Tag: News
$58.3 million financing secured for Texas multihousing development
JLL Capital Markets announced that it has closed the $58.3 million construction financing for The View at Sapphire Bay, a Class A, 394-unit, mid-rise...
Cushman & Wakefield and Greystone close sale and financing of Hoover Multifamily Property
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for City Heights...
Gebroe-Hammer’s Jarvis arranges multi-tranche $80+ million multifamily portfolio sale in Newark, New Jersey
In Newark’s North Ward, Gebroe-Hammer Associates Executive Vice President David Jarvis has finalized a multi-tranche $80+M multifamily portfolio sale totaling 484 units across the...
FCP, One Real Estate Investment acquire The Summit Apartments in San Antonio, Texas
FCP with joint venture partner, One Real Estate Investment (OREI) announce the acquisition of The Summit apartments, a 284-unit community in San Antonio, Texas. The...
$60 million financed for Seattle multihousing development
JLL Capital Markets announced that it has arranged $60 million in construction financing for Gridline Apartments, a multihousing development currently under construction in Seattle,...
Berkadia arranges sale of brand-new trophy garden community in Orlando Metro Area
Berkadia announces it has arranged the sale of Alta Winter Garden, a 250-unit Class AAA trophy garden multifamily community in the Winter Garden submarket...
New best-in-class Nashville multihousing development sells
JLL Capital Markets announced that it has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multihousing asset in the Wedgewood-Houston neighborhood of...
Universe Holdings acquires second multifamily property in Ventura, California for $14.55 million
Universe Holdings has acquired Woodland Manor, a multifamily community in Ventura, Calif., in an off-market transaction for $14.55 million. Built in 1969, the property...
Institutional Property Advisors negotiates $260 million multifamily asset sale in Scottsdale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Moderne, a 369-unit mid-rise multifamily asset in Scottsdale, Arizona...
Newmark arranges sale and financing of 210-unit value-add multifamily property in East Austin, Texas
Newmark has completed the sale and financing of The Sofia Apartments, a 210-unit value-add multifamily property located minutes from downtown Austin, Texas. The property...
$19.45 million in financing secured for Maryland multihousing community
JLL Capital Markets announced that it has arranged the $19.45 million in acquisition financing for River Bay Townhomes, a 173-unit, value-add multihousing community in...
Newmark announces $70.5 million multifamily sale in one of Nashville’s fastest-growing suburbs
Newmark announces the $70.5 million sale of Reserve at Oakleigh—a 246-unit, 2017-built multifamily community located in Antioch, Tennessee. Newmark Executive Managing Directors Vincent Lefler...
Two-building mixed-use portfolio in New York’s East Midtown fetches $41.5 million
JLL Capital Markets has announced the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio in the...
iBorrow provides $20 million in financing for acquisition of 232-unit multifamily property in Dallas,...
iBorrow, a nationwide private direct lender for commercial real estate, has provided a $20 million loan to support the acquisition of a 232-unit garden-style multifamily...
TruAmerica Multifamily acquires 230-unit apartment community in Austin, Texas
TruAmerica Multifamily has acquired Cannon Oaks, a 230-apartment home community located just seven miles from downtown Austin. Completed in 2003, Cannon Oaks is located at...