 Jack Byrnes Drive in Murfreesboro, Tenn. 5150 JB Drive...
ZMR Capital acquires fourth Orlando multifamily community of 2022
ZMR Capital has acquired Sonoma Pointe, a 216-unit garden-style multifamily community in the Kissimmee submarket of Orlando, Florida, in an all-cash deal. The Tampa-based real estate investment company increases its Orlando apartment portfolio to...
Sale of multihousing community in North Milwaukee suburb closes
JLL Capital Markets announced that it has closed the sale of Bevy Apartments, a brand-new, 175-home apartment and townhome community in the fast-growing North Milwaukee suburb of Brown Deer. JLL worked on behalf of the...
Berkadia arranges refinance of townhome complex in Port St. Lucie, Florida
Berkadia announces it has arranged the $17.87 million recapitalization of The Enclave at St. Lucie West, a 91-unit townhome complex in Port St. Lucie, Fla. Senior Managing Director Mitch Sinberg, Managing Director Matt Robbins...
$31.5 million financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged $31.5 million in financing for the acquisition and renovation of Hackensack Gardens, a 198-unit, garden-style, multihousing community located in Hackensack, Bergen County, New Jersey. JLL represented the...
Institutional Property Advisors brokers sale of luxury multifamily asset in Silicon Valley for $193...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eleanor, a newly constructed, 333-unit Class A multifamily asset, including over 10,500 square feet of retail space. The property is...
$49.45 million loan secured for 224-unit Flagstaff multihousing development
JLL Capital Markets announced that it has arranged $49.45 million in construction financing for the development of Flagstaff Elkwood, a to-be-built, 224-unit multihousing community, along with 6,000 square feet of retail space, in Flagstaff,...
$302 million capitalized for refinancing of a six-property multihousing portfolio
JLL Capital Markets announced that it secured $262 million in debt and $40 million in equity for the refinancing of a six-property, 1,494-unit, garden-style multihousing portfolio scattered across Maryland, Virginia and Alabama. JLL represented the borrower,...