Sale of New Jersey multihousing community closes
JLL Capital Markets announced that it has closed the sale of eaves Lawrenceville, a 632-unit, value-add, garden-style multihousing community near Princeton University in Lawrenceville, New Jersey.
JLL represented the seller, AvalonBay Communities, Inc.
Constructed in two...
JLL arranges $350 million capitalization for the construction of trophy residential tower in Long...
JLL’s Capital Markets group announced that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in...
Westridge Gardens refinanced with agency loan
JLL Capital Markets announced that it has arranged refinancing for Westridge Gardens, a 136-unit multihousing property in Phoenixville, Pennsylvania.
JLL worked on behalf of the borrower, an affiliate of Relative Properties, LLC, to secure the...
Griffith Pepdjonovic Group of Marcus & Millichap Facilitates $6.7 Million West Roxbury Sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use portfolio in the West Roxbury neighborhood of Boston, Massachusetts....
Newly developed luxury apartment community trades for $53 million
JLL Capital Markets announced that it has completed the $53 million sale of BELA, a newly developed, 104-unit, luxury apartment community located within a qualified opportunity zone in Jersey City’s rapidly expanding Bergen-Lafayette neighborhood.
JLL...
JLL arranges $97.5 million financing for Stamford mixed-use project
JLL announced that it has arranged $97.5 million in financing for the development of the second phase of Atlantic Station, a luxury mixed-use residential and retail property in downtown Stamford, Connecticut.
JLL worked exclusively on...
Multihousing property in Murray Hill sells for $8.7 million
JLL Capital Markets announced that it has completed the $8.7 million sale of 121 East 37th St., an 8,850-square-foot multihousing building in New York’s Murray Hill neighborhood.
JLL represented the seller. Kay-Medix acquired the newly...
JLL Capital Markets promotes Elizabeth DeVesty to production
JLL Capital Markets announced that Elizabeth DeVesty has been promoted to Director with New Jersey’s multihousing investment sales team.
DeVesty will work alongside Senior Manging Directors Jose Cruz, Michael Oliver and Steve Simonelli and will primarily...
JLL arranges $6 million loan for 80 Terrace Street in Boston
JLL Capital Markets announced today that it has arranged a $6 million construction loan for the development of 80 Terrace Street, a nine-unit, boutique, for-sale condominium building in the Mission Hill neighborhood of Boston.
JLL...
Institutional Property Advisors closes 186-unit apartment property sale in West Hartford Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westgate Apartments, a 186-unit multifamily property in West Hartford, Connecticut.
“West Hartford’s combination of small-town atmosphere and urban intensity makes it...
Construction is underway at Sycamore on Main in Brockton as MassHousing closes $4.7 million...
Construction is underway at Sycamore on Main in Brockton, as MassHousing has closed on $4.7 million in financing to an affiliate of NeighborWorks Housing Solutions. The MassHousing financing will allow NeighborWorks Housing Solutions to...
MassHousing closes approximately $19 million in financing for the second phase of the transformative...
MassHousing has closed on approximately $19 million in affordable and workforce housing financing to Trinity Financial, Inc., which is developing the 111-unit Phase Two of the Enterprise Center in Downtown Brockton for residents with...
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s Murray Hill neighborhood. The 9,124-square-foot residential building includes 11 apartments....
