Marcus & Millichap Announces $6.3M Sale of Mixed-Use Property on 2nd Avenue in Manhattan
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 property located on 2nd Avenue in Manhattan. The asset...
Priority Capital Advisory Arranges $21.6M Bridge Loan for Recapitalization of Kanvas Apartments in Los...
Priority Capital Advisory (PCA), a premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, arranged $21.6 million in financing on behalf of EGC Real Estate Group to...
Northmarq Secures $88M Refinance of 336-unit Avery Dania East Luxury Apartments in Dania Beach...
Northmarq’s West Palm BeachDebt + Equity team of David Gahagan, Chris Hammeland Chandler Kaye secured the $88 million refinance of Avery Dania East apartments in Dania Beach, Florida.
Northmarq arranged financing on behalf of a...
Interra Realty Brokers $3.15M Sale of 3-Building Multifamily Portfolio on Mayfield and Mansfield Avenues...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a three-building, 24-unit multifamily rental portfolio on Mayfield and Mansfield Avenues in Oak Lawn, Illinois for $3.15 million.
Equating...
Yardi Matrix reports on a bifurcated economy
Yardi Matrix recently released their mid-year update on the state of the multifamily housing market. It discusses the state of the economy, the impact of anticipated new supply on rents and the impact of...
JLL Arranged Freddie Mac Financing for Fort Worth Multifamily Community Monticello Apartments
JLL Capital Markets announced that it arranged acquisition financing for Monticello Apartments, a newly renovated, 1970-vintage, 116-unit, multifamily community in Fort Worth, Texas.
JLL worked on behalf of the borrower, Price Realty, to secure the...
The Brook Celebrates Topping Out at 601 Feet Above Downtown Brooklyn
Witkoff and Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI), a publicly traded mortgage REIT managed by an affiliate of Apollo Global Management, announced that The Brook, the luxury rental property at 589 Fulton Street,...
Knighthead Funding Originates $22M Bridge Loan to Refinance Newly Built Multifamily Community The Luna...
Knighthead Funding LLC (“Knighthead”) has provided a joint venture led by local development firm CA South with $22 million in first mortgage loans to refinance The Luna, a recently completed 108-unit multifamily community in...
Housing Trust Group Breaks Ground on $24.5M Senior Housing Community The Fountains at Hidden...
Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has secured financing and commenced construction on The Fountains at Hidden Lake, a $24.5 million affordable housing community with 81 units...
Tower Capital Arranges $23M for Phoenix Multifamily Community North Mountain Foothills Refinancing
Tower Capital arranged $23,075,000 in permanent financing for the refinance of North Mountain Foothills, a 194-unit multifamily community in Phoenix.
North Mountain Foothills, located at 1943 W. Aster Drive, was a broken condominium project when...
Marcus & Millichap Facilitates $18.5M Sale of 196-Unit Multifamily Property Staten Crossing Apartments in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Staten Crossing Apartments, a 196-unit property in Valdosta, Georgia. The asset...
CRG Announces Disposition of The Standard at Columbia Student Housing Development in South Carolina...
CRG, the national real estate development and investment firm, along with partner Landmark Properties, the nation’s largest student housing developer, announced they have completed the sale of The Standard at Columbia, a new 17-story,...
Fed foresees only one rate cut in 2024
Federal Open Market Committee (FOMC) met this week and decided to keep interest rates unchanged. The Fed forecast that interest rates will end 2024 higher than they predicted in recent forecasts and will decline more...
JLL Facilitates Financing for Student Housing K14 Campus Flats Near the University of Oregon
JLL has arranged financing for K14 Campus Flats, a student housing property across the street from the University of Oregon in Eugene, Oregon.
Working on behalf of the borrower, Waterway Family Funds, JLL placed the...
Neighborhood Ventures Developer Converting the Former American Inn Hotel in Mesa to Apartments
Neighborhood Ventures, a real estate investment company utilizing crowdfunding to enable both accredited and non-accredited investors to invest in multifamily properties, is transforming a long-neglected Mesa motel, American Inn, into a multifamily housing community.
The...
