News

Taylor Morrison Purchases Kirkland Site for $27M, Plans Townhomes Development

Seattle & Northwest + Apartment Buildings

National homebuilder Taylor Morrison has purchased Rose Hill Village, a vacant shopping center in Kirkland, for $27 million to build townhomes. The new townhome development will be called Rose 85, and the project is scheduled to be completed by late 2027. Taylor Morrison paid $27 million for the 3.42-acre Rose Hill Village at 12631 NE...

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Affinius Capital Originates $130M Construction Loan for Chicago MF Development

Chicago & Midwest + Apartment Buildings

Affinius Capital has originated a $130.4 million construction loan to finance 1000 W. Jackson, a multifamily development located in Chicago’s West Loop submarket. The 25-story development will feature 380 units and more than 21,500 square feet of ground-floor commercial space, pre-leased to ALDI, Inc. The loan was made to a joint venture between Mavrek Development,...

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Endura Starts Work on 324-Unit Boerne Apartment Community

Texas + Apartment Buildings

Endura Advisory Group broke ground on The Oaks of Cibolo Creek, a 324 unit apartment complex in Boerne, Texas. The project will sit on 20 acres about 2.5 miles from the downtown area. Designed by Dallas-based UD Architects, with Franklin Construction, Ltd. as the contractor, the property will feature units averaging 918 square feet, with select...

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Sares Regis Trades Henderson Rental Asset for $41M

Phoenix & Southwest + Apartment Buildings

Authentic Capital Group acquired Miro at the Parc, a 164-unit multifamily community located at 1651 American Pacific Dr in Henderson, NV, in a $41 million transaction. Newmark’s Jonathan Merhaut and Curt Allsop arranged the sale on behalf of seller, Sares Regis Multifamily Investment Management. Newmark’s Lee Redmond and Alec Newman arranged the $24.75 million financing on behalf of Authentic...

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Bascom Buys 370-Unit, Value-Add Project Near Richardson

Texas + Apartment Buildings

The Bascom Group acquired the Jasmine Apartments, a 1980-built 370-unit workforce multifamily community located in North Dallas near the Richardson city line. The Jasmine marks Bascom’s 42nd Texas acquisition. The property was foreclosed on in 2025 by the lender and was marketed by Taylor Snoddy and Eric Stockley of Northmarq’s Dallas investment sales team. MORE Capital,...

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ECA Acquires 20-Property Texas Multifamily Portfolio

Texas + Apartment Buildings

Elowen Capital structured and sourced $101 million in total capitalization for ECA’s acquisition of a 20-property, 1,576-unit multifamily portfolio spanning 13 cities across Texas. The capitalization combines $94.2 million in senior and stretch senior bridge debt across two independent lenders with $6.7 million in limited partner equity. The debt consists of interest-only bridge loans provided...

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ESJ Pays Nearly $30M for Kannapolis Rental Community

Atlanta & Southeast + Apartment Buildings

Pickering & Co. Real Estate has offloaded The Bridge of Cabarrus, a 144-unit project the company built in Kannapolis in 2021. ESJ Capital Partners paid $29.5 millon for the apartment complex. The Atlanta Business Chronicle reports Pearlmark provided $19.9 million in financing for the acquisition. Brian Gaswirth, Brad Woolard and Luke Maganas of JLL Capital...

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Iconic Hollywood Building Site Makes Way for Apartment Units

Atlanta & Southeast + Apartment Buildings

For more than a decade, the Hollywood Bread Building at 1770 S. Young Circle sat vacant, once a revered structure in Hollywood. BTI Partners bought the property, demolished the aging building and replaced it with 362 residences and 15,407 square feet of ground-floor retail. The newly opened structure is fully leased. BTI Partners and partner...

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