Class A mixed-use property in Metuchen, New Jersey, trades
JLL Capital Markets announced that it has completed the $29.6 million sale of The Hub at Metuchen, a Class A, transit-oriented mixed-use residential and retail property in Metuchen, Middlesex County, New Jersey.
JLL marketed the...
JLL closes sale of Rayette Lofts in St. Paul, Minnesota
JLL Capital Markets announced that it has closed the sale of Rayette Lofts, an 88-unit, mid-rise adaptive reuse residential and retail property located in downtown St. Paul, Minnesota’s vibrant Lowertown neighborhood.
JLL marketed the property...
Nova Capital secures $27.385 million in acquisition financing for 255-unit class a multifamily community...
Nova Capital, a Los Angeles-based real estate capital advisory firm, has secured $27.385 million in debt and equity financing on behalf of Darwin German Real Estate, a full service real estate investment firm that...
Dunleer sells 8-unit apartment property for $3.31 million in Silver Lake submarket
Dunleer, a Los Angeles-based private real estate investment and development firm, today announced the $3.31 million sale of The Monroe Apartments & Bungalows, a two-building, eight-unit apartment property located at 4018 Monroe Street in the...
JLL arranges $29.4 million financing for S’PARK Railyards in Boulder
JLL Capital Markets announced that it has arranged $29.4 million in construction financing for S’PARK Railyards (Railyards), a 69,263-square-foot Class A office building in Boulder, Colorado.
JLL worked on behalf of a joint venture between...
Dekel Capital arranges $47.8 million construction loan for multifamily community in Koreatown
Dekel Capital, on behalf of Los Angeles-based CGI Strategies, has arranged $47.8 million in non-recourse construction financing for the development of a 200-unit multifamily community in Los Angeles’ Koreatown neighborhood.
The loan, which was provided...
Levin Johnston successfully completes strategic 1031 exchange transaction in California Bay Area
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, successfully advised its client, a private investor, to acquire...
Newly developed luxury apartment community trades for $53 million
JLL Capital Markets announced that it has completed the $53 million sale of BELA, a newly developed, 104-unit, luxury apartment community located within a qualified opportunity zone in Jersey City’s rapidly expanding Bergen-Lafayette neighborhood.
JLL...
Passco Companies bolsters Florida portfolio with acquisition of 244-unit multifamily community in Ponte Vedra
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired The Reserve at Nocatee, a 244-unit luxury multifamily community...
Gebroe-Hammer Associates arranges $65 million multifamily portfolio sale of 400 units across three North...
Gebroe-Hammer Associates’ Niko Nicolaou, executive vice president, has arranged the $65M sale of the Golden Peak Portfolio, a 400-unit multifamily package spanning the Hudson Palisades region. Situated directly across from Midtown Manhattan and the...
Greystone Bel sells 117 unit two-property portfolio in Marquette, MI
Greystone Bel recently closed the sale of Northwoods and Ridgeview Apartments, a two-property portfolio totaling 117 units in Marquette, Michigan.
Austin Hull of the Greystone Bel Real Estate Advisors investment sales team represented the buyer...
Mesa West Capital originates $65 million loan to fund Los Angeles apartment acquisition
Mesa West Capital has provided Newport Beach, CA-based real estate development and investment firm Sares Regis Group with $65 million in first mortgage debt for the acquisition of a 169-unit multifamily community in Los...
JLL arranges sale, financing for Houston seniors housing property
JLL Capital Markets announced that it has closed the sale of and arranged financing for The Gardens at Spring Shadows, a 384-unit independent living community in Houston’s Spring Branch submarket.
JLL served as the seller’s...
MassHousing provides $9.9 million in financing for the acquisition, renovation and preservation of affordability...
MassHousing has closed on $9.9 million in affordable housing financing to an affiliate of Pennant Housing Group for the acquisition, renovation and preservation of the 89-unit Colonial Village Apartments in Weymouth. The transaction resolves...
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...
