Saturday, May 18, 2024

News

Ion Clairemont

CBRE Arranges $79M Financing for Kearny Mesa Multifamily Build Ion Clairemont in San Diego

CBRE secured $78.5 million in construction financing for developing Ion Clairemont, a 251-unit mid-rise multifamily community located at 8333 Clairmont Mesa Boulevard in San Diego’s Kearny Mesa submarket. The property will feature midcentury colors that...
Brooklyn Multifamily Portfolio

JLL Arranges $27.7M Financing Package with Citigroup for Mixed-Use Brooklyn Multifamily Portfolio

JLL Capital Markets announced it has arranged $27.7 million in financing to recapitalize a mixed-use Brooklyn multifamily portfolio including residential and retail properties located in prime neighborhoods such as Greenpoint and Williamsburg. JLL represented the...
3311 at Vernon

GREA Closes Two Dallas Multifamily Properties, 3311 at Vernon and La Madera, in 60-days

GREA, specializing in serving private to institutional multifamily real estate investors, announces the sale of two apartment communities, 3311 at Vernon (118-units) located at 3311 S Vernon Avenue & La Madera (60-units) located at 3702...
WNC

WNC & Associates Closes $302M Affordable Housing Fund

WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multifamily...
Montclare neighborhood

Interra Realty Brokers $2.7 Million Sale of 2 Multifamily Properties on Chicago’s Montclare Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties, each with nine units, in the Montclare neighborhood on the city’s Northwest Side. The properties...
Ellison

Flournoy Development Group Unveils Dynamic New Brand Identity for Premier Multifamily Developments: Ellison by...

Flournoy Development Group (FDG) is proud to announce the launch of Ellison by Flournoy Development, a new premier multifamily brand dedicated to unparalleled quality, service, and innovation. Ellison represents the culmination of FDG's unwavering dedication...
Resia Dallas West

Resia Celebrates the Grand Opening of Resia Dallas West in Texas

Resia, a housing platform that develops, builds, and manages multifamily communities across the U.S., announces the opening of Resia Dallas West, a 336-unit apartment community in the Dallas-Ft. Worth Metro area and spans across...
Mosaic

JPI Acquires 1.58-acre Parcel at Mosaic Redevelopment in Long Beach

Momentum continues on the redevelopment of Mosaic in downtown Long Beach with the sale of a 1.58-acre portion of the site to multifamily developer JPI. Mosaic is a 14-acre, large-scale open-air retail, residential, creative office...
Helix Apartments

Equity Residential Buys Newly-Constructed Weymouth Multifamily Property Helix Apartments for $63M

Equity Residential has acquired the 160-unit Helix Apartments in Weymouth, Massachusetts for $62.6 million. The property is a redevelopment of the former Boston Motel site from Trinity Green Development, completed late 2023. Helix underwent rezoning...
Elan Solea

Walker & Dunlop Announce Newly-Constructed Hialeah Rental Property Elan Solea Hits Market for $151M

Walker & Dunlop Investment Sales (WDIS) has listed for sale Elan Solea, a luxury garden community in the suburbs of Miami. Still Hunter and Kaya Suarez are lead brokers on the deal on behalf...

Yardi Matrix special report reveals a tale of two markets

Yardi Matrix released an update to its most recent multifamily rent forecast. The special report reveals that when it comes to rent growth and supply, the multifamily sector is a tale of...
ID Oakland Park

Ceiba Groupe Announces Grand Opening and Pre-Leasing for 106-unit Luxury Rental Townhome Community ID...

Ceiba Groupe’s newest multifamily development, ID Oakland Park, is now open and leasing. The 106 luxury rental townhomes are in the heart of Oakland Park, Florida and represent the first exclusively for-rent townhome community...
Apartments at Radbourne Lake

Lion Enters Charlotte Market with Off-Market Multifamily Property Acquisition of The Apartments at Radbourne...

Lion Real Estate Group, LLC ("LREG"), a Dallas-based real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, purchased The Apartments at Radbourne Lake, a 225-unit multifamily property in...
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...
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