Trending Multifamily News
Greystone, a leading national commercial real estate finance company, has provided a $71,340,000 Freddie Mac Optigo® loan to refinance a 197-unit multifamily property in Santa Rosa, California. The transaction was originated by Greystone’s Matt Miller on behalf of Gallaher Companies.
BBX Capital Real Estate is pleased to announce the launch of its newest division, BBX Industrial, which will focus on identifying infill speculative and industrial build to suit opportunities in the State of Florida and opportunistically in other key logistics markets.
JLL Capital Markets announced today that it has arranged a $35.42 million in acquisition financing for The Parc at Gatlin Commons, a brand new, 200-unit, garden-style multi-housing community in Port St. Lucie, Florida.
JLL Capital Markets announced today that it has arranged $17.8 million in joint venture equity and $39.9 million in construction financing for Avant, a new 253-unit multi-housing development in Ann Arbor, Michigan.
Pensam a nationally recognized multifamily real estate investment firm managing over $3 billion in assets across its equity and lending platforms, is pleased to announce the acquisition of Lakeside Apartments in Wheaton, Illinois and Aspen Place Apartments, in Aurora, Illinois.
"The acquisition of Lakeside and Aspen Place reflects our conviction in the stable market fundamentals across most of Chicago’s suburbs, and in our management strength in those markets,” said Hen Shoval, Principal and Director of Investments at Pensam. “Both properties provide a unique opportunity to add value through selective capital improvements and management practices.”
Long Beach, Calif. September 9, 2021 – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.39 million portfolio sale of two apartment properties located in the Eastside submarket of Long Beach, CA.