Tag: News
$63 million recapitalization secured for Channel Club luxury high-rise in Tampa
JLL Capital Markets announced that it has arranged a $63 million recapitalization of the Channel Club, a recently completed two-story Class A high-rise apartment...
$28 million Puget Sound area multifamily asset sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Westminster...
32 Arcadia, 104-unit multifamily community in Phoenix, Ariz., sells for $14.8 million
32 Arcadia, a 104-unit multifamily community, located at 3211 E. Pinchot Avenue in Phoenix, Arizona, has sold for $14,800,000. The buyer was Cowabunga Two,...
Cushman & Wakefield arranges $17.18 million sale for Elevation Financial Group, LLC
Cushman & Wakefield has arranged the $17.18 million sale of a three-property portfolio containing 466 multifamily units in Montgomery, Alabama. Craig Hey and Parker...
The RADCO Companies announces sale of two multifamily properties in San Antonio, Texas
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of a two-building multifamily building portfolio comprised of...
Oak Coast Properties announces $163 million disposition of Pembrooke on the Green Apartments
Oak Coast Properties announced the $163 million disposition of the Pembrooke on the Green Apartments in Denver, Colorado. The transaction is one of the largest...
Gelt Financial announces funding of $3,000,000 multifamily bridge loan
Gelt Financial, a leading commercial real estate direct lender, announced the closing of a $3MM first mortgage on a 152-unit multifamily community called Crown...
Sponsored: How to engage with today’s multifamily renters
When a potential renter walks through your doors, are you positioned to understand their specific needs? In a recent Assurant study, we’ve outlined five...
ABI Multifamily adds Andrew Arambula as associate to growing team
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., has added Andrew Arambula as an associate to the growing...
Berkshire Property Holdings acquires Dallas multifamily portfolio for $56.8 million
Berkshire Property Holdings has made its second and largest multifamily investment in the Dallas metroplex in the span of eight months with the acquisition...
Rate Desk Wednesday, September 9, 2020
September 9, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With lower home supply and no declines in MF property value,...
Westside Los Angeles multifamily asset sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Avalon Venice on Rose, a three-story, 70-unit apartment building...
Rent payment tracker: payments down
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.4 percent of apartment households made a full or partial rent payment by September...
Magma Equities acquires Nashville, Tenn. apartment community for $27 million
Multifamily investment firm Magma Equities has acquired Charleston Hall Apartments, a 194-unit garden-style community in Smyrna, Tennessee (Nashville MSA) in an off-market transaction valued...
Central Dallas apartment complex sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Dylan, an urban apartment complex in Dallas, Texas. “New capital...
