Saturday, April 27, 2024

News

Arboleda Apartments

RAAM Construction completes construction of a $29 million affordable senior housing development in La...

RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has completed the construction of an affordable senior housing development in La Puente, California for $29 million. The 71,499...
Twenty Twenty

PCCP, LLC provides $51 million loan to ColRich Multifamily for the acquisition of a...

PCCP, LLC announced it has provided a $51 million senior loan to ColRich Multifamily for the acquisition of Twenty Twenty, a seven-story, 162-unit mid-rise apartment property located at 2020 NE Multnomah Street in Portland,...
Hapimag Orlando Lake Berkley Resort

Avison Young closes $14.28 million sale of Hapimag Orlando Lake Berkley Resort in Kissimmee,...

Avison Young’s Capital Markets Group completed the $14.28 million sale of Hapimag Orlando Lake Berkley Resort, a boutique residential community comprised of 100 townhomes at 1010 Park Ridge Circle in Kissimmee, Florida, and two...
Kite House at The Parks at Walter Reed

$37.308 million financing arranged for new luxury condominiums in Washington, D.C.

JLL Capital Markets announced that it has arranged $37.308 million construction financing for the development of Kite House at The Parks at Walter Reed, a 109-unit condominium development with 11,000 rentable square feet of...

HUD announces cross-agency efforts to increase affordable housing supply

The Department of Housing and Urban Development (HUD) on Wednesday announced a series of actions it is taking as part of the Biden-Harris Administration’s plan to create, preserve, and sell nearly 100,000 additional affordable homes for homeowners and renters across the country over the...
Monty

Cushman & Wakefield arranges multifamily sale on behalf of Greystar Real Estate Partners &...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Monty, a 300-unit apartment community built in 2021, located in North Charleston, South Carolina. Tai Cohen, Jordan McCarley and...
Terri Ann Apartments

Colliers completes sale of Terri Ann Apartments for $6.3 million

Colliers is pleased to announce the sale of Terri Ann Apartments, a 25-unit multifamily building located at 1331 Terry Avenue in Seattle’s First Hill neighborhood. Tim McKay, Dan Chhan, Sam Wayne and Matt Kemper...
Vantage at Bulverde

Institutional Property Advisors closes multifamily asset in San Antonio

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at Bulverde, a 288-unit apartment complex outside of San Antonio, Texas. “Nestled in beautiful Bulverde, Texas, Vantage at Bulverde is...
Residences at the Sutton

PCCP, LLC provides $31 million bridge loan to The Pizzuti Companies for the refinance...

PCCP, LLC announced it has provided a $31 million bridge loan to The Pizzuti Companies for the refinance of The Residences at the Sutton, a Class A, 100-unit boutique multifamily asset located in the...
Solterra at Civic Center

$81 million sale of multihousing community in Los Angeles closes

JLL Capital Markets announced that it has closed the $81 million sale of Solterra at Civic Center, a 192-unit, garden-style, value-add multihousing community in Norwalk, California. JLL marketed the property on behalf of the owner,...
Parc at Princeton Junction

$92.15 million sale of luxury multihousing community in Princeton Junction, NJ closes

JLL Capital Markets announced that it has closed the $92.15 million sale of Parc at Princeton Junction, a 232-unit, Class A, transit-oriented multihousing community with ground-floor retail space in Princeton, New Jersey. JLL marketed the...
850 W. Margate Terrace

Kiser Group advises on $3.05 million sale of 29 condominium units in uptown Chicago

Kiser Group, Chicagoland’s leading multifamily brokerage firm, announced the sale of 29 condominium units in a 37-unit multifamily property in Chicago’s Uptown neighborhood. The bulk sale represents 75 percent ownership in the condominium association...
San Mateo Crossing

Berkadia arranges sale and financing of new Class AA luxury apartments in Orlando metro...

Berkadia Institutional Solutions, powered by Moran, announces it has arranged the sale of San Mateo Crossing, a 352-unit, Class AA luxury, garden-style apartment community located in Kissimmee (Orlando MSA), Florida. Managing Directors Brett Moss...
Skandia Country Club

Marcus & Millichap brokers $58 million manufactured housing sale in Huntington Beach

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Skandia Mobile Country Club, a 167-unit mobile home complex in Huntington...
Village on Main Apartments

New luxury multihousing community in Tacoma purchased by MG Properties Group for $85.5 million

JLL Capital Markets announced that it has closed the $85.5 million sale of Village on Main Apartments, comprised of 200 luxury multihousing units in the Point Ruston master-planned community in Tacoma, Washington. The property...
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