Tag: News
$31.5 million financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged $31.5 million in financing for the acquisition and renovation of Hackensack Gardens, a 198-unit, garden-style, multihousing...
Housing starts weaken in July as market slowdown continues
A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs,...
Institutional Property Advisors brokers sale of luxury multifamily asset in Silicon Valley for $193...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eleanor, a newly constructed, 333-unit Class A multifamily asset, including...
$49.45 million loan secured for 224-unit Flagstaff multihousing development
JLL Capital Markets announced that it has arranged $49.45 million in construction financing for the development of Flagstaff Elkwood, a to-be-built, 224-unit multihousing community,...
$302 million capitalized for refinancing of a six-property multihousing portfolio
JLL Capital Markets announced that it secured $262 million in debt and $40 million in equity for the refinancing of a six-property, 1,494-unit, garden-style...
Builder confidence underwater after falling for eighth consecutive month
Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to...
The Jacobson Company acquires brand-new 217-unit multifamily community in Fort Worth, Texas suburb
The Jacobson Company, a leading private real estate investment and management company, has successfully completed the off-market acquisition of Atlantica at Burleson, a new...
$9.8 million in financing secured for Jersey City multihousing development
JLL Capital Markets announced that it has arranged $9.775 million in construction financing for One Mallory, a 44-unit, seven-story luxury multihousing development at 70...
Sale of multihousing community in Arizona closes
JLL Capital Markets announced that it has closed the sale of Tempe Metro, a 408-unit, value-add, wrap-style multihousing community in Tempe, Arizona. JLL marketed the...
Interra Realty brokers $2.23 million sale of two-building multifamily portfolio in Chicago’s Pilsen Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $2.23 million sale of a two-building multifamily portfolio in Chicago’s...
The Jacobson Company acquires brand-new 217-unit multifamily community in Fort Worth, Texas suburb
The Jacobson Company, a leading private real estate investment and management company, has successfully completed the off-market acquisition of Atlantica at Burleson, a new...
Housing affordability falls to lowest level since Great Recession
Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great...
Institutional Property Advisors closes Newcastle multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cedar Rim, a 104-unit multifamily asset in Newcastle, Washington. The...
JVM Realty Corp. acquires The Bevy Luxury Apartment Community near Milwaukee
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired The Bevy, a 175-unit luxury...
Marcus & Millichap completes multifamily portfolio sale outside of Omaha
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Northridge...
