Monday, January 20, 2025

News

Levin Johnston

Levin Johnston Purchases 2nd Bay Area Office in San Carlos; Increases Deals Closed YOY...

Levin Johnston of Marcus & Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces it has acquired a second Bay Area in...
Silver King

JLL Arranges Loan for Converted Hotel Workforce Housing Property Silver King Near Aspen

JLL Capital Markets announced that it has secured the $5 million financing for Silver King Leadville, a 56-unit workforce housing community in Leadville, Colorado. JLL represented the borrower, Cloudland Capital and Blue Hour Housing, in...
SK Apartments

Marcus & Millichap Closes $16.5M Sale of Multifamily Asset SK Apartments in North Miami

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of SK Apartments, an 83-unit two-story apartment community in North Miami for...
Bay Area Multifamily Portfolio

Gantry Secures Loans Totaling $27.8M for Bay Area Multifamily Portfolio Acquisition

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $27.8 million in financing to acquire a Bay Area Multifamily Portfolio of eight Oakland properties. Gantry’s Jeff Wilcox, Principal, and Erinn Cooke,...
Solana at Duarte Station

MBK Rental Living Announces Pre-Leasing at 292-Unit Luxury Apartment Community Solana at Duarte Station...

MBK Rental Living, a leading innovator in private real estate development, has announced the commencement of pre-leasing at Solana at Duarte Station. Located in Duarte, California adjacent to the prestigious City of Hope Medical Campus...
49th Street

S3 Capital Originates $79M Construction Loan for 250 W 49th Street in New York

S3 Capital is proud to announce the origination of a $79 million construction loan for the acquisition and development of a premier 28-story, mixed-use rental building at 250 W 49th Street, located at the...

Construction materials prices move modestly higher

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.2 percent month-over-month in December on a seasonally adjusted basis. The index of components and...
Central Park Apartments

Marcus & Millichap Arranges $4.5M Sale of 48-Unit Central Park Apartments in Wisconsin

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Central Park Apartments, a 48-unit multifamily property located in Racine, Wisconsin. Eric...
Keith Manson

Cushman & Wakefield Adds Premier Team led by Keith Manson to Lead Northern California...

Cushman & Wakefield announced the firm has hired a powerhouse multifamily brokerage team to boost its national and regional investor client services and coverage capabilities in the critical multifamily sector in Northern California. Offering...
Griffin Hoover

Griffin Hoover Joins Capital Square as Regional Vice President of their Southwest Territory

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced that Griffin Hoover has joined the firm as regional vice president,...
Marion Jones

Avison Young Bolsters U.S. Capital Markets Platform with Addition of Executive Managing Director Marion...

Avison Young, a global real estate advisory firm, has appointed Marion Jones as Principal and Executive Managing Director of U.S. Capital Markets. She will the lead the firm’s capital markets strategy, driving growth and...
The Glenn

BWE Secures $42.3M in Permanent Financing for Multifamily Development in Auburn Alabama

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $42,315,000 loan to provide permanent financing for The Glenn, a 270-unit garden-style apartment complex in Auburn, Alabama. Paul Harbor, senior...
Northbend

McShane Completes Construction of Northbend in Tempe Arizona

Construction is completed at Northbend, a 310-unit community featuring three garden-style apartment buildings in Tempe, Arizona. McShane Construction Company built the development on behalf of repeat clients Banyan Residential and Milhaus. “We are proud to...
Nexmetro Communities

JLL Arranged Capital for Build-to-Rent Nexmetro Communities Across Arizona and Colorado

JLL Capital Markets announced that it has secured capital for Nexmetro Communities for a Build-to-Rent Portfolio across Phoenix, Arizona and Denver, Colorado. JLL represented the sponsor, NexMetro Communities on recapitalizing the portfolio which was valued...
Retreat at Mesa Hills

JLL Facilitates the Multifamily Sale of Retreat at Mesa Hills in El Paso

JLL Capital Markets announced that it has arranged the sale of Retreat at Mesa Hills, a 752-unit multifamily community in El Paso, Texas. JLL worked on behalf of the seller, JRK Property Holdings. JLL Capital...
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