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News
Pebb Capital Obtains $223M Loan for Refinancing of Sundy Village in Delray Beach, Florida
3+ day, 1+ hour ago (153+ words) DELRAY BEACH, FLA. — Pebb Capital has received a $223 million loan for the refinancing of Sundy Village, a seven-acre mixed-use campus under development in downtown Delray Beach, a coastal city in South Florida’s Palm Beach County. Phase I of Sundy Village…...
RISE, University of Tennessee Complete 1,024-Bed Residence Hall
3+ day, 1+ hour ago (142+ words) KNOXVILLE, TENN. — A public-private partnership between RISE: A Real Estate Co. and the University of Tennessee has completed Torchbearer Hall, a 1,024-bed residence hall development on the institution’s campus in Knoxville. The project is Phase II of a larger development…...
TSB Capital Arranges Refinancing for 448-Bed Student Housing Community Near Northern Arizona University
3+ day, 1+ hour ago (230+ words) FLAGSTAFF, ARIZ. — TSB Capital Advisors has secured a refinancing for Commons at Sawmill, a 448-bed student housing community located near the Northern Arizona University campus in Flagstaff. TSB placed a floating-rate loan through Old National Bank on behalf of the…...
Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson
3+ day, 1+ hour ago (234+ words) JACKSON, MISS. — Northmarq has provided a Fannie Mae loan for the permanent financing of The District Lofts, a six-story, 261-unit apartment community located at 120 District Blvd. E in Jackson. Chimnay Bhatt, Cody Kirkpatrick, Noam Franklin and Brian Fisher of Northmarq…...
Laramar Group Acquires 656-Unit Apartment Tower in Chicago
3+ day, 2+ hour ago (260+ words) CHICAGO — The Laramar Group has acquired Eleven Thirty, a 656-unit apartment tower located at 1130 S. Michigan Ave. in Chicago. The purchase price was $166 million, according to local media reports. Originally constructed in 1967, the property rises 43 stories and provides unobstructed views…...
Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property
3+ day, 2+ hour ago (90+ words) rebusinessonline.com Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property CHICAGO — Draper and Kramer Inc. has arranged a $93.5 million loan for the refinancing of The Elizabeth, a 28-story apartment tower at 225 N. Elizabeth St. in Chicago’s Fulton Market. Bill…...
CrestMarc, Midloch Acquire 294-Unit Apartment Complex in Huntsville, Texas
3+ day, 23+ hour ago (233+ words) HUNTSVILLE, TEXAS — A partnership between two investment firms, Dallas-based CrestMarc and Chicago-based Midloch Investment Partners, has acquired The Forum at Sam Houston, a 294-unit apartment complex located about 70 miles north of Houston in Huntsville. The property also functions as student…...
JLL Arranges $112M in Acquisition Financing for Two Seniors Housing Communities in Metro Chicago
4+ day, 1+ hour ago (258+ words) DEER PARK AND BATAVIA, ILL. — JLL Capital Markets has arranged $112 million in acquisition financing through a regional bank for a two-property seniors housing portfolio totaling 330 units in metro Chicago. Sam Dylag of JLL represented the borrower, an affiliate of The Inland…...
Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota
4+ day, 1+ hour ago (181+ words) ROCHESTER, MINN. — Cushman & Wakefield has brokered the $7.3 million sale of Cascade Apartments, a 44-unit property in Rochester. Chris Collins, Lance Steiger, Evan Miller and Erin Salway of Cushman & Wakefield represented the seller, Patina Management. The buyer was Black Swan Living....
Walker & Dunlop Arranges $46.5M Loan for Refinancing of Metro Austin Apartment Community
4+ day, 19+ hour ago (204+ words) LEANDER, TEXAS — Walker & Dunlop has arranged a $46.5 million bridge loan for the refinancing of River Junction, a 329-unit apartment community located in the northern Austin suburb of Leander. Completed in 2024, River Junction comprises 15 buildings that house one-, two- and three-bedroom…...