DCHFA Finances New Affordable Senior Housing and Grandfamily Development in Ward 7
The District of Columbia Housing Finance Agency (DCHFA) issued $25.9 million in tax exempt bonds, underwrote $21.4 million in federal Low Income Housing Tax Credit (LIHTC) equity and $4 million in District LIHTC equity...
Panepinto Properties Breaks Ground on 53-Story Tower in Jersey City
Panepinto Properties, a central player in shaping Jersey City’s real estate landscape for nearly five decades, reaffirmed its pivotal role in the city’s ongoing growth and vitality by breaking ground on a soaring 53-story...
$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Aiya, a 360-unit multifamily asset in Gilbert, Arizona. The property sold for $112 million, or $311,111 per unit.
“Gilbert has one...
Cushman & Wakefield Arranges Sale of The Park at Via Teano
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Park at Via Teano, a 208-unit multifamily community located at 1400 Hancock Boulevard, Daytona Beach, Florida.
Mike Donaldson...
Institutional Property Advisors Arranges $62 Million Acquisition Financing for Northern California Multifamily Asset
IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $62,139,000 in acquisition financing for DUO Apartments, a 301-unit multifamily asset in San...
CP Capital US Announces Sale of ‘The Monarch’ in Des Plaines, Illinois
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, today announced the sale of The Monarch: a 236-unit, four-story, wrap-style multifamily community in the Chicago suburb of Des Plaines, Illinois.
The project,...
Cityview and Stockbridge Commence Construction on 265-Unit Multifamily Development in Los Angeles
Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay. Slated...
Leasing Office Now Open for Ari on Fourth Apartments in Downtown Tucson Arizona
The Opus Group today announced the leasing office is now open for Ari on Fourth Apartments, the new mixed-use project in downtown Tucson, Arizona. The leasing office address is 218 North Fourth Avenue, directly across from...
Sentral to Open Three New Residential Hospitality Communities in Los Angeles and Philadelphia
Sentral, the leading full-building residential hospitality operator, today announced that it will manage three new luxury residential communities in Los Angeles: Figueroa Eight (744 S Figueroa Street, Los Angeles), developed by Mitsui Fudosan America,...
Anthem Breaks Ground on Garland Transit Oriented Redevelopment
Anthem Development, a Beck Ventures Company, broke ground on the first phase of redevelopment for the new Transit-Oriented District surrounding Dallas Area Rapid Transit’s (DART) Lake Ray Hubbard Station in Garland. This first phase...
The Ludlow at Heritage Creekside Now Leasing
Rosewood Property Company is now leasing The Ludlow, a 326-apartment-home, award-winning community located on Belpree Drive within the Heritage Creekside master-planned community in Plano, Texas. In partnership with MetLife Investment Management, the four-story multifamily...
KWA Construction Celebrates Topping Out Milestone for Lyle in Far North Dallas
KWA Construction, a leading general contractor specializing in multifamily developments throughout Texas, has celebrated the construction milestone of 'topping out' at Lyle, located at 17727 Addison Road in Dallas. Lyle is a five-story, 334-unit...
Gelt Venture Partners Acquires 125-Unit Apartment Property for $63.15 Million in Placentia, California
Gelt Venture Partners, LLC is pleased to announce it has acquired Union Place for $63.15 million. The 125-unit apartment property is located at 1500 Cherry Street in Placentia, CA (north Orange County).
Built in 2012,...
Institutional Property Advisors Brokers Tampa Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Captiva Club, a 361-unit, garden-style multifamily property in Tampa, Florida.
“The inflow of capital into Florida continues to be very strong,”...
Berkadia Arranges $14.3M Sale of Approved Development Site in Downtown Coral Gables, Florida
Berkadia announces it has arranged the sale of 1715 Douglas, an 0.87-acre development site in the heart of Downtown Coral Gables, within walking distance to Miracle Mile, six million square feet of office space...
