Tag: News
JLL arranges $375 million in financing for generational mixed-use property in San Diego
JLL announced that it has arranged an eleven-year, non-recourse secured loan for $375 million, provided by New York Life Insurance Company and on behalf...
GFI Realty Services advises on the $115-million sale of 440-unit garden apartment complex in...
GFI Realty Services, LLC announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Drive...
New Jersey apartment community trades
JLL Capital Markets announced that it closed on the sale of Addison at Princeton Meadows, a 440-unit, garden-style multihousing community located in Plainsboro, New...
NMHC welcomes Bernard Fulton as VP for Housing Policy and Regulation and Latoya Lovick...
The National Multifamily Housing Council (NMHC) is pleased to announce that Bernard Fulton has joined NMHC as Vice President for Housing Policy and Regulation;...
Stepp Commercial Group completes $7.165 million sale of a newly renovated 18-unit apartment property...
Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $7.165 million sale of Park Villa Apartment Homes,...
Gebroe-Hammer Associates inks sale of generationally owned multifamily asset in Elizabeth, NJ
Gebroe-Hammer Associates has arranged the sale of a 126-unit, garden-apartment community with generational ownership of 40+ years in Union County, N.J.’s City of Elizabeth....
JLL Capital Markets promotes Elizabeth DeVesty to production
JLL Capital Markets announced that Elizabeth DeVesty has been promoted to Director with New Jersey’s multihousing investment sales team. DeVesty will work alongside Senior Manging Directors...
Mercy Community Capital announces new president
Mercy Community Capital is excited to announce Stefanie Joy as the new President of the national Community Development Financial institution. Joy will replace Jason...
Chris Gandy appointed to lead JLL’s Salt Lake City Capital Markets team
JLL Capital Markets announced that it has appointed Senior Managing Director Chris Gandy to lead its Salt Lake City Capital Markets team. Gandy will oversee the...
NMHC encouraged following HUD meeting on expanding housing supply
Yesterday, NMHC President Sharon Wilson Géno participated in a roundtable discussion with HUD leaders, housing providers and other housing stakeholders on policy solutions to...
$34.625 million refinancing arranged for West St. Paul multihousing community
JLL Capital Markets announced that it has arranged the $34.62 million refinancing of Savor Apartments, a 200-unit, mid-rise, market-rate multihousing community located in West...
Excelsa Properties acquires $105.5 million multifamily community in Laurel, Maryland
Excelsa Properties announced that it has acquired Concord Park at Russett, a 335-unit multifamily property located at 7903 Orion Circle in Laurel, Maryland. The...
Forman Capital provides construction financing for Townhome Rental Project in Austin Market
Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, funded a $19.496 million construction loan and preferred equity investment...
MassHousing closes on $13.3 million in affordable housing financing for the acquisition and renovation...
MassHousing has closed on $13.3 million in affordable housing financing to Van der Heyden Apartments Limited Partnership for the acquisition, renovation and extension of...
West Shore acquires Atlas Bluewood Apartments in Dallas-Fort Worth market
West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets, announced its acquisition...