News

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the topping out of Chasen, a 352-unit, multifamily community development in...

Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of Taylor Farms, a 276-unit, Class A multifamily community 20 minutes from Uptown Charlotte. The Northmarq team led by John Currin, Andrea Howard,...

JLL Capital Markets announced that it has secured a $4 million acquisition financing for El Jugador, a 15-unit multifamily property located in Oceanside, California. JLL worked on behalf of the borrower, ORKA Holdings, to arranging...

Younger Partners Executive Vice President Ben McCutchin and Consultant Sam Kartalis brokered the sale of the eight-acre former Midway Square Shopping Center, at 14833 Midway Road in Addison, Texas to AMLI Residential. Located within the...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, has closed a $56 million senior construction financing loan and $12.5 million in equity for the development of the first phase of Yorktown Reserve,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, finalized the sale of Sterling Pointe Apartments, a 57-unit apartment property located in Davis, California...

Wood Partners opened two new properties, Alta Avondale in Avondale and Alta Rise in Chandler. Both properties reside within the Phoenix, Arizona MSA. These multifamily developments will bring more than 630 units to the...

A real estate fund managed by Kennedy Wilson has acquired two multifamily communities -- Axle, a 226 multifamily community in Seattle and Denizen, a 212-unit multifamily community in Portland – for a total of...

Northmarq’s Seattle Debt + Equity team led by managing director Stuart Oswald arranged the $29.5-million refinance of Quail Park at Shannon Ranch, a 120-unit independent living, assisted living and memory care community located at...

Dunbar Residential Investments, in partnership with Long Wharf Capital, acquired Pure Beach Living (formerly known as Tamarack Sands Apartment Homes), a 40-unit residential property in Carlsbad, California for $20.9 million ($522.5k/unit). The community offers all...

Continental Realty Corporation (CRC) has completed the $86.5 million acquisition of Dartmoor Place at Oxford Square, located at 7200 Alden Way in Elkridge, Maryland. As part of the acquisition, CRC will assume the in-place 35-year...

Interstate Equities Corporation has acquired The Marina at Martha Lake, a 124-unit garden-style community in Bothell, for $34.75 million. CBRE’s Mark Washington, Kyle Yamamoto, and Eli Hanacek brokered the transaction. The deal was closed with...

The second phase of First Street Village in Burbank, California has been completed. The project is a modern, three-phase mixed-use apartment community located at the intersection of First Street, and Magnolia Boulevard in the...

There is no question that winter is here, which makes hot showers even more glorious. I must really watch my timer to ensure that my shower time is reasonable and not indulgent. Maybe my...

On December 3, Yardi Matrix released its first-ever report on expense and income growth in the affordable housing sector. The report concludes that expenses and income have grown in tandem at above-level...