News
CBRE Facilitates $56M Sale of Puyallup Apartment Homes
CBRE arranged the $56.45 million sale of Alderra Apartment Homes, a 200-unit garden-style multifamily community in Puyallup. CBRE’s Eli Hanacek, Mark Washington, Kyle Yamamoto and Natalie Kasper represented the seller, Auctus Capital Partners. Located at 13507 99th Avenue E in Puyallup, Alderra Apartment Homes was built in 2003 with one- and two-bedroom floorplans as well...
Learn more
Loveland Apartment Owner Obtains $61.7M Refi
Buckingham Cos. has obtained $61.7 million in refinancing for the 353-unit Plat 10 at the Ranch in Loveland, Colo. ACRE provided a floating-rate, interest-only bridge loan to refinance the existing construction funds. Plat 10 was backed by a $61.7 million construction loan originated by Bank OZK in 2022. Plat 10 at the Ranch is at...
Learn more
Ares Planning Apartment Venture at Plaza Midwood
Ares Management Corp. closed on the Plaza Midwood property in Charlotte. Ares paid $18.5 million for the 2.5-acre site at 1817 Central Ave. The Charlotte Business Journal reports the company plans to build a multifamily project with 340 units on the property. Built in the mid-1930s as an elementary school, the building was converted into the...
Learn more
The Allen Adding $12M Parking Garage
While the project is best known for its high-end retail condo units, DC Partners has not forgotten about the retail users in the project. The Houston Business Journal reports that the mixed-use development along Allen Parkway will soon feature a new $12 million parking garage to serve its retail offerings. The Allen development is home...
Learn more
Buckingham Inks Refi on Durham Rental Community
Buckingham Cos. has obtained $36 million in refinancing for the 240-unit Plat 4 at Research Triangle in Durham, N.C. Commercial Edge reports ACRE provided the floating rate, interest-only bridge loan to refinance the existing construction funds that were provided by Stifel in 2021. Plat 4 at Research Triangle came online last year and sits on...
Learn more
MSquared Reaches First Close on Second Mixed-Income Development Fund
MSquared, a women-owned real estate investment and development platform, announced a $139- million first close for its Equitable Housing Solutions Fund II (EHSF II), which will invest in the development of mixed-income, mixed-use projects in cities nationwide. Headquartered in Lower Manhattan, MSquared raised capital from repeat and new partners, including anchor investor Citi Community Capital, Bank of America,...
Learn more
Methuen Sale Illustrates Multifamily Demand in Merrimack Valley
Marcus & Millichap arranged the sale of Ashton Place Apartments, a 30-unit multifamily property located at 11 Ashton Pl. in Methuen, MA. The property sold for $7.1 million. “The Merrimack Valley multifamily market continues to have strong demand from investors throughout the region,” said Evan Griffith, senior managing director. “High occupancy and limited new supply in...
Learn more
R.D. Olson Completes Affordable Seniors Project in San Diego
R.D. Olson Construction has completed Kettner Crossing, a $30-million affordable housing complex in San Diego, for developer BRIDGE Housing. The urban infill project will provide 64 units to seniors who earn between 30% and 60% of Area Median Income (AMI). Located at 1590 Kettner Blvd., the eight-story housing complex was built with four stories of...
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