Tag: News
Levin Johnston directs one-acre multifamily acquisition in Mountain View, California
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...
Merchants Capital secures first-ever Freddie Mac non-LIHTC Forward Commitment financing for $19.7M affordable housing...
Mortgage banking firm Merchants Capital has secured financing for the development of a $19.7 million mixed-income workforce housing community in Rochester, Minnesota. Merchants Capital secured the loan through the first-ever Freddie Mac Non-LIHTC...
$91.5 million Northern California apartment asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Sora Apartments, a 250-unit multifamily asset in Union City,...
IPA brokers $44 million East San Francisco Bay Area apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Mark, a 150-unit garden-style apartment complex in Hayward,...
Highpoint Property Group expands value-add portfolio with recent acquisition financing from Thorofare Capital
Thorofare Capital has provided a $15 million floating-rate first mortgage to Highpoint Property Group (Highpoint) to acquire, renovate and stabilize a mixed-use multifamily property...
RED Capital Group continues to grow their small balance lending platform
RED Mortgage Capital, LLC, the Mortgage banking arm of comprehensive capital provider RED Capital Group LLC., continues to grow its Small Balance Loan (SBL)...
TruAmerica Multifamily continues to build its Phoenix, AZ portfolio with acquisition of two Tempe...
TruAmerica Multifamily, in joint venture with an institutional capital partner, has acquired a two-property, 472-unit apartment portfolio in Tempe, AZ for $67.3 million increasing...
Prism Launches Dunellen Station with demolition of obsolete industrial facility
Prism Capital Partners has launched Dunellen Station, the redevelopment of the former Art Color industrial facility into a mixed-use, transit-oriented community. The Bloomfield, N.J.-based...
HUD reports homelessness unchanged in U.S. in 2018 with notable declines among veterans and...
Homelessness in the U.S. remained largely unchanged in 2018, according to the latest national estimate by the U.S. Department of Housing and Urban Development...
Marcus & Millichap arranges sale of apartment building in Chicago’s Wicker Park
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...
CA Ventures announces new property management company, promotion of key executive
CA Ventures, a U.S. real estate investment holding company, today announced the expansion of its property management services under a new entity, CA Management...
Nexus Commercial closed on the sale of Meadows Pointe and Aspen Creek Apartments
Nexus Commercial Realty, LLC, has closed on the sale of Meadows Pointe and Aspen Creek Apartments, a two-property portfolio in Colorado Springs that totals...
Spyglass Hill Apartments completes two-phase, $1.2 million renovation project
Spyglass Hill Apartments—an iconic 573-unit Denver apartment community, serving approximately 1,500 residents—has completed a $1.2 million, two-phase renovation project, to provide enhanced lifestyle amenities...
Ginnie Mae MBS Outstanding increases to $2.033 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November. A breakdown of November issuance includes $32.192 billion of...
Marcus & Millichap arranges sale of 144-unit apartment property in Belleville, Ill.
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...
