Property Acquisitions and Dispositions
This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it. and Jerad Roberts of Northcap Commercial are pleased to announce the recent sale of the Merlayne Villas Apartments for $4,890,000 ($143,824/unit). This sale consisted of 34 units built in 1994, located at 409 & 417 E. Merlayne Drive in Henderson, Nevada.
Colinas Ranch Apartments was acquired by EPC’s fourth investment fund in 2018
BOSTON – JLL Capital Markets announced today that it has closed the $29.15 million sale of and arranged the $18.288 million in first mortgage acquisition financing for Chases Ocean Grove, a 19.2-acre piece of land that is encumbered by 277 individual ground leases improved with seasonal cottages located within Cape Cod in Dennisport, Massachusetts.
NEW YORK – JLL’s Capital Markets group announced today that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in Long Island City. The property will include 283,000 square feet of residential space and 10,000 square feet of commercial retail space.
NEW YORK – JLL’s Capital Markets group announced today that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in Long Island City. The property will include 283,000 square feet of residential space and 10,000 square feet of commercial retail space.
