Tag: News
JLL closes $58.85 million sale, $45.9 million financing of Maryland apartments
JLL announced today it has closed the $58.85 million sale and $45.9 million financing of Palette at Arts District, a 243-unit multihousing community located...
JLL arranges $38 million sale, $27.4 million financing of Echelon at Middletown
JLL announced today that it has closed the $38 million sale and arranged $27.4 million in financing for Echelon at Middletown, a 210-home, garden-style...
Gelt, Inc. sells 400-unit apartment property for $92 million after a three-year hold in...
Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce the $92 million sale of Westhills Apartment Homes,...
JLL closes sale of Charlotte apartment community
JLL announced it has closed the sale of Alta Prosperity Village, a recently completed, 292-unit apartment community in Charlotte, North Carolina. JLL marketed the property...
Franklin Street negotiates $14.8 million multifamily asset sale in Orlando MSA
Franklin Street has negotiated the sale of Bridgewater Pointe Apartments, a 100-unit rental community located in Melbourne, Fla., approximately 60 minutes southeast of Orlando. Darron...
Cushman & Wakefield brokers sale of Jacksonville’s Park Village to Navarino and Mayfair
Cushman & Wakefield has arranged the sale of Park Village Apartments, a 120-unit, garden-style multifamily community in the Jacksonville MSA. Executive Directors Mike Donaldson and Nick Meoli of Cushman & Wakefield’s...
WinnCompanies joins with state and city officials to announce plans for $38.3 million mixed-income...
WinnCompanies, an award-winning multifamily development and management company, today joined with Massachusetts Lt. Gov. Karyn Polito, state and Lowell city officials to unveil plans...
Stepp Commercial completes $3.05 million sale of 8-unit apartment property in Long Beach, CA
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.05 million sale of an 8-unit apartment property located...
JLL arranges $23 million financing for Lehigh Valley apartment project
JLL announced today that it has arranged $23 million in financing for the development of DREAM Lehigh Valley, a to-be-built, 200-unit apartment complex in...
JLL arranges sale, financing of Houston multihousing property
JLL announced today that it has closed the sale and arranged financing of Alexan Enclave, a 354-unit, Class A multihousing community located in West...
JLL closes sale of Central Texas apartment community
JLL announced today that it has closed the sale of Towne Oaks, a 78-unit, value-add apartment community in the Richland Hills area of Waco,...
Brookline affordable housing community for senior citizens and residents with disabilities will see extensive...
MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 100-unit Arthur O’Shea House located...
55+ housing market on steady rise
Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72,...
Gelt, Inc. acquires Timber Lodge, a 390-unit value-add apartment community, for $61 million in...
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, announced today it has acquired Timber Lodge for $61 million. The 390-unit...
Seattle urban development site sale closed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of an approximately 17,850-square-foot multifamily development site at 12337 and...