Core Spaces, Harrison Street Score Refi on Princeton BTR Community
A joint venture between Core Spaces and Harrison Street Asset Management closed on a refinancing of a 408-unit build-to-rent community in Princeton, Texas. Multifamily News reports the note retires a previous $86 million construction loan issued by Western Alliance Bank in 2023,
Newmark’s Jonathan Firestone, Blake Thompson, Clint Frease Travis Bailey and Josh Francis secured the latest financing, provided by GID.
Oxenfree Princeton is located along the U.S. 380 corridor in North Dallas. It’s a mix of townhomes and detached single-family homes, each with private outdoor space and an attached garage. Oxenfree Princeton comprises a mix of townhomes and detached single-family houses, with layouts ranging from two- to four-bedroom floorplans averaging 1,572 square feet.
At the center of the community is The Fieldhouse, a hospitality-inspired amenity hub featuring a resort-style pool, fitness center, sports court and coworking spaces.
Connect Texas Multifamily in Dallas on August 13 brings together the owners, developers, brokers, investors, and lenders shaping the future of Texas multifamily for a day of market intelligence, networking, and actionable insights. Join 300+ decision-makers and be part of the conversations driving the Texas multifamily market. Register today: www.ConnectTXMF2026.com.
Other News
JLL Arranges Financing for Lightstone Acquisition on Upper West Side
JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
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National City Investment Group Commences Workforce Housing Build
The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
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Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets
Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout