Thursday, May 16, 2024

News

Willoughby Corner

FirstBank Announces $55M in Financing for Affordable Housing Development Willoughby Corner Near Denver

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” has financed over $500 million in affordable housing since 2020. Recently FirstBank financed $55 million in loans for...
Pointe on Westshore

American Landmark Apartments Acquires Class A Tampa Apartment Community The Pointe on Westshore

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Pointe on Westshore, a 444-unit apartment community nestled in the vibrant city of Tampa, Florida. This acquisition signifies American Landmark's...
Prose LaGrange

Alliance Residential Company Opens Brand-New Multifamily Community Prose Lagrange in LaGrange Georgia

Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Prose LaGrange, it’s fifth Prose branded community in Georgia. Designed by architect Dynamik Design, the community’s 315 apartments offer one- and...
Millbrook Horizon

Garden Communities Welcomes First Move-Ins for Millbrook Horizon in Edison New Jersey

Garden Communities has welcomed the first residents to Millbrook Horizon, a collection of 40 luxury rental apartments in the heart of suburban Middlesex County, New Jersey. Millbrook Horizon brings a fresh, elegantly designed element to...
Prose Columbus

Alliance Residential Company Opens Multifamily Community Prose Columbus in Columbus Georgia

Alliance Residential Company, one of the largest multifamily developers in the nation, has opened the doors to Prose Columbus, its fourth Prose branded community in Georgia. Less than 80 miles from Atlanta and the second...
425-429 Avenue C

HKS Closes $5.4M Loan for Multifamily Asset 425-429 Avenue C in Bayonne New Jersey

HKS Real Estate Advisors announces a modern multifamily complex, 425-429 Avenue C in Bayonne, has recently secured a significant refinancing deal amidst its ongoing lease-up phase. The ownership group behind the newly completed 19-unit apartment...
3Waller

JLL Advised on the Sale of the 259-micro-unit Multifamily Community 3Waller in Downtown Austin...

JLL Capital Markets announced that it closed the sale of 3Waller, a 259-micro-unit, newly constructed, mid-rise multifamily community in downtown Austin. JLL represented the seller, Transwestern, and Placemakr acquired the asset. Situated at 710 E. 3rd...
Flats at Westshore

Cushman & Wakefield Announce the Sale of 362-unit Multifamily Community The Flats at Westshore...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Flats at Westshore, a recently built 362-unit multifamily community located in Cumming, Georgia. Robert Stickel, Alex Brown, Ashlyn...
Fielder’s Glen

Marcus & Millichap Closes Sale and Arranges Financing for Multifamily Asset Fielder’s Glen in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale and financing of Fielder’s Glen, a 220-unit multifamily property in Arlington, Texas. Al...
Union at Purple Heart Trail

Construction on New Affordable Housing Community Union at Purple Heart Trail from The Annex...

The Annex Group®, a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities, announces plans to develop an affordable housing community known as Union at Purple Heart Trail...
Pointe at Eastgate

Cambridge Realty Capital Provides Refinancing on The Pointe at Eastgate Assisted Living Facility Near...

Cambridge Realty Capital provided a $15.52 million HUD Lean loan to refinance The Pointe at Eastgate, an assisted living facility located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year...
Dean’s Crossing

Rockland Trust Provides $6M in Financing to Build Dean’s Crossing Townhomes in Taunton Massachusetts

Hyperion Holdings, LLC and Innovative Investment Corp. have secured $5.5 million in financing from Rockland Trust for the development of Dean’s Crossing, a townhome development in Taunton, Massachusetts. Construction began earlier this year, with the...
The Everstead at Windrose

Landmark Properties Announces Leasing has Begun for The Everstead at Windrose BTR Near Houston

Leasing is ongoing at Landmark Properties newest build-for-rent multifamily project The Everstead at Windrose in Klein, Texas within the Houston MSA. Residents will enjoy brand new, pet-friendly residences that provide the ultimate combination of chic spaces,...
Irish Row

Inland Fully Subscribes Irish Row Student Housing DST in South Bend Near Notre Dame

Inland Private Capital Corporation (IPC) has completed a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust. The offering has been...
Ardea at Totem Lake

TWG Breaks Ground on Affordable Seniors Property Ardea at Totem Lake with Amazon Funding...

TWG Development held a groundbreaking event for its first seniors-only affordable housing property in Washington state. Upon completion, Ardea at Totem Lake will provide 170 new homes for older low- and middle-income residents at...
Yield PRO