Wednesday, December 25, 2024

News

PW Shoe Loft

Berkadia Negotiates Sale of Premier Mixed-Use Multifamily Property PW Shoe Loft Apartments in St....

Berkadia announced the successful sale of PW Shoe Loft Apartments, a boutique, mixed-use multifamily property situated in the heart of Midtown St. Louis, near the campus of St. Louis University. Managing Directors Andrea Kendrick and...
Morgan Park

Parkland Residential Breaks Ground on BTR Townhome Community Morgan Park South of Atlanta

Parkland Residential announces it has broken ground at Morgan Park, a community of 124 build-to-rent (BTR) townhomes located between E. Laier Avenue and Booker Avenue in the City of Fayetteville, Georgia. Land development is...
CPC

The Community Preservation Corporation (CPC) Raises $200M Through Private Sustainability Bond Sale

The Community Preservation Corporation (CPC), a mission-driven nonprofit multifamily housing finance company, announced that it raised $200 million through a private offering of Sustainability Bonds. CPC’s issuance was led by Goldman Sachs & Co....
Paul Sween

Dominium’s Paul Sween to be Inducted into the Affordable Housing Finance Hall of Fame

Dominium, a leading affordable housing owner, developer and manager is proud to announce that Senior Managing Partner Paul Sween is being inducted into the Affordable Housing Finance Hall of Fame. Sween’s induction highlights his unwavering...
CJ Angle, Chelsea Jervis, Ryan Fitzpatrick

Berkadia Adds Three Investment Sales Advisors in Irvine: CJ Angle, Chelsea Jervis, and Ryan...

Berkadia, a leader in the commercial real estate industry, announced the addition of Senior Managing Director Ryan Fitzpatrick and Managing Directors Chelsea Jervis and CJ Angle to its investment sales platform in Irvine, California. Fitzpatrick,...
The Ridge Clemson

Landmark Properties Acquires The Ridge Clemson Student Housing Community Near Clemson University

Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, has acquired The Ridge Clemson, a 616-bed, 184-unit student housing community at 205...
Canyon del Rio Village

BWE Arranges $43.2M HUD 221(d) 4 New Construction Loan for Market Rate Multifamily Property...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $43,237,400 HUD 221(d)(4) loan to finance the development of Canyon del Rio Village, a 170-unit, Class A market-rate apartment...
National Multifamily Portfolio

BWE Secures $260M for National Multifamily Portfolio

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $260,000,000 loan to refinance a national multifamily portfolio of six multifamily properties consisting of over 1,500 units in Austin,...
Marana

Marana’s Newest Luxury Multifamily Community Hosts Grand Opening Near Tucson

Amavida Marana, the newest luxury community in Marana, Arizona, is hosting a grand opening event and charity pickleball tournament on November 15 from 2 p.m. to 6 p.m. Amavida Marana, owned by Ascent Companies &...
Hillview Apartments

Marcus & Millichap Brokers Sale of 72-Unit Hillview Apartments in Kentucky for $3.8M

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hillview Apartments, a 72-unit apartment property located in Glasgow, Kentucky. Zack Hubiak,...
multifamily mortgage originations

Multifamily mortgage originations rise and return to seasonal pattern

A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were up 56 percent year-over-year in Q3. Originations of all commercial mortgages as a single asset class rose 59 percent year-over-year. Commercial...
Mayhill Crossing

Provident Multifamily with Willow Bridge Property Company Announces New Rental Community Mayhill Crossing is...

Mayhill Crossing, a brand new rental community located in Denton, Texas, is now open. Developed by Provident Multifamily, a division of Dallas-based Provident and professionally managed by Willow Bridge Property Company, Mayhill Crossing is a...
Stevens Pond

CBRE Arranges Sale of 326-Unit Apartment Community The Residences at Stevens Pond in Saugus...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of The Residences at Stevens Pond, a 326-unit apartment community located in Saugus, Massachusetts. CBRE exclusively represented...
Exchange at St Augustine

JLL Arranges Sale of Exchange at St. Augustine Near Jacksonville Florida

JLL Capital Markets announced that it has secured the successful trade of Exchange at St. Augustine, a 312-unit, garden-style multifamily community located in Saint Augustine, Florida. JLL worked on behalf of the seller. Exchange at...
The Riley

Cushman & Wakefield Arranges Sale of Multifamily Community The Riley Near Fort Worth

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Riley, a vibrant 178-unit multifamily community located in Burleson, Texas near Fort Worth. Grant Raymond and Asher Hall...
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