JLL Arranges $4M Acquisition Financing for Short-Term Rental Apartments in Savannah Georgia
JLL Capital Markets announced that it arranged $4 million in acquisition financing for Alice Hall, a 14-unit apartment building with plans to be converted into a short-term rental in Savannah, Georgia. Alice Hall is a...
The Mogharebi Group Arranges $13.6M Sale of 98-Unit Apartment Community in Bakersfield California
The Mogharebi Group (TMG) has arranged the $13.6 million sale of Cedar Oaks Apartments, a 98-unit multifamily community in Bakersfield, California. “The Buyer is an experienced Central Valley investor who wanted to add to his...
Marcus & Millichap Closes Two Texas Metroplex Multifamily Sales for $40M
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Luna Vista, a 236-unit multifamily asset in Fort Worth and Polk...
Institutional Property Advisors Brokers Sale and Arranges Financing for Central Florida Multifamily Asset
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and acquisition financing of Caribbean Isle Apartments, a 376-unit multifamily property in Melbourne, Florida. Caribbean Isle Apartments is a 25-residential building property built...
JLL Secures $63M Refinancing for D.C. Metro Luxury Student Housing
JLL Capital Markets announced that it has arranged the $63 million refinancing for Vie Towers, a fully occupied, luxury, student-housing community located within the Washington, D.C. metro in Hyattsville, Maryland. Built in 2006 and renovated...
JLL Arranges $29M in Financing for Whisper Woods of Smithtown Senior Living Community
JLL Capital Markets announced that it arranged $29 million in financing for Whisper Woods of Smithtown, a 101-unit, 136-bed assisted living and memory care community in Long Island, New York. JLL represented the borrowers, New...
CBRE Arranges Sale of 8-Unit Apartment Community in Laguna Beach California
CBRE announced the sale of an eight-unit multifamily community in Laguna Beach, California to a private Orange County-based investor for $3.075 million, representing a sale price of $908 per square foot and $384,375 per...
CPP Announces Acquisition of Two Affordable Housing Communities in Santa Fe New Mexico
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer has entered the Santa Fe market with the acquisition and planned renovation of two developments in the city: Sangre De Cristo Apartments and Santa...
ANF Group Celebrates Completion of Luxury Multifamily Project Vista Verde in the City of...
ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services, has announced the successful completion of Vista Verde, a 288-unit luxury multifamily development in the City of Sunrise,...
Venterra Realty Grabs 2 Brand-New Florida Properties
Despite a slow sales market, Venterra Realty has had an active fall, lining up financing and buying two new properties built this year. Last week, the Houston-based apartment owner acquired the 288-unit, two-story The Grove...
MSCI: Multifamily property prices lower again
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in September were down 0.3 percent from their level of the month before and down 12.8 percent from...
Capital Square Living Assumes Management of Four Multifamily Properties Across Georgia
Capital Square Living, the wholly owned property management subsidiary of Capital Square, announced the assumption of management of four multifamily communities across Georgia. The Georgia properties include High Ridge Apartments in Athens; Bedford Parke Apartments...
Yardi Matrix reports student housing pre-leasing slowdown
Student housing pre-leasing slowed in the final weeks of summer and start of fall, according to the Yardi Matrix National Student Housing Report released October 19. Although the slowdown also impacted rent...
Dominium to Host Grand Opening for Vista Ridge Development in Phoenix Arizona
Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the grand opening of Vista Ridge affordable housing development in Phoenix on Tuesday, October 24. There will be a short...
Dominium to Host Groundbreaking Event for Estrella Springs and Suncrest Vista at Canyon Trails...
Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the groundbreaking of the Estrella Springs and Suncrest Vista at Canyon Trails affordable housing development in Goodyear, Arizona on Wednesday,...
