BWE Arranges the Refinancing of Two Multifamily Communities Along the Southern Atlantic Coast for...
BWE has secured two loans totaling $70.9 million to refinance Accent Southrail, a 304-unit, mid-rise multifamily development in Charlotte, North Carolina and Sedgefield Apartments, a 280-unit multifamily development in Marietta, Georgia.
BWE’s Atlanta office secured...
CBRE Acquires Trophy Multifamily Asset Utama Royale Apartments in Beverly Hills for $28M
CBRE and Carolwood Estates recently brokered the sale of Utama Royale, a luxury, 18-unit multifamily building located at 10351 Wilshire Boulevard between Beverly Hills and Westwood in Los Angeles.
The property was acquired for $28...
Wood Partners Brings More Living Options to Orlando with V by Alta
Wood Partners, a leading national multifamily developer, has started construction on V by Alta (pronounced "Five" by Alta), a luxury apartment community located at 10149 Arise Loop in Orlando. V by Alta will be...
Construction material prices flat in May despite jump in copper wire prices
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction material prices were unchanged month-over-month in May on a seasonally adjusted basis. However, the change in construction material...
JLL Arranges Financing for the 60-unit Benjamin Square Multifamily Community in Eaton Colorado
JLL Capital Markets announced that it has arranged $5.8 million in financing for Benjamin Square, a 60-unit affordable housing community in Eaton, Colorado.
JLL represented the borrower, Brikwell, to secure the fixed-rate senior loan through...
Toll Brothers Apartment Living and PGIM Announce Grand Opening of the New Luxury Apartment...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc., the nation's leading builder of luxury homes, along with joint venture partner PGIM, announced the grand opening of The Laurent, a new seven-story,...
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...
