Sunday, May 19, 2024

News

Premiere at Eastmark

Institutional Property Advisors Closes East Valley Land Sale for Upcoming Premiere at Eastmark Multifamily...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Premiere at Eastmark 3.0,a fully entitled 8.55-acre multifamily development site in Eastmark, a master-planned community in Mesa, Arizona. The property sold...
West Line Village Apartments

West Line Village Apartments development receives $42.5 million loan

JLL Capital Markets announced that it has arranged the $42.5 million construction loan for the development of West Line Village Apartments, a 281-unit, Class A multihousing community in the Denver suburb of Lakewood, Colorado. JLL...
Jonathan Barclay

Franklin Street Hires Top Florida Broker Jonathan Barclay from JBM 

Franklin Street, a national, full-service commercial real estate firm, announced Jonathan Barclay has joined the firms Institutional Services Group, as Managing Director, at the firm’s headquarters in Tampa, Florida. "Joining Franklin Street presents an exciting...

Senior living community reputations succeed or fail based on quality of their staff, J.D....

The key to winning the hearts and minds of senior living community residents and their families is ensuring the facility has a great staff that communicates clearly, knows personal details about residents and makes...
Chapman Place

Thorofare Capital Refinances Class A Multifamily Property Chapman Place Apartments in San Diego

Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, announced it provided a $26,000,000 loan to Chapman Place LLC for the refinancing and lease-up of Chapman Place Apartments...
The Italic

JLL arranges $350 million capitalization for the construction of trophy residential tower in Long...

JLL’s Capital Markets group announced that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in...
Ian Dyer

Tour24 Hires Ian Dyer as SVP to Lead Product and Mike Ramseyer as VP...

Tour24, developer of the multi-award-winning mobile app that offers renters an easy way to tour apartments and empowers leasing teams to seamlessly manage tours, announced Ian Dyer Senior as Vice President of Product and...
Gold Creek Apartments

Nova Capital secures $27.385 million in acquisition financing for 255-unit class a multifamily community...

Nova Capital, a Los Angeles-based real estate capital advisory firm, has secured $27.385 million in debt and equity financing on behalf of Darwin German Real Estate, a full service real estate investment firm that...
Sylvan Woods Evesham

Pre-Leasing is Now Open for Sylvan Woods Evesham Active Adult 55+ Apartment Community in...

Sylvan Woods Evesham, the area's first Active Adult 55+ apartment community, is under construction and is now accepting preleases for residents. "Sylvan Woods Evesham is designed with resort-style amenities, ample social options and the space...
Westwood Glen

FCP closes $1.188 billion FCP Realty Fund V, L.P.

FCP announced the closing of FCP Realty Fund V, L.P. (Fund V), a $1.188 billion fund targeting multifamily and commercial property opportunities throughout the United States. Fund V, when fully invested, is expected to...
Sagebrush Apartments

The Michaels Organization Hosts Ribbon Cutting for New Affordable Multifamily Community Sagebrush Apartments in...

Fort Lupton Mayor Zo Hubbard yesterday joined executives from The Michaels Organization, the Colorado Housing and Finance Agency, and the Colorado Department of Local Affairs, as well as Fort Lupton residents to celebrate the...

Construction materials prices flat in May

The Bureau of Labor Statistics (BLS) released its producer price index report for May 2020. It showed that overall prices for processed goods for intermediate demand rose by 0.1 percent, breaking a string of...
Lexington Court

Marcus & Millichap Sells Tampa Multifamily Complex Lexington Court Near University of South Florida...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Lexington Court in Tampa, Florida. The property sold for $4,375,000. “Amidst a...

Switching off from work has never been harder, or more necessary

In the hit dystopian TV series Severance, employees at biotech corporation Lumon Industries find it easy to separate work and home life. A computer chip is inserted in their brains to act as a...
Roystone

JLL arranges $30 million construction loan for Seattle multihousing project

JLL Capital Markets announced that it has arranged $30 million for the development of Roystone, a 93-unit, boutique multihousing project with ground-floor retail in Seattle’s desirable Lower Queen Anne neighborhood. JLL worked on behalf of...
Yield PRO