CP Capital US appoints Kristi Nootens as Co-Head
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, announced the appointment of Kristi Nootens as Co-Head. In her new role, Nootens will jointly manage the day-to-day operations of CP Capital...
$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...
WinnCompanies acquires 76 affordable housing units in Passaic, New Jersey
WinnCompanies, an award-winning national developer and manager of apartment communities, announced it has acquired Chestnut Homes, a 76-unit affordable housing community within walking distance of downtown Passaic, New Jersey. Built in 1983, the townhouse-style community...
$26.3 million financing secured for New Jersey multihousing project
JLL Capital Markets announced that it has arranged $26.3 million in construction financing for The Somerset at Montgomery, a luxury, 115-unit multihousing development in Montgomery, New Jersey. JLL represented the borrower, Country Classics, to secure...
Excelsa Properties acquires $78 million multifamily community in Columbia, Maryland
Excelsa Properties has closed on the $78 million purchase of a 325-unit multifamily property located at 5764 Stevens Forest Road in Downtown Columbia, Maryland. The value-add property, Columbia Pointe, was jointly acquired by Excelsa...
CBRE arranges $42.6 million sale of 233-unit apartment community in Springfield, Mass. to Stockbridge...
CBRE announced that it has arranged the $42.6 million sale of Stockbridge Court, a 233-unit apartment community located at 35 Willow Street in Springfield, Massachusetts. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John...
$96.5M sale and financing of multihousing community in the Philadelphia area closes
JLL Capital Markets announced that it closed the $96.5 million sale and acquisition financing of Valleybrook at Chadds Ford, a 352-unit, value-add multihousing community in Chadds Ford, Delaware County, Pennsylvania. JLL marketed the property on...
Post Brothers sells luxury Philadelphia high-rise community Presidential City to KKR and MREG for...
JLL Capital Markets announced the closing of the sale of Presidential City, a 1,015-unit, luxury, high-rise community in Philadelphia, Pennsylvania. JLL represented the seller, Post Brothers, and helped broker the transaction with the buyers, KKR and...
CBRE arranges $31 million sale of 156-unit Grand Pointe Park in Poughkeepsie, New York
Representatives of CBRE, led by Jeff Dunne, Richard Gatto, Fahri Ozturk, Eric Apfel, Stuart MacKenzie, and Zach McHale, announced the $31 million sale of Grand Pointe Park, a 156-unit multifamily community in Poughkeepsie, New...
JLL arranges $387.5 million sale of New York City multihousing community
JLL’s Capital Markets group announced that it has closed the sale of a $387.5 million multihousing community comprised of 408 market-rate units and 9,693 square feet of commercial space located at 685 1st Ave. in...
$10 million financing secured for New Jersey mixed-use community
JLL Capital Markets announced that it has arranged $10 million in refinancing for The Grande at Norwood, a recently completed, 41,463-square-foot mixed-use community in affluent Norwood, New Jersey. JLL represented the borrower, Maxim Realty Trust,...
JLL arranges $140 million construction financing for latest mixed-use Gowanus development
JLL Capital Markets announced that it has arranged $142 million in construction financing for Majestic, a ground-up, Class A mixed-use development with 255 multihousing units and 18,000 square feet of commercial space, located at...
CBRE arranges $26.7 million sale of 120-unit garden style apartment community in Worcester, Mass....
CBRE announced that it has arranged the $26.7 million sale of ReNew Tatnuck Square, a 120-unit garden style apartment community located at 13 Brookside Avenue in Worcester, Mass. CBRE Capital Markets’ multihousing experts Simon Butler,...
JLL Capital Markets affordable housing production team welcomes Danté Thomas
JLL Capital Markets announced that it has welcomed Managing Director Danté Thomas to its affordable housing production team. Thomas is based in the Philadelphia office and reports to Senior Managing Director Angela Kelcher, who is leading the...
$200 million sale of Westchester County multihousing community closes
JLL Capital Markets announced that it has closed the $200 million sale of Halstead Station, a 24-story, 408-unit, luxury, high-rise multihousing community located at the Metro North train station in New Rochelle, Westchester County,...
