A team comprising LV Collective and Kayne Anderson Real Estate has closed on a refinancing of a student housing venture near the Georgia Tech Campus. The project, called Rambler Atlanta, is a 798-bed student housing community in midtown Atlanta.
Canyon Partners Real Estate provided the senior loan in a deal arranged by TSB Capital Advisors.
Commercial Edge reports that previous financing for the 215-unit property includes a $95.3 million construction loan from Pacific Life Insurance Co.
Completed in 2025, the 19-story property is at 736 Peachtree St. NE, close to the university and Technology Square. The unit mix comprises studio, one-, two-, four-, five- and six-bedroom floorplans ranging from 388 to 1,909 square feet, along with almost 3,000 square feet of retail space.
All apartments have private balconies or patios. Common-area amenities include a café, swimming pool, hot tub, fitness center, yoga room and sauna. The property also has resident lounges, coworking and study spaces.
Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...
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Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...
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JLL Capital Markets arranged $135 million in construction financing and joint venture equity for the development of The Ibex at Ridge Hill, a 282-unit luxury multifamily community at the Ridge Hill mixed-use lifestyle center in Yonkers. Senior managing directors Evan Pariser and Aaron Niedermayer and director John Lowe arranged the senior construction loan with Bank...
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