Garden Communities Announces The Jefferson in Hackensack is Approaching Lease-Up
The third and final phase of The Jefferson in Uptown Hackensack has achieved full lease-up, according to developer Garden Communities.
One of the largest new-construction offerings in its revitalized city, the community includes 377 luxury...
Capital Square Fully Subscribes DST Offering of Build-for-Rent Community Summit Townhomes in Knoxville Tennessee
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 its offering, CS1031 Summit Place BFR Housing, DST, has been...
GREA Dallas Closes the Sale of 248-unit Multifamily Portfolio Aspire and Lana Apartments in...
GREA, specializing in serving private to institutional multifamily real estate investors, announces the sale of Aspire and Lana Apartments, a 248-unit apartment community portfolio located in Denton, Texas.
Aspire and Lana Apartments are strategically located...
Alliance Residential Company Opens The Clara by Broadstone Near Atlanta
Alliance Residential Company, one of the largest multifamily developers in the nation, has opened The Clara by Broadstone, a 280-unit apartment community in Norcross, Georgia.
Located at 5420 Buford Highway, The Clara is centrally located...
Interra Realty Brokers $6.6M Sale of 33-Unit Mixed-Use Property on Harper Avenue in Chicago’s...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the off-market sale of a 33-unit mixed-use property at 5704 S. Harper Avenue in the city’s Hyde Park neighborhood for $6.6...
JLL Led the Financing and Equity Efforts for West End II on Behalf of...
JLL Capital Markets announced the firm arranged $33.6 million of joint venture equity and $51.4 million of construction financing for West End II, a multifamily development located in the highly sought-after West End neighborhood...
NMHC: Apartment market conditions loosen in Q2
Apartment market conditions came in mixed in the National Multifamily Housing Council’s (NMHC’s) Quarterly Survey of Apartment Market Conditions for July 2024. While the Debt Financing (63) and Sales Volume (57) indexes indicated more...
Institutional Property Advisors Brokers Luxury Mid-Rise Multifamily Asset Sale of Glen 91 in Glendale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold for $76.5 million, or $258,446 per unit.
“The West Valley’s municipalities,...
Toll Brothers Apartment Living and Sundance Bay Announce the Grand Opening of Luxury High-Rise...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, and joint venture partner Sundance Bay announced the grand opening of Broad + Noble,...
Excelsa Properties Acquires 477-unit Multifamily Community The Drake at St Pete in St Petersburg...
Excelsa Properties announced that it has acquired The Drake at St Pete, a 477-unit multifamily property located at 1699 68th Street North, St Petersburg, Florida. The acquisition represents the sixth multifamily property acquisition of...
Gelt Venture Partners Acquires 148-Unit Multifamily Property Rancho Hills Apartments for $53.5M in Vista...
Gelt Venture Partners, LLC (GVP) is pleased to announce it has acquired Rancho Hills Apartments for $53.5 million. The 148-unit apartment property is located at 856 Heatherwood Lane in Vista, California (north San Diego...
Increasing apartment supply is slowing new lease-up velocity
Increasing apartment supply is slowing new lease-up velocity, said Madera Residential head of investment strategy and research Jay Parsons. Leasing velocity for newly built apartments is at its slowest pace in recent...
MMCC Arranges $3.4M Acquisition Financing for Multifamily Property on F Street in Santa Barbara...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $3,412,500 for the acquisition of a 30-unit multifamily property located at 701-717 N. F Street in Lompoc, California.
Ron Balys,...
Gantry Secures $40M Permanent Loan to Refinance Seattle Class A Multifamily Community Mercer Apartments
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40 million permanent loan to refinance The Mercer Apartments, a Puget Sound community positioned between Seattle and Bellevue, Washington.
The mixed-use...
Habitat Opens OC Living, First Residential Building at Ogden Commons Mixed-Use, Mixed-Income Development in...
Chicago-based Habitat, a leading U.S. multifamily developer and property manager, announced the first wave of residents have moved into OC Living, a new mixed-income property in Chicago’s North Lawndale neighborhood.
The four-story rental building offers...
