Affinius Capital LLC closed on a $148.5-million loan to refinance 800 Broadway, a Class A, highrise multifamily property in San Diego featuring 389 units and 4,830 square feet of commercial space. The loan was made to an affiliate of Diamond Realty Investments, Inc. and was arranged by a Northmarq team led by James Currell. “800...
Learn more
Berkadia closed the $60.8-million refinancing of Waterfall Hills at Canton, a garden-style multifamily property located at 55 Waterfall Dr. in Canton, MA. Managing director Robert Lipson of Berkadia New York secured the loan through Freddie Mac on behalf of the sponsor, Boston-based Chestnut Hill Realty Investments. “Chestnut Hill Realty, Freddie Mac, and Berkadia share a...
Learn more
Despite volatility stemming from changes in U.S. trade policy over the past two weeks that affected the outlook of multifamily industry executives, market sentiment captured in the National Multifamily Housing Council’s (NMHC’s) latest Quarterly Survey of Apartment Market Conditions largely pointed to improvements over the past three months. The Debt Financing, Sales Volume and Market...
Learn more
Legacy Partners, a privately held national real estate firm, partnered with DWS Group, a leading global asset manager, to announce the start of construction for Soto, a 200-unit apartment community in Torrance. It represents the fourth project on which Legacy and DWS have teamed. Located at 3863 Carson St. adjacent to Del Amo Fashion Center, the five-story community’s exterior...
Learn more
The partnership of Ailanthus, BEB Capital and SK Development revealed new project renderings for One Sunset, a 193,000-square-foot, 14-story, 187-unit mixed-income housing and retail development located at 201 E. 25th St. in Brooklyn’s Sunset Park neighborhood. To accompany the release of the new imagery, One Sunset’s teaser website has launched. “We are thrilled to unveil this ‘first look’ at One Sunset, our...
Learn more
Oxford Capital Group has acquired eleven seniors housing properties totaling 489 units in the Minneapolis area and northern Minnesota. An affiliate of Oxford acquired the properties from an independent operator. Oxford’s senior housing management affiliate, Oxford Living US, LLC, will manage the properties. Oxford will invest several million dollars in the coming years, enhancing the...
Learn more
Tishman Speyer has acquired Two South Willow, a 200-apartment building located in downtown Montclair, NJ, 12 miles west of Manhattan. The company paid $96,150,000 for the 172,279-square-foot multifamily property, located at 2 S. Willow St. Completed in 2021, the property features 180 market-rate and 20 affordable units ranging in size from studio to two bedrooms. “Two...
Learn more
Berkadia’s Managing Director, Jay Healy, and Director, Andrew Lanzaro of Berkadia Seniors Housing & Healthcare, have closed a $102 million bridge loan in partnership with Live Oak Bank for The Park at University Village and The Inn at University Village, a 263-unit independent and assisted living community located in Vancouver, Washington. The community, which opened...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California