Tuesday, May 7, 2024

News

Property professionals see former retail premises as biggest untapped resource for new residential housing...

Two-thirds (66 percent) of property professionals in the UK believe former retail premises could be the biggest untapped resource for new residential development, according to a survey by MRI Software, a global leader in...
Centurion Union

Permanent financing secured for Centurion Union redevelopment

JLL Capital Markets announced that it arranged permanent financing for Centurion Union, a newly constructed 80-unit luxury apartment building located at 975 Bonnel Court in the vibrant Union Center neighborhood of Union, New Jersey. JLL...

JLL arranges financing for Englewood, New Jersey, apartments

JLL announces that it has arranged financing for the development of Englewood Circle, a 220-unit, Class A multifamily property in Englewood, New Jersey. JLL worked on behalf of the developers, a joint venture between The...

CBRE Multifamily Group sells Commons at Windsor Gardens

The CBRE Capital Markets team today announced the sale of Commons at Windsor Gardens located in Norwood, Massachusetts. The Commons at Windsor Gardens is a 914-unit 100% market-rate apartment community consisting of 682 flats and...
Power Hitters with Dan Minahanvideo

Power Hitters with Dan Minahan

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Dan Minahan, President and COO of Continental Properties. Transcript: NAHB Power Hitters interview. Linda Hoffman with Dan Minahan, recorded July 1, 2021 (music) Linda Hoffman:...
Grande Oasis at Carrollwood

JLL closes 883-unit sale of Tampa condo community

JLL announced today that it has closed the sale of 883 units within Grande Oasis at Carrollwood, a 1000-unit, garden-style condominium community centrally located in Tampa’s Carrollwood submarket. JLL marketed the property exclusively on behalf...
Hawthorne Apartments

76-unit multifamily community sells for $16.5 million in Sacramento

Transwestern Real Estate Services (TRS) announces the sale of The Hawthorne Apartments, a 76-unit multifamily community at 5820 Sutter Ave. in Carmichael, California. Transwestern’s Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented...
Phoenician Pines

ABI Multifamily brokers 92 of 240 rental condominium units in Northwest Phoenix for $22...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $22,000,000 / $239,130 Per Unit / $234.80 Per SF sale of Phoenician Pines Condominium Homes,...

Prism putting finishing touches on Edison Lofts building at Edison Village in Downtown West...

This spring, Prism Capital Partners’ is putting the finishing touches on the Edison Lofts building at Edison Village, its industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange,...

Lynd Acquisitions Group closes on value-add multifamily portfolio in Texas in excess of $150...

Lynd Acquisitions Group (“LAG”), a San Antonio-based real estate investment firm, has acquired a portfolio of three garden-style apartment communities in Texas and paid in excess of $150 million. One property is in Houston...

Federal government reaches historic agreement with New York city housing authority to improve health...

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a historic agreement with the nation’s largest public housing authority to correct dangerous lead-based paint and other health and safety hazards. HUD, the...

Meridian Capital Group arranges $46 million in financing for a multifamily community in Raritan,...

Meridian Capital Group, America’s most active dealmaker, arranged $46 million in financing to refinance a multifamily community in Raritan, NJ on behalf of Castle Lanterra Properties. The five-year loan, provided by a balance sheet lender,...
Mountain Valley

Marcus & Millichap brokers Dallas multifamily asset sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Mountain Valley, a 312-unit apartment property in Dallas, Texas. “Built in 1969,...

Kiser Group adds Marco Cesario to brokerage team

Kiser Group, Chicago’s leading multifamily brokerage firm, announces Marco Cesario as the firm’s newest broker. Cesario, 38, has brokered more than $100 million of land, multifamily, mixed-use, residential, retail and office leasing transactions in...

HFF represents the DSF Group in the $259.4M sale of class A high-rise apartments...

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has represented The DSF Group in the $259.4 million sale of Halstead New Rochelle Metro North, a 40-story, 588-unit, Class A apartment tower in New...
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