Tag: News
$10.75 million financing secured for a California multihousing community owned by Universe Holdings
JLL Capital Markets announced that it has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multihousing community located in La Mesa,...
Sale of Minneapolis apartment community closes
JLL Capital Markets announced that it has closed the sale of Dock Street Flats, a 185-unit, 2013-built, luxury apartment community with 2,852 square feet...
Levin Johnston directs 1031 exchange of multifamily communities in San Mateo County
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...
Marcus & Millichap brokers $10.5 million sale of historic multifamily property in downtown Chicago
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the...
Multifamily developer confidence declines significantly in the Third Quarter
The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates,...
CP Capital US appoints Kristi Nootens as Co-Head
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, announced the appointment of Kristi Nootens as Co-Head. In her new role,...
Single-family housing contraction continues in October
Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as...
Pensam provides $7.6 million preferred equity for recapitalization of Dallas apartments
Pensam has closed on a $7.6 million preferred equity investment for the recapitalization of The Elise, a 341-unit apartment community located in Dallas, Texas....
Charlotte multihousing asset trades for $91 million
JLL Capital Markets announced that it has closed the $91 million acquisition of and the $60.3 million financing for Abberly NoDa Vista (formerly known...
Institutional Property Advisors negotiates Tucson multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Elevate, a 144-unit apartment property in Tucson, Arizona. The asset...
$57.5 million financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged the $57.5M financing of EVO, a 220-unit, newly built, luxury multihousing property located in downtown Englewood,...
Marcus & Millichap completes Fort Worth multifamily asset sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Tides...
Capstone has closed the sale of Arcadia Plaza Apartments
Capstone has closed the sale of Arcadia Plaza Apartments, a 13,188 SF multifamily property for the sale price of $4,600,000. Pat Knowlton of Capstone...
Interra Realty brokers $11 million sale of multifamily property on Chicago’s North Shore
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 37-unit multifamily property in Highwood, Ill. The...
DLP Capital finances $24 million multifamily by Idaho Capital of Boise
DLP Capital, a private real estate investment and financial services firm, announced that it has provided $24.4 million in acquisition financing for a new,...
