Tuesday, April 23, 2024

News

Laura Street Trio

Red Oak Capital Holdings Provides $6.3M to Refinance Jacksonville Adaptive Reuse of Laura Street...

Red Oak Capital Holdings, LLC has provided $6.3 million to refinance Laura Street Trio, a collection of assets in the core of Downtown Jacksonville, Florida. The structures, considered to be among the most significant and...
Rêve at Avondale Station

Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced

Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway. The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
Villas at Henderson Pass

DB Capital acquires 228-unit apartment community in San Antonio

Multifamily investment firm DB Capital Management (DB Capital) has partnered with Sabal Financial Group to acquire Villas of Henderson Pass, a 228-unit multifamily community in San Antonio, Texas. The property, which was 98 percent...
Eagle Pointe Apartments

Gantry Secures $40.5M Permanent Financing for Eagle Pointe Apartments in Albany Oregon

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40.5 million permanent loan to retire construction financing for the recently completed and now stabilized class-A apartment project Eagle Pointe...
Trailhead at Chisholm Trail Ranch

Willow Bridge Announces Trailhead at Chisholm Trail Ranch Apartments Now Pre-Leasing in South Fort...

Trailhead at Chisholm Trail Ranch, a 284-unit apartment community in South Fort Worth, is now pre-leasing. Developed by Aberg Property Company and Titan Development, Trailhead at Chisholm Trail Ranch is nestled within the 600-acre...
Gardens Vista Apartments

Vista Residential Partners Receives City of Palm Beach Gardens Approval for New Luxury 221-unit...

Vista Residential Partners, a national multifamily development firm headquartered in Atlanta, Georgia received City of Palm Beach Gardens, Florida, approval for luxury 221-unit multifamily development, to be known as Gardens Vista Apartments. Located at the...
Homestead at Boulder City

The Bascom Group Picks Up 72-Unit Senior Housing Property Homestead at Boulder City in...

The Bascom Group LLC has acquired Homestead at Boulder City, a 72-unit, senior housing property in Boulder City, Nevada, for $3.05 million or $42.4k per unit. Homestead at Boulder City sits on 6.39 acres, has...
multifamily property prices decline again

Multifamily property price slide continues

CoStar reported that its value-weighted index of multifamily property prices fell 1.4 percent month-over-month in February 2024, the sixth decline in a row and the 17th decline in the last 19 months. This index...
Oradell Apartments

SAGE Announces Sale of 24-Unit Garden-Style Apartment Complex Oradell Apartments in New Jersey

SAGE Investment Real Estate Advisors has announced the sale of a 24-unit garden-style Oradell Apartments in Oradell, New Jersey for an undisclosed price. The firm’s partners and co-founders Greg Pine and Steve Tragash managed the...
The Evergrove

Leon Capital Announces Pre-Leasing for The Evergrove Apartments in North Austin

Leon Multifamily is thrilled to announce pre-leasing for its newest highly anticipated luxury residential community The Evergrove exquisite apartment homes, located just north of Austin in Leander, Texas will begin this spring. "We are excited...
140th Street

Marcus & Millichap Facilitates $12.6M Sale of Four Multifamily New York Properties on 140th...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 109,157-square-foot portfolio of four buildings located on 140th Street in...
Andrew Jennison

Andrew Jennison and Daniel Pickart Join Newmark

Andrew Jennison and Daniel Pickart have joined Newmark as Vice Chairman and Senior Managing Director, respectively. Based in the Century City office, the team will contribute to the growth of Newmark's Private Capital Market...
Courtyard

Emerald Heights Welcomes First Residents to New Assisted Living Courtyard Building Near Bellevue Washington

Emerald Heights, a senior living community in Redmond, Washington, officially opened the doors to their newest addition, Courtyard, and started welcoming their first residents. The three-level Courtyard building offers six apartment designs including one-bedroom, one-bedroom...
Tuscany at Gabriella Pointe

Frankel Family Trust Announces 760-Unit Luxury Apartment Community Tuscany at Gabriella Pointe Breaks Ground...

The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...
Mosaic Apartments

Rise48 Equity Celebrates Milestone 50th Multifamily Acquisition with Mosaic Apartments in the Dallas MSA

Rise48 Equity, a leading multifamily investment group, announced the acquisition of Mosaic Apartments in the DFW area of Texas. Rise48 Equity has plans to revitalize Mosaic Apartments, soon to be rebranded Rise Fossil Creek, with...
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