Tag: News
Tower Capital arranges $88.5 million in construction financing for another Empire Group BTR community...
Tower Capital, one of the nation’s leading structured finance firms in the commercial real estate lending space, arranged $88.5 million in construction financing for...
MG Developer secures $67.5 million construction loan for The Village at Coral Gables
MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated...
Kidder Mathews arranges record-breaking sale of multifamily property in Sherman Oaks
An eight-unit apartment property at 4737 Kester Avenue in Sherman Oaks, California has sold for $3,600,000. This marks a record-high price-per-unit for a rent-controlled...
Cushman & Wakefield completes sale, Greystone finances North Charleston’s Retreat at Palm Pointe multifamily...
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for, respectively, Retreat...
Newmark arranges sale of student housing asset serving Washington University in St. Louis, Missouri
Newmark announces it has completed the sale Everly on the Loop, a 209-unit, 428-bed student housing asset serving Washington University in St. Louis, Missouri. Newmark...
Berkadia arranges sale and financing of Aurora, Colorado Apartment Community to Trion Properties
Berkadia has arranged the sale and financing of Trailpoint on Highline, a 198-unit apartment community located in Aurora, Colorado. Managing Director Nick Steele and...
Interra Realty brokers $7.54 million multifamily portfolio sale on Chicago’s South Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a two-building, 79-unit multifamily portfolio in Chicago. The...
Mesa West Capital funds $71.5 million loan to refinance suburban Charleston, SC multifamily community
Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a...
BH Properties plans billion dollar investment in affordable housing
BH Properties (BH) has launched a new investment initiative into affordable housing with a goal of ultimately building a $1 billion portfolio of assets....
FCP announces acquisition of 220-unit, Avana Cypress Creek Apartments in North Lauderdale, Florida
FCP announces the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, Florida. The 220-unit, Class A community was...
CBRE arranges sale of 17-unit multifamily community in Westminster, Calif., for $6 million
CBRE arranged the sale of a 17-unit multifamily property in Westminster, Calif. The sale price was $6 million, representing $352,941 per unit and $415 per...
Levin Johnston facilitates six multifamily transactions totaling nearly $19 million in California Bay Area...
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...
Institutional Property Advisors brokers Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Marlowe, a 53-unit apartment asset in Phoenix, Arizona. The...
Uncertain economic conditions continue to impact multifamily businesses
The June edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity found that multifamily development and construction firms continue to face...
DCHFA finances the rehabilitation of 394 affordable apartments in Ward 8
The District of Columbia Housing Finance Agency (DCHFA) issued $63.2 million in tax exempt bonds for the substantial rehabilitation of Worthington Woods Apartments on...