Permanent financing secured for San Diego Class A apartments
JLL Capital Markets announced that it has arranged $33 million in permanent financing for the Cielo Apartments, a 70-unit, Class A, mid-rise multihousing property located in the Little Italy neighborhood of San Diego, California.
JLL...
Construction materials prices edge higher in November
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were up 0.2 percent month-over-month in November on a seasonally adjusted basis. However, last month’s price...
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...
Knighthead Funding provides $24.1 million loan for refinance of multifamily asset in Memphis, Tenn....
Knighthead Funding, LLC (Knighthead) has provided a $24.1 million loan to a joint venture between affiliates of Passco Companies, LLC and Avenida Partners to refinance a newly constructed, Class A 55+ luxury multifamily development...
JLL Advises PFW on a Public-Private Partnership Agreement for a State-of-the-Art Student Housing Development
JLL announced that it has successfully advised Purdue University Fort Wayne (PFW) and the Purdue Fort Wayne Foundation on the feasibility and strategy for finding a private-sector partner to develop a new 600-bed student...
Marcus & Millichap arranges the sale of a 111-unit apartment building
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Forest City Properties, a 111-unit apartment portfolio located in Loves Park...
RPH Multifamily Group arranges the sale of a Class-A mixed-use community in downtown Fort...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Franklin Arms, a 27-unit mixed-use property located in Fort Myers, Fla,...
Champion Real Estate Company sells student housing community near University of Southern California for...
Champion Real Estate Company (Champion), announced that it has sold Victory on Ellendale, a 24-unit, 96-bed student housing community in Los Angeles to an undisclosed buyer for $20.5 million. Champion acquired the property in...
$116M Multifamily Asset Sale of La Vista Apartments in Central California Coast Region Brokered...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of La Vista Apartments, a 460-unit multifamily asset in Santa Maria, California.
“The fastest-growing city in Santa Barbara County, Santa Maria is...
Stepp Commercial completes $6.3 million sale of Washington Place, a 15-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of Washington Place, a 15-unit apartment property located at 401 Washington Avenue in Santa Monica, California.
Principal...
DB Capital acquires second multifamily property in Denver Metro in a month, expanding its...
DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community is Aurora, Colorado, for...
Levin Johnston directs two multifamily transactions totaling $23.4 million in California’s high-demand east bay...
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 multifamily communities...
128-unit apartment complex in Phoenix, Arizona sells for $8,725,000
Puesta Del Sol, a 128-unit apartment complex located at 8818 S. Central Avenue in Phoenix, Arizona, has sold for $8,725,000. The buyer was Urban Communities, a real estate development and redevelopment company that focuses...
PCCP, LLC joint venture acquires two adjacent multifamily properties totaling 1,180 units in Atlanta...
A joint venture of PCCP, LLC, CARROLL and LCOR Incorporated has acquired The Cascade at Morgan Falls and The Fountains at Morgan Falls, adjacent apartment communities located at 8085 Adair Lane and 8075 Adair...
Concord Capital Partners acquire historic West Hollywood property for $17.275 million
Concord Capital Partners has acquired Casa Real, a 60-unit multifamily property located in the historic Harper District of West Hollywood for $17.275 million.
The four-story, 43,000-square-foot multifamily property is located at 1354 N. Harper Avenue,...
