Friday, May 17, 2024

News

Dallas Texas

Institutional Property Advisors Leads Multifamily Brokerage Sales in Dallas-Fort Worth

Institutional Property Advisors, a division of Marcus & Millichap, has closed 15 multifamily asset sales valued at $860 million with $1.6 billion currently under contract or in escrow in Dallas-Fort Worth (DFW) to date...
Thomas Burrus

JLL Continues to Strengthen Life Science Platform with Key New York Hire

JLL has announced the further strengthening of its national life science platform as part of the global real estate services firm’s continued investment in a dedicated, market-leading business line focused on supporting investors and...
Tavalo Tradition

Berkadia Arranges $37.5M in Acquisition Financing for Tavalo Tradition

Berkadia announces it has arranged the acquisition financing for Tavalo Tradition, a 216-townhome build-to-rent community located on one of the last developable parcels of land within the Tradition Master Planned Community in Port St....
Annette Lopez

Project Access Has Added Annette Lopez as its New Marketing and Communications Director

Project Access Resource Centers has hired Annette Lopez as its new Marketing and Communications Director for the non-profit organization based in Orange, California.  Before assuming her new role with Project Access, Lopez was Director of...
James Le

Project Access Promotes James Le to Senior Director of Development

Project Access Resource Centers has promoted James Le to Senior Director of Development For the non-profit organization based in Orange, California. In consultation and partnership with Kristin Byrnes, CEO and president of Project Access,...
Matt DeGraw

Matt DeGraw Has Been Appointed to the Project Access Board of Directors

Project Access Resource Centers, a national leader in providing vital on-site health, education, and employment services to families, children, and seniors residing in affordable housing communities across the US, has announced the appointment of...
Crawford Gardens

DCHFA Finances New Affordable Senior Housing and Grandfamily Development in Ward 7

The District of Columbia Housing Finance Agency (DCHFA) issued $25.9 million in tax exempt bonds, underwrote $21.4 million in federal Low Income Housing Tax Credit (LIHTC) equity and $4 million in District LIHTC equity...
499 Summit Avenue

Panepinto Properties Breaks Ground on 53-Story Tower in Jersey City

Panepinto Properties, a central player in shaping Jersey City’s real estate landscape for nearly five decades, reaffirmed its pivotal role in the city’s ongoing growth and vitality by breaking ground on a soaring 53-story...
power wire

Construction materials prices unchanged in August

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were unchanged month-over-month in August on a seasonally adjusted basis. The index of components and materials...
Aiya

$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors

Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Aiya, a 360-unit multifamily asset in Gilbert, Arizona. The property sold for $112 million, or $311,111 per unit. “Gilbert has one...
Kenneth Wood

Ken Wood Joins JLL Value & Risk’s Advisory’s Multi-Housing Practice

JLL’s Value and Risk Advisory platform announced today that it has hired Ken Wood as a Director in its Los Angeles office. Wood will work with Kai Pan, who leads the national multi-housing practice...
The Park at Via Teano

Cushman & Wakefield Arranges Sale of The Park at Via Teano

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Park at Via Teano, a 208-unit multifamily community located at 1400 Hancock Boulevard, Daytona Beach, Florida. Mike Donaldson...
DUO Apartments

Institutional Property Advisors Arranges $62 Million Acquisition Financing for Northern California Multifamily Asset

IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $62,139,000 in acquisition financing for DUO Apartments, a 301-unit multifamily asset in San...
The Monarch

CP Capital US Announces Sale of ‘The Monarch’ in Des Plaines, Illinois

CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, today announced the sale of The Monarch: a 236-unit, four-story, wrap-style multifamily community in the Chicago suburb of Des Plaines, Illinois. The project,...
Apollo

Cityview and Stockbridge Commence Construction on 265-Unit Multifamily Development in Los Angeles

Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay. Slated...
Yield PRO