News
Marcus & Millichap Closes Sale of 31-Unit Distressed Multifamily in DC
Marcus & Millichap completed the sale of a 31-unit multifamily property in Congress Heights, Washington, D.C. The property, part of an eight-property portfolio, was sold through a Chapter 11 bankruptcy process subject to United States Bankruptcy Court approval. “This sale represents the first time in the property’s history that it has changed hands, and it...
Learn more
Transwestern Kicks off Next Phase of The RO
Transwestern started construction on the next phase of The RO. This mixed-use development on 17 acres at the intersection of West Alabama and Buffalo Speedway features The Birdsall, Auberge Collection, Houston’s first Auberge-branded hotel and residences; 80,000 square feet of restaurants and boutique retail; The Clayton, a 317-unit luxury multifamily community; and office space. The RO’s...
Learn more
Ryan Building 175K-SF Addition to Friendship Village Tempe
Construction is underway on the third phase of a master planned renovation on the 50-acre campus of Friendship Village Tempe. An existing structure will be removed to make room for a new five-story, 175,900-square-foot building, which is being designed and built by Ryan Companies, developed by LCS Development, and upon completion, managed by LCS. The...
Learn more
Scale Closes on $460M Financing for Two Miami Rental Communities
SCALE Lending, the debt financing arm of Slate Property Group, finalized a $460 million cross-collateralized facility for the Namdar Group, for two 43-story multifamily buildings located in downtown Miami, FL. The facility will be comprised of a $230 million bridge loan for the completion and lease-up of 55 NE 2nd Street (Phase 1), which contains 680...
Learn more
Ytech Secures $565M Loan for Brickell Residences
Ytech secured $565 million in construction financing from J.P. Morgan (NYSE: JPM) and Sculptor Real Estate for The Residences at 1428 Brickell, a 70-story residential condominium tower already under active construction and more than 60 percent sold. J.P. Morgan provided financing as the senior lender, with Sculptor Real Estate as the junior lender for the development. Melissa Rose and Brian...
Learn more
S3 Capital Lends $81M for Greenpoint Condo Project
S3 Capital said Monday it closed on an $81-million construction loan for the development of 19-29 Clay St., a 68-unit luxury condominium property with approximately 14,000 square feet of ground-floor retail space located in Brooklyn’s Greenpoint neighborhood. The project is being developed by Investmates, which specializes in condo construction in Greenpoint and Williamsburg The 14-story development will...
Learn more
Inland Empire Multifamily Duo Trades for $41M
CBRE finalized the $41.1-million sale of two Inland Empire multifamily communities: Springbrook Park Apartments, a 120-unit property located at 1100 N. Orange St. in Riverside, and Mayfield Park Apartments, an 83-unit property located at 345 W. 41st St. in San Bernardino. The firm’s Eric Chen, Blake Torgerson and Kevin Sin represented both the buyer and seller. Ryan Wilkinson with CBRE’s Debt &...
Learn more
JLL Arranges $97M Financing for Portsmouth Multifamily
JLL Capital Markets arranged $96.8 million in construction financing for Prescott Post, a 360-unit Class A multifamily development in Portsmouth, NH. Senior managing director Brett Paulsrud, managing director Andrew Gray and VP Hugh Doherty represented Eastern Real Estate and The Kane Company in securing a construction loan through Truist Bank. Set on 26 acres, the 100% market-rate project is proximate to Pease International Tradeport,...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout