Tag: News
Stepp Commercial completes $3,025,000 sale of a value-add, 8-unit apartment property in prime West...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3,025,000 sale of an eight-unit, value-add apartment property located...
Interra Realty arranges $3.65 million value-add multifamily sale in Chicago’s Kenwood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it arranged the $3.65 million sale of 4400 S. Drexel Blvd., a 46-unit...
Rate Desk Wednesday, September 2, 2020
September 2, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Relationships of leverage to risk; probability of loss vs loss given...
The Babb Group of Marcus & Millichap arranges the sale of 12-unit boutique apartment...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of San...
Merchants Capital secures $14+ million new financing for West Pointe Commons
Mortgage banking company Merchants Capital announces that it has secured more than $14 million in new financing for West Pointe Commons, a 141-unit townhome community...
Industry associations respond to CDC’s Rental Eviction Moratorium
The Centers for Disease Control and Prevention implemented a temporary eviction moratorium through the end of the year, protecting U.S. renters from losing their...
Mountain View Capital acquires Volta at Voyager in Colorado Springs for $52.6 million
JLL Capital Markets announced that it has arranged the $52.6 million property sale and $37.556 million financing of the Volta at Voyager multihousing community...
Stonebridge acquires 264-unit Charlotte, NC apartment community for $40.7 million
StoneBridge Investments of Washington, DC, has acquired Magnolia Terrace, a 264-unit rental apartment community in fast-growing Charlotte, NC for $40.7 million. The seller, Atlanta-based...
A suburban shift for home building
Evidence of a suburban shift for consumer home buying preferences as a result of the COVID-19 pandemic can be found in the second quarter National Association...
Cushman & Wakefield arranges $26.67 million sale for TriBridge Residential
Cushman & Wakefield has arranged the $26.67 million sale of Summerchase at Riverchase, a 240-unit apartment community located in Hoover, Alabama. Jimmy Adams and...
Mark Stern joins JLL Capital Markets Midwest multihousing team
JLL Capital Markets announced that Mark Stern has joined the firm as a Managing Director in its Chicago office. Stern will be an integral...
Trion Properties enters Denver, Colorado market with acquisition of 288-unit apartment community
Trion Properties, a real estate private equity firm that specializes in multifamily investments in western markets, has acquired The View at North Peak, a...
Cushman & Wakefield arranges $43 million sale for Coastal Ridge Real Estate
Cushman & Wakefield has arranged the $43 million sale of Capital Park at 72 West, a 233-unit apartment community located in Huntsville, Alabama. Jimmy...
Interra Realty brokers $5.585 million sale of mixed-use property in Chicago’s Ravenswood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.585 million off-market sale of 2020-36 W. Montrose Ave., a...
Cushman & Wakefield arranges $80 million sale for Fairfield McDonough LLC to Chandler Residential
Cushman & Wakefield has arranged the $80 million sale of Colton Creek, a 500-unit apartment community located in McDonough, Georgia. Mike Kemether, Alex Brown,...
