Wilsonart Surfaces Transform 3Zero3, the Most Sustainable Apartment Building in the World
3Zero3 in Seattle, is the world’s first net-zero residential high-rise, meaning that the energy emitted by the building equals the energy produced by the building, resulting in a net-zero carbon footprint thanks to sustainable...
Willow Bridge Hosts Grand Opening for Office-to-Multifamily Conversion Balsa in the Heart of D.C.
Willow Bridge Property Company recently celebrated the grand opening of Balsa, a newly transformed 222-unit multifamily community located at 1313 L Street NW in downtown Washington, D.C. Once an office building, Balsa has been strategically...
Institutional Property Advisors Brokers Houston Multifamily Asset Sale of The Park at San Marino
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Park at San Marino, a 384-unit multifamily asset in Houston, Texas. “Offered with 4.75% assumable agency financing with a low...
FCP Closes $16.7M in Preferred Equity for 320-Unit Multifamily Development Royal Palm at Nona...
FCP® has closed on a $16.7 million preferred equity investment through its Structured Investments platform to finance Royal Palm at Nona, a 320-unit, Class A multifamily development adjacent to Lake Nona in Orlando, Florida. "FCP...
Alliance Residential Company Opens Prose Lakeside in Lakeland Florida
Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Prose Lakeside, a 391-unit, multifamily complex located at 1320 Caprice Drive, Lakeland, Florida. Located 33 miles from Tampa and 60 miles...
BWE Secures $20M in Permanent Financing for a Luxury Active Adult Housing Development Lake...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $20,052,000 loan to provide permanent financing for Lake Place, a 110-unit luxury active adult community in Chanhassen, Minnesota, part...
Housing Trust Group Breaks Ground on $185M Mixed-Use Development Rainbow Village with Affordable Housing...
Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has secured financing and commenced development on Rainbow Village, a $185 million mixed-use development with 310 affordable housing units in Miami,...
Northmarq Carolinas Debt + Equity Team Arranges $78.4M in Financing for Five New York...
Northmarq’s Carolinas Debt + Equity team led by Tom Peloquin successfully arranged the financing for five New York City mid-rise apartments, arranging $78.4 million in permanent fixed loans for the properties. Deals within the portfolio...
Rosewood Property Company and Barings Break Ground 370-Apartment Home Community The Gilman in Dallas...
Rosewood Property Company and equity partner Barings, one of the world’s largest diversified real estate investment managers, have broken ground on The Gilman, a Class A multifamily community in the Las Colinas neighborhood of...
Steady growth in multifamily mortgage originations seen in 2024
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were up 69 percent year-over-year in Q4. Originations of all commercial mortgages as a single asset class rose 84 percent year-over-year. Commercial...
JLL Facilitates Loan for Turnbridge Equities’ Mailman Post Build-to-Rent Development in Raleigh
JLL Capital Markets announced that it has secured a $51.2 million financing for Mailman Post, a 302-unit single-family build-to-rent (BTR) community in Knightdale, North Carolina, being developed by Turnbridge Equities. Mailman Post, located on a...
Eastham Capital, Bender Companies Partner Acquire 550-Unit Residential Community Haven Hoffman Estates in the...
Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, has announced the acquisition of Haven Hoffman Estates, a 550-unit...
JLL Facilitates $18.698M in Financing for Multifamily Property Red Table Apartments in Vail Valley...
JLL Capital Markets announced that it has secured a $18.698 million financing for Red Table Apartments, a 77-unit multifamily property located in Gypsum, Colorado. JLL worked on behalf of the borrower, Brikwell, to secure the...
Interra Realty Brokers Suburban Chicago Multifamily Portfolio of Liberty Square Flats and Lorraine Court...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it facilitated the sale of two multifamily buildings, Liberty Square Flats and Lorraine Court Apartments, in the Wheaton suburb of Chicago. Interra Associate Nathan...
Cushman & Wakefield Advises on $22M Sale and Arranges Financing, Greystone provides $13.3M Acquisition...
Cushman & Wakefield and Greystone jointly announced the firms have assisted the sale and provided acquisition financing, respectively, for Hawthorne Apartments in Seattle, Washington. Cushman & Wakefield’s Dylan Roeter, Tim McKay, Dan Chhan, and Matt...