Gelt Venture Partners Acquires 125-Unit Apartment Property for $63.15 Million in Placentia, California
Gelt Venture Partners, LLC is pleased to announce it has acquired Union Place for $63.15 million. The 125-unit apartment property is located at 1500 Cherry Street in Placentia, CA (north Orange County).
Built in 2012,...
Where the jobs are going
The Bureau of Labor Statistics recently released its County Employment and Wages report for Q1 2023 which identifies the number of jobs and the level of wages by Metropolitan Statistical Area (MSA). The data...
Institutional Property Advisors Brokers Tampa Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Captiva Club, a 361-unit, garden-style multifamily property in Tampa, Florida.
“The inflow of capital into Florida continues to be very strong,”...
Berkadia Arranges $14.3M Sale of Approved Development Site in Downtown Coral Gables, Florida
Berkadia announces it has arranged the sale of 1715 Douglas, an 0.87-acre development site in the heart of Downtown Coral Gables, within walking distance to Miracle Mile, six million square feet of office space...
Robust Business Throughout the U.S. Reflected in Standard Communities’ Office Expansion and Staff Growth
Standard Communities, a leading national affordable housing developer and investor, has expanded its principal offices and added staff reflecting robust business.
Standard is one of the 20 largest owners of affordable housing in the...
Institutional Property Advisors Brokers Tucson Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Juniper Canyon, a 140-unit multifamily asset in Tucson, Arizona.
“Renter demand for Juniper Canyon has led to strong operational momentum, evidenced...
Ariel Property Advisors Marketing Prime 57,880 BSF Development Site on the Upper East Side
Ariel Property Advisors has been named the exclusive agent to sell a prime Upper East Side corner development site at 1382-1386 2nd Avenue that will allow the construction of a 57,880 BSF mixed-use/residential building....
CAF Capital Partners Announces The Addition of Jason Geer as Senior Vice President of...
CAF Capital Partners, a Dallas-based private equity real estate firm is pleased to announce the addition of Jason Geer as Senior Vice President of Acquisitions. Prior to joining CAF Capital Partners, Geer spent more...
The Bainbridge Companies Promotes Julie Shannon to Senior Vice President of Human Resources
The Bainbridge Companies, a fully-integrated family of real estate companies who engage in virtually every step of the real estate process, from development and construction, acquisition and disposition, to asset management and third-party property...
Dominium Promotes Mark Lambing to Project Partner and Vice President of Development
Dominium, a leading affordable housing owner, developer and manager announced today that it has promoted Mark Lambing to Project Partner and Vice President of Development.
Lambing began his Dominium career in 2017 as a Development...
Mesa West Capital Provides The Dinerstein Companies Affiliate with $59 Million Loan for Raleigh,...
Mesa West Capital has provided an affiliate of Houston-based The Dinerstein Companies with $59 million in first mortgage debt for its acquisition of Manor Six Forks, a 298-unit multifamily community in Raleigh, NC, which is...
IPA finds deep local drops in multifamily construction starts
While the Census Bureau reports on multifamily construction starts at the national level, they do not supply data at the state or metro levels. A new report from Institutional Property Advisors (IPA) supplies more...
$21.8m Financing Secured for South Carolina Apartment Community
JLL Capital Markets announced today that it has arranged the $21.8 million bridge financing for Granby Oaks Apartments, a 148-unit, garden-style apartment community located in West Columbia, South Carolina.
JLL represented the sponsor, PAM Associates...
MassHousing Provides $14.5 Million for the 76-Unit Farnsworth House for Low-Income Seniors in Boston
MassHousing, working with Rogerson Communities, has closed on $14.5 million in affordable housing financing to Charles H. Farnsworth Senior Housing Corporation, owner and developer of the 76-unit Farnsworth House for older adults in Boston,...
Partner Valuation Advisors Adds Leader for The West Region
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continues its strategic expansion by adding Phillip Hanshew, MAI, as Managing Director in San Francisco. Mr. Hanshew will lead Partner’s market growth efforts...
