Thayer Manca Residential secures refinancing for South Sound multifamily property
Thayer Manca Residential has secured a $26,800,000, Fannie Mae refinance loan for its Callen Apartments, in Lacey, Washington. The 10-year, 2.99 percent fixed-rate loan includes full-term, interest-only debt service.
“The maximally low mortgage payments afforded by...
Marcus & Millichap completed $102 million multifamily portfolio sale in Los Angeles
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the completion of the Armor Collection sale, four multifamily portfolios in Los Angeles, California...
Marcus & Millichap arranges the sale of a 32-unit apartment building
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Columbia House, a 32-unit apartment property located in Tallahassee, Fla.,...
Universe Holdings receives $19.71 million in cash out financing secured by seven Inglewood apartment...
Capitalizing on rising property values in its growing portfolio of assets in Inglewood, CA, Universe Holdings has received $19.71 million in cash-out financing secured by seven of its Inglewood multifamily communities.
Two separate loans allowed...
Jonathan Rose Companies and Columbia Residential acquire city views at Rosa Burney Park
A joint venture of Jonathan Rose Companies and Columbia Residential, in conjunction with neighborhood non-profit SUMMECH Community Development Corp., has acquired City Views at (City Views), a 181-unit family Section 8 and LIHTC community in the rapidly...
Larken Associates Bolsters multifamily portfolio with acquisition of York County, Pa. apartment community
Larken Associates, a regional leader in real estate building, development and management, announces the acquisition of The View at Mackenzi, a 224-unit apartment community, located at 2035 Patriot Street in York, Pa.
Located less than...
JLL closes $65.9 million sale of Durham, North Carolina apartments
JLL Capital Markets announced it has closed the $65.9 million sale of Lodge at Croasdaile Farm, a 320-unit, garden-style and townhome apartment community in the North Durham submarket of Durham, North Carolina.
JLL marketed the...
JLL arranges construction loan for first phase of The Riverfront development in Waco, Texas
JLL Capital Markets announced that it has arranged construction financing for The Riverfront Lofts, a 266-unit, Class A multihousing project, which will be the first phase of The Riverfront mixed-use waterfront district in downtown...
Dekel Capital arranges $59 million in construction financing for multifamily development in Thousand Oaks,...
Dekel Capital, has arranged $59 million in construction financing on behalf of The Latigo Group, which has started work on the first significant multifamily project to be developed in Thousand Oaks, CA since 2007.
When...
IPA Capital Markets arranges $22.36 million multifamily acquisition loan
IPA Capital Markets, a division of Marcus & Millichap Capital Corp., has arranged $22,365,000 for the purchase of an 85-unit multifamily asset in West Covina, California.
“We have worked with these borrowers previously on arranging...
Interra Realty brokers $1.45 million sale of apartment building in Oak Park, Ill.
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.45 million sale of 426 Wesley Ave., an 11-unit apartment building in Oak Park, Ill., a western suburb of Chicago....
MassHousing completes workforce housing financing for new, 68-unit housing community in Newton
MassHousing has closed on $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit 28 Austin Street in Newton, which offers 23 workforce housing apartments for lower- and moderate-income households.
The recently completed...
Greystone Bel completes $4 million sale of 105-unit multifamily property in Saginaw, MI
Greystone Bel recently closed the sale of The Poplars Apartments, a 105-unit multifamily property in Saginaw, Michigan for $4,000,000 or $38,095 per unit.
Austin Hull of the Greystone Bel Real Estate Advisors investment sales team...
Two Central California multifamily assets sell for $38.5 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two multifamily properties in Fresno, California. The communities are Boulder...
Greystone Bel sells 48-unit multifamily property in Sturgis, MI
Greystone Bel recently closed the sale of Colonial Crest Apartments, a 48-unit multifamily property in Sturgis, Michigan for $1,785,000 or $37,188 per unit.
Austin Hull of the Greystone Bel Real Estate Advisors investment sales team...
