Tag: News
Institutional Property Advisors brokers multifamily asset sale in Greater Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina,...
Rents and transactions continue to fall
Apartment market conditions weakened in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for January 2023, as the Market Tightness...
Builder confidence uptick signals turning point for housing lies ahead
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in...
Marcus & Millichap closes the sale of a 39-unit apartment building for $6.235 million...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Breezy...
Berkadia arranges sale and finance of garden-style multifamily community in North Houston
Berkadia announces it has arranged the sale and finance of Cypress Parc, a 200-unit garden-style multifamily community in Houston, Texas. Managing Directors Chris Young...
Student-housing sees record-shattering transaction volume at 2022 year-end
Student housing has set an all-time high in transaction volume for 2022 with an annualized total of $18.9 billion, significantly surpassing the previous year-end...
PEF Advisors acquires affordable apartment community for Seniors in Chicago
Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its...
Interra Realty brokers $11 million sale of TOD in Chicago’s Fulton River District
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 36-unit transit-oriented multifamily property in the Fulton...
Marcus & Millichap announces the sale of 105-room hotel in Jacksonville, Florida for $5.5...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Days...
Ariel Property Advisors announces sale of adjacent Upper West Side multifamily buildings for $16.2...
Ariel Property Advisors has arranged the sale of two adjacent, six-story mixed-use buildings at 992-1000 Amsterdam Avenue on the Upper West Side near Columbia...
Interra Realty brokers sale of 130-unit Chicago multifamily portfolio
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 130-unit mixed-use multifamily portfolio in Chicago’s Hyde...
$24.26 million construction financing arranged for Denver multihousing project
JLL Capital Markets announced that it has arranged the $24.26 million construction financing for the development of 32nd and Eliot Apartments, a 124-unit, Class A,...
Interra Realty brokers $13 million sale of 84-unit property in suburban Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of an 84-unit multifamily portfolio in Oak Lawn, Ill.,...
iBorrow provides $17 million in refinancing for two mid-renovation multifamily assets in Southern California
iBorrow, a nationwide private direct lender for commercial real estate, has provided a $17.38 million refinance loan on two mid-renovation multifamily communities located in Southern...
Amir Eshkol promoted to Chief Construction Officer at TruAmerica Multifamily
TruAmerica Multifamily has promoted Amir Eshkol to the newly created position of Chief Construction Officer, announced CEO Robert Hart. Since joining the firm in October...
