IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, secured $123 million in debt financing for a 268-unit luxury multifamily property in Burlingame. Brian Eisendrath, Cameron Chalfant, Anita Paryani-Rice and Jesse Zarouk of IPA Capital Markets in Los Angeles secured a five-year loan on behalf of...
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Range Group announced the start of pre-leasing at 465 Carpenter, a new 72-unit luxury apartment community located at 465 N. Carpenter St. on the border of Chicago’s Fulton Market and West Town neighborhoods. Cross Street is overseeing the leasing and marketing firm for the property. The five-story boutique community offers studio, convertible, one-bedroom and two-bedroom residences....
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Red Oak Capital Holdings, LLC, has provided $11.10 million in financing for the acquisition and capital improvements of Cottages of Clayton, a 90-unit assisted living community located in Dayton, Ohio. Structured under the firm’s Core-Plus Bridge Loan Program, the loan carries an 18-month initial term and a loan-to-stabilized value of 69%. The interest-only loan was...
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Brixton Capital has obtained a $40.9 million acquisition loan to purchase Allura Las Colinas, a 288-unit multifamily property in Irving. The Connor Group was the seller. JLL represented Brixton in securing the non-recourse, fixed-rate loan through a life insurance company. JLL Capital Market’s Debt Advisory team, representing the borrower, was led by Aldon Cole, Tony Nargi,...
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Mattamy Homes has acquired a 153-acre land parcel in southeast Calgary with plans to develop a future residential community there. The acquisition gives the homebuilder a presence in all four quadrants of the city, providing an opportunity for the company to develop its first community in the southeast. The land is located in the emerging...
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RealINSIGHT Marketplace, in partnership with Colliers, is marketing a 20-acre parcel in southeast Austin for auction. The Federal Home Loan Mortgage Corporation (Freddie Mac) owns the property. As the property’s lender, Freddie Mac took back the property from the owner who was in default. The auction is scheduled for June 24, with a starting bid of...
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Tishman Speyer reached the first close on its Korea Living Venture (KLV), securing US$300 million in third-party equity commitments from two blue-chip European pension funds for a new fund dedicated to acquiring, repositioning and developing multifamily and accommodation properties throughout Seoul. The commitments from APG Asset Management N.V. and Bouwinvest provide a strong foundation for...
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Kennedy Wilson has formed a new residential joint venture with APG, on behalf of Dutch pension fund ABP, among others, to create a €2 billion (approximately US$2.31 billion) residential development and asset management platform in Ireland. The venture will encompass more than 3,400 private rented homes across both operating and development assets. Upon completion of...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
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