Other Multifamily News
Norcross, GA (August 10, 2020) – Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a preferred equity investment for the refinancing of The Carter @ 4250, a 300-unit apartment community located in Norcross, Georgia. One Real Estate Investment (OREI), a real estate investment and asset management firm based in Miami, owns the property.
The Carter @ 4250, located outside of Atlanta, consists of 300 apartments
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.3 percent of apartment households made a full or partial rent payment by August 6 in its survey of 11.4 million units of professionally managed apartment units across the country.
JLL Capital Markets announced today that it arranged a $9.26 million refinancing for The Forum, a 73-unit mid-rise apartment community located at 1361 Federal Highway in Boca Raton, Florida.
J. Milton & Associates, Miami’s premier real estate development company since 1963, has added a $1.6 million, 18-foot sculpture to the City of Sunny Isles beauty and multicultural enhancements at Milton Tower, a boutique, Class A office tower in Sunny Isles Beach. Located at the busiest intersection of 163rd Street and Collins Avenue, Milton Tower has installed a spectacular
Chicago, IL – July 29, 2020 – American Street Capital (“ASC”) announced today that it has secured a $6.6 million cash-out refinance loan for a 60-unit multifamily building in Naperville, IL.
The program includes access to job search solutions, proprietary virtual seminars designed to assist with resumes, career changes, and more
Laredo, Tex. (July 21, 2020) – Berkadia announces it has arranged the sale and financing of Lago del Mar Apartments, a 260-unit garden-style apartment community located in Laredo, Texas. Senior Managing Director Ryan Epstein of Berkadia’s Houston office, along with Managing Director Mike Miller, Senior Director Will Caruth and Director Cody Courtney of Berkadia’s San Antonio office, represented the seller, a Chicago-based real estate investment management firm.
