Tag: News
The Mogharebi Group secures $25.2 million for sale of 97-unit apartment community in Modesto,...
The Mogharebi Group (TMG) has arranged the $25.2 million sale of Trails at 2112 Apartments, a turnkey 97-unit multifamily community in the Central Valley...
Marcus & Millichap arranges the sale of a 27-unit North Miami Beach multifamily portfolio
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 27-unit apartment...
Class A multihousing development in Colorado Springs secures construction financing
JLL Capital Markets announced that it has secured construction financing for The Hunter, a 214-unit, Class A multihousing project located in Colorado Springs’ New...
Avison Young completes $37.5 million refinancing of a 178-unit apartment community in Orlando, Florida
Avison Young Capital Markets lead Principals Jay Maddox and Peter Sherman and Miami-based Principal George Vail have arranged the $37.5 million refinancing of Azul...
Cushman & Wakefield arranges sale of Lively Victor Park located in emerging South Carolina...
Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of Lively Victor Park, a 318-unit multifamily community located in...
JLL arranges $262 million financing for the development of luxury condominium tower in Miami
JLL’s Capital Markets group announced that it has secured the $262 million construction financing for E11EVEN Residences Beyond, a 65-story condominium development in Miami, Florida....
JLL arranges $520 million capitalization for waterfront mixed-use development in Brooklyn
JLL’s Capital Markets group announced that it has secured the $520 million capitalization for the development of Sackett Place and Society Brooklyn, an under-construction,...
Sale of student housing community near University of Houston closes
JLL Capital Markets announced that it closed the sale of Vue on MacGregor, a 117-unit / 347-bed student housing community near the University of...
Housing affordability posts solid gain but still much lower from a year ago
Solid nominal wage gains (unadjusted for inflation) combined with lower mortgage rates and home prices helped to boost housing affordability at the start of...
Seth Heikkila returns to JLL Capital Markets’ multihousing team
JLL Capital Markets announced that Seth Heikkila has re-joined the firm’s multihousing team as a Senior Director in the Seattle office. He will focus on multihousing...
PCCP, LLC provides $57 million loan to refinance Metro University City in Charlotte, North...
PCCP, LLC has provided a $57 million loan for the cash neutral refinance of Metro University City, a 309-unit mid-rise multifamily community located at...
Cushman & Wakefield arranges $91 million sale of The Reserve at Sugarloaf in Atlanta’s...
Cushman & Wakefield announced that the commercial real estate services firm arranged the $91 million sale of The Reserve at Sugarloaf, a 333-unit multifamily...
More than 700 residential construction workers discuss housing issues in hill visits
More than 700 builders, remodelers and associates engaged in all facets of residential construction marched on Capitol Hill to call on Congress to take...
The Mogharebi Group closes on two multifamily properties in California’s Central Valley
The Mogharebi Group (TMG) has successfully secured the sale of two Central Valley multifamily communities totaling 102 units in separate transactions valued at $15.6...
PCCP, LLC provides $67.8 million loan for the development of Parkway Crossings, a 309-unit...
PCCP, LLC has provided a $67.8 million loan to Fore Property Company for the ground-up development of Parkway Crossings, a Class A, 309-unit multifamily...