News

Work Underway on Two Denver Towers

Phoenix & Southwest + Apartment Buildings

Work has started on two high-rises at the Denver Tech Center. Ground has been broken on the first tower, which will be 22-stories and construction is expected to take two years. The second tower, 21 stories tall, will include an approximately 11,000-square-foot market, 314 apartment units, a pool, hot tub and outdoor kitchen. The area...

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Hines, Diversified Obtain Refi on Dallas Apartment High-Rise

Texas + Apartment Buildings

Northmarq’s Debt + Equity team, led by Kevin McCarthy, Jeff Frankel and Alex Czachor, secured a $129.7 million refinancing for The Victor, a 344-unit luxury high-rise located in the Victory Park neighborhood of Dallas, Texas. Built in 2020, the tower rises 39 stories. The permanent, fixed-rate loan was arranged through Northmarq’s Fannie Mae DUS platform on behalf of the...

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AMLI Wraps Up Latest Mueller Apartment Project

Texas + Apartment Buildings

AMLI Residential completed its latest addition—AMLI North Park—to the AMLI Mueller Apartment Collective, a 700-acre mixed-use neighborhood developed on the former site of the Robert Mueller Municipal Airport in Austin, Texas. This latest delivery is the fourth of five separate AMLI apartment communities. The final community, AMLI Park Central, is scheduled to open in spring 2026....

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Mill Creek Spins Off Miami Apartments for $73.5M

Florida & Gulf Coast + Apartment Buildings

Mill Creek Residential and Rockwood Capital sold the Modera Skylar, a 263-square-foot apartment complex at 1444 N.W. 14th Ave. for $73.5 million to a buyer managed by DRA Advisors. The South Florida Business Journal reports that JLL Real Estate Capital provided a $60.5 million mortgage to the buyer. Totaling 498,269 square feet on a 1.75-acre...

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Investor Trio Inks $56.6M Refi for Hillsborough County Rental Community

Florida & Gulf Coast + Apartment Buildings

Investors of a 300-unit Tampa-area apartment development obtained a $56.62 million loan from Mesa West Capital to recapitalize The Easton Riverview, a garden-style Class A multifamily community located in South Hillsborough County, approximately 30 minutes south of downtown Tampa, Florida.  Scott Wadler and Mitch Sinberg of Berkadia Boca Raton and Miami, along with Bryan Brown...

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Clark Ventures Picks Up 296-Unit Sandy Springs Property

Atlanta & Southeast + Apartment Buildings

Clark Ventures paid $69.5 million for a 13-acre multifamily property in Sandy Springs. The Atlanta Business Chronicle reports the apartment complex was last sold in 2019. Broadtree Real Estate bought it for $69.2 million. Formerly known as Aspire Perimeter, the property has since been rebranded as Park at the Hill and features 296 apartment units with one-,...

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MMCC Arranges Construction Loan for Rancho Cucamonga Mixed-Use

California & West + Apartment Buildings

Marcus & Millichap Capital Corporation (MMCC) arranged $64 million in financing for the construction of a mixed-use multifamily, retail and commercial development project located at 8500 Haven Ave. in Rancho Cucamonga. Ron Balys, senior managing director in MMCC’s Orange County office, secured the financing with Parkview Financial on behalf of a private developer. “Over the course...

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POAH Installs Solar at Two Massachusetts Affordable Complexes

Boston & New England + Apartment Buildings

Nonprofit Preservation of Affordable Housing (POAH) recently received the green light from Eversource to operate its newly installed rooftop solar panels at its family affordable housing development in Bourne, MA, following a Gap Energy Grant from the Massachusetts Department of Environmental Protection. The rooftop solar system at High Meadow Townhomes was facilitated by POAH’s partner grantee, Housing...

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