Monday, May 5, 2025

News

South Pointe at Wayside

Cushman & Wakefield and Greystone Close Sale and Financing of South Pointe at Wayside

The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for South Pointe at Wayside, a 192-unit multifamily community located in Raeford, North...
The Parker

Kauhale Health Acquires The Parker, an Upstate South Carolina AL/MC Community

Kauhale Health has acquired assisted living and memory care community The Parker located in Greenville, South Carolina. This marks Kauhale's second acquisition and a further step in the execution of a deliberate senior living...
The Enolia

MCB Real Estate Closes The Enolia, a 473-bed Morgan State University Student Housing Complex...

MCB Real Estate has completed vertical construction and named “The Enolia,” a 151-unit, 473-bed off-campus housing project near Morgan State University in Baltimore. With support from the Hamilton-Lauraville Main Street and Morgan State University, MCB...
New School

New School Student Housing Building in Chelsea Sells for $30M

Hawkins Way Capital has purchased a 122-unit student housing building at 300 West 20th Street in New York City from The New School for $30 million. The transaction was arranged by CBRE’s Doug Middleton and...
Caliber

Caliber Announces Hotel Conversion Project to Apartments, Townhomes, and SFR in South Phoenix

Caliber finalized funding for the first phase of the Company’s SP10 project in the Ahwatukee Foothills neighborhood in South Phoenix. The SP10 project will begin with the conversion of an existing 160-room hotel to 104...
Safehold

Safehold Closes Four Ground Leases for Affordable Multifamily Assets in the Bay Area California

Safehold Inc., the creator and leader of the modern ground lease industry, has closed on ground leases to facilitate the ground-up development of four affordable housing communities in Northern California. The low-income tax credit developments...
One19 Cherry Creek

Epp & Sons Acquires One19 Cherry Creek Apartments in Denver for $23M

Broadmark Realty Capital, a subsidiary of Ready Capital, sold One19 Cherry Creek at 119 S. Harrison Street to Epp Properties. One19 Cherry Creek is a 47,300-square-foot, three-story apartment building. The property was originally built as...
The Standard at Franz

Hamilton Point Investments ‘Goes Big’ in Texas with $450M of Multifamily Acquisitions

Hamilton Point Investments (“HPI”), a real estate private equity firm, announced that it has acquired a four-property Houston apartment portfolio totaling 1,174 apartment units, which were built in 2022. The properties were purchased from...
Terrassa

Thompson Thrift to Develop Luxury 324-Unit Multifamily Community Terrassa Near Jacksonville

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced the development of Terrassa, a 324-unit Class A multifamily community located in the growing market of...
NYC apartments lead in rent growth

Rent growth slows in June

Yardi Matrix reported that national average apartment asking rent was up $4 in June compared to the revised level of the month before at $1,739 per month. The national average year-over-year apartment asking rent...
36 Saint Marks Place

Marcus & Millichap Brokers $29M Mixed-Use Portfolio Sale on Second Avenue and Saint Marks...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 127-129 Second Avenue and 36 Saint Marks Place, three mixed-use assets...
Greenwood

Interra Realty Brokers Pair of Multifamily Transactions Totaling $5.1M in Chicago’s Hyde Park and...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two separate multifamily properties in Chicago: an eight-unit apartment building at 5130 S. Greenwood Avenue in Chicago’s Hyde...
FIAT House

FIAT House, the First FIAT-Branded Residential Building in the World, Opens Leasing in Fort...

UNLMTD Real Estate, in partnership with FIAT, announced the launch of leasing at FIAT House, an extraordinary residential concept shaping the future of urban living. The pioneering development -- the first FIAT-branded residential building in...
Eastglen Apartments

JLL Closes Financing for the 102-unit Multifamily Property Eastglen Apartments in Longmont Colorado

JLL Capital Markets announced that it secured $11.96 million in acquisition financing for Eastglen Apartments, a 102-unit multifamily property in Longmont, Colorado. JLL worked on behalf of the borrower, a joint venture between Two Arrows Group...
The Dylan

PCCP, LLC Provides $45M Senior Loan for the Refinance of the 232-Unit Multifamily Asset...

PCCP, LLC announced it has provided a $45 million senior loan to the joint venture between Alamo Manhattan and MetLife Investment Management (MIM) for the refinance of The Dylan, a 232-unit multifamily asset with...
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