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News
Northmarq Arranges $23.5M Northern California Sale - Multifamily & Affordable Housing Business
1+ week, 4+ hour ago (127+ words) Northmarq Arranges $23.5M Northern California Sale Multifamily & Affordable Housing Business Northmarq Arranges $23.5M Northern California Sale UKIAH, CALIF. — Northmarq has brokered the $23.5 million sale of a two-property portfolio in Ukiah, 115 miles north of San Francisco. The properties are Sierra Sunset Village (68 units)…...
Knightvest Capital Buys Three-Property Portfolio in Northwest Austin
1+ week, 2+ day ago (155+ words) Multifamily & Affordable Housing Business Knightvest Capital Buys Three-Property Portfolio in Northwest Austin AUSTIN, TEXAS — San Antonio-based Lynd has sold a three-property portfolio in Northwest Austin to Dallas-based Knightvest Capital for an undisclosed sum. Newmark’s Patton Jones and Andrew Dickson represented…...
RMS Cos. Sells 51 South in White Plains for $64.3M
1+ week, 2+ day ago (109+ words) Multifamily & Affordable Housing Business RMS Cos. Sells 51 South in White Plains for $64.3M WHITE PLAINS, N.Y. — RMS Cos. has sold 51 South Apartments in White Plains to Los Angeles-based CIM Group for $64.3 million. CBRE’s Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer and…...
CBRE Arranges $30M Sale of Brookly Property
2+ week, 3+ day ago (100+ words) Multifamily & Affordable Housing Business CBRE Arranges $30M Sale of Brookly Property NEW YORK CITY — CBRE has brokered the $30 million sale of 59 Bogart Street, a 51-unit building located in the East Williamsburg section of Brooklyn. The CBRE team of Robert Shapiro and…...
Canyon Partners Provides $74.4M Construction Loan for Inland Empire BTR Project
2+ week, 3+ day ago (147+ words) Multifamily & Affordable Housing Business Canyon Partners Provides $74.4M Construction Loan for Inland Empire BTR Project RIVERSIDE, CALIF. — Canyon Partners and J.P. Morgan have provided a $74.7 million construction loan for a ground-up, rental townhome development project in Riverside’s Mission Grove neighborhood. The…...
Freestone Capital Acquires 106-Unit Seattle Asset for $32.2M
2+ week, 3+ day ago (139+ words) Multifamily & Affordable Housing Business Freestone Capital Acquires 106-Unit Seattle Asset for $32.2M SEATTLE — PrivatePortfolio Group has sold Aperture on Fifth, a 106-unit community in the Denny Triangle neighborhood of Seattle, to Freestone Capital for $32.2 million. Both parties are based in Seattle....
Cross Street, Mavrek Launch Leasing at Chicago’s Belmora
2+ week, 5+ day ago (150+ words) Multifamily & Affordable Housing Business Cross Street, Mavrek Launch Leasing at Chicago’s Belmora CHICAGO — Cross Street and Mavrek have begun preleasing at Belmora, a 46-unit community at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood that includes 5,700 square feet of ground-floor retail…...
Mesa Capital Partners Acquires Satori Town Center in Jacksonville
3+ week, 3+ day ago (117+ words) Multifamily & Affordable Housing Business Mesa Capital Partners Acquires Satori Town Center in Jacksonville JACKSONVILLE, FLA. — Mesa Capital Partners has acquired Satori Town Center in Jacksonville. The seller and sales price were not disclosed. The 289-unit community was built in 2021 by…...
Vivmark Becomes Nation’s Largest Apartment REIT
2+ week, 6+ day ago (238+ words) CHICAGO and ARLINGTON, VA. — AvalonBay Communities and Equity Residential have completed their merger, creating Vivmark Residential, a new real estate investment trust, which began trading on the New York Stock Exchange under the ticker symbol VMRK on Aug. 18. With a…...
Marcus & Millichap Arranges $20.4M Sale in Chicago’s Lincoln Park
3+ week, 3+ day ago (94+ words) Multifamily & Affordable Housing Business Marcus & Millichap Arranges $20.4M Sale in Chicago’s Lincoln Park CHICAGO — Thesis Investment Group has sold 1515 N. Fremont Street in Chicago’s Lincoln Park neighborhood to Beal Properties for $20.4 million. Marcus & Millichap’s Kyle Stengle represented the seller and procured…...