Trez Capital hires Ilir “Eli” Necaj as Vice President for New York Office
Trez Capital is pleased to announce that Ilir “Eli” Necaj has joined the company as vice president of origination and capital markets as part of the newly formed Real Estate Bridge Financing team. Necaj,...
Sale of new multihousing community in Arlington closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Alexan Earl, a 333-unit, trophy-quality, multihousing community in the suburban Washington, D.C. community of Arlington, Virginia.
JLL marketed the...
New multihousing community development near Denver capitalized
JLL Capital Markets announced that it has arranged $43 million in structured construction financing for the development of Winslow Crane Apartments, a 203-unit, Class A, garden-style multihousing community in the Denver-area community of Englewood,...
Sunrise Management adds to leadership team
Sunrise Management, which has specialized in managing multifamily properties since 1978, has announced the addition of Hector Rodela as the new regional vice president in its San Diego headquarters. Rodela takes charge of overseeing...
New NMHC survey shows property owners remain focused on supporting renters
A new National Multifamily Housing Council (NMHC) survey of apartment owners and managers shows that 100 percent of multifamily firms surveyed worked with residents facing financial hardships since the onset of the COVID-19 crisis....
Institutional Property Advisors closes Northwest San Antonio multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Infinity at the Rim, a 310-unit, luxury mid-rise multifamily property in San Antonio, Texas.
“Infinity at The Rim is an asset...
NAA seeks monetary damages from unlawful eviction moratorium
The National Apartment Association (NAA) filed a lawsuit in the U.S. Court of Federal Claims to recover damages on behalf of rental housing providers who have suffered severe economic losses under the U.S. Centers...
Levin Johnston directs acquisitions of two Bay Area properties totaling $30.8 million on behalf...
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has announced the successful completion of two multifamily acquisitions...
American Landmark Apartments acquires 325-unit Class A community in Dallas-Fort Worth
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Elan River District, a 325-unit multifamily community located in Fort Worth, Texas. The property will receive $744,000 in...
Scenic, amenitized senior living property sold in Clearwater
JLL Capital Markets announced that it closed the sale of The Preserve at Clearwater, an assisted living and memory care property located in Clearwater, Florida.
JLL represented the seller, a joint venture between Solera Senior...
RCA: Multifamily property prices up
A report from Real Capital Analytics (RCA) said that multifamily property prices rose 12 percent in the year to June, topping the rates of price growth for the other commercial property types they track....
ABI Multifamily brokers East Phoenix 155-unit multifamily apartment community for $34.275 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $34,275,000 / $221,129 Per Unit / $354.10 Per SF sale of Tides on 50th Apartments,...
Haven Realty Capital adds 260 homes to BTR portfolio with acquisitions in Atlanta and...
Haven Realty Capital has added three new dedicated rental communities to its institutional single-family rental (SFR) and build-to-rent (BTR) portfolio with the acquisition of housing developments currently under construction in Atlanta and Charlotte. The...
New multihousing community near Madison sells
JLL Capital Markets announced that it has closed the sale of and arranged $28.275 million in acquisition financing for 1 Glenn Place, a 191-unit, multihousing community in the suburban Madison community of Fitchburg, Wisconsin.
JLL...
Commercial finance veteran Suzanne Weiss joins Draper and Kramer as senior vice president
Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce it has named Suzanne Weiss as senior vice president, commercial mortgage servicing, for its Commercial Finance Group. An industry veteran...
