Category : Residential

DLP Capital, a private real estate investment and financial services firm, today announced its acquisition of Domain at Morgan’s Landing, a 350-unit multifamily complex in the Houston suburb of La Porte. The acquisition was made in partnership with Elevate Commercial Investment Group, a real estate investment firm focused on acquiring...

Bellwether Enterprise Real Estate Capital LLC (BWE), a national commercial and multifamily mortgage banking company, announced today the closing of three loans totaling $86,000,000 to renovate four oceanfront retail properties in Asbury Park, NJ, and finance apartments and townhomes in Cherry Hill, NJ, and Allentown, PA. Mark Remington, senior vice president...

JLL Capital Markets announced today that it has arranged $31.5 million in financing for the acquisition and renovation of Hackensack Gardens, a 198-unit, garden-style, multi-housing community located in Hackensack, Bergen County, New Jersey. JLL represented the borrower, Tower Management Service, L.P., to secure a five-year, fixed-rate loan through ConnectOne Bank. Built in...

Graceada Partners is pleased to announce the acquisition of Tyner Ranch Townhome Community, a pioneering build-to-rent single family rental neighborhood built in 2007. The 168 home community consists of 17.5 acres on Chimayo Street, La Posta Street, and Montaro Court in Bakersfield, California. Each unit has a private garage, driveway,...

Newmark 1 announces the $111.75 million sale of a two- property, 369-unit multifamily portfolio in the Southeast Valley of Phoenix, Arizona. Newmark Executive Managing Director Brad Goff, Senior Managing Director Brett Polachek and Managing Director Chris Canter represented the seller, a joint venture between Avanti Residential and KKRReal Estate, in...

HAP Investments, a privately-held, full-service real estate investment and development company, announced today that closings have commenced at Maverick Chelsea, its highly anticipated modern condominium project in Downtown Manhattan. Located at 215 West 28th Street, the 21-story building offers a collection of 87 distinctive condominium residences at the crossroads of New York City’s most...

Pembrook Capital Management LLC (“Pembrook”), one of the nation’s leading mezzanine lenders for affordable housing, announced a $9,000,000 mezzanine loan to finance the acquisition and renovation of a 224-unit multi-family property located at 400 Legends Terrace Drive and 775 Niehoff Drive in Eureka, MO, a suburb of St. Louis. Known as the...

Sentinel Real Estate Corporation (“Sentinel”) today announced that it has acquired two high-rise apartment communities – The Broderick and The Republic – totaling 213 units and located in Center City Philadelphia. These acquisitions presented Sentinel with the opportunity to increase its investment in the rapidly expanding Philly market. The transactions...