Category : Residential

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of the Auburn Summit Portfolio in Auburn, Alabama, according to Jody McKibben, Marcus & Millichap first vice president and regional manager. The portfolio sold for...

Capstone Apartment Partners has brokered the $33.25 million sale of Overlook at Stonemill: a 216-unit, well-maintained apartment asset located adjacent to the Lynchburg Expressway. Capstone’s Ron Corrao, Eric Liebich, and Cole Carns sold the property on behalf of Castle Lanterra Properties (CLP), a New York-based national real estate investment firm,...

Institutional Property Advisors, a division of Marcus & Millichap (NYSE: MMI), arranged $10.35 million in financing for a luxury multifamily apartment complex in the North Hollywood neighborhood of Los Angeles. The financing was exclusively secured by Anita Paryani-Rice, senior managing director, based in IPA’s West Los Angeles office. “As residents...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged $5.07 million in financing for the purchase of a multi-tenant office property at 9801 Scripps Lake Drive in San Diego, California. The transaction was secured by Chad O’Connor, executive managing director,...

Kathy Anderson, founding partner of Progress Capital arranged a $25,000,000 permanent loan for Irv Cyzner of Cyzner Properties, owner of River Pointe Apartments, a 141-unit garden-style gated community located at 5 Meadow Lane, Gloucester City, NJ. In 2017, Cyzner acquired the site with a $12,200,000 acquisition/construction loan arranged by Anderson....

JLL Capital Markets announced today that it has closed the $146 million sale of The Wel, a 260-unit, newly constructed, mid-rise, luxury multi-housing community located in Lindenhurst, New York, along the South Shore of Long Island. The $146 million sale price was for both the real estate as well as the significant...

Michael Muller, a senior managing director with Eastern Union, has arranged a bridge loan of $83.33 million in support of the acquisition of The Halsten at Vinings Mountain, a 440-unit multifamily property in Atlanta. Eastern Union is one of the country’s largest commercial real estate brokerages. The asset — formerly...

On Tuesday, March 29, El-Ad National Properties, an Elad Group company, celebrated the phase two groundbreaking of ALINA Residences, a world-class residential destination in the heart of Boca Raton. Phase two includes two nine-story residential buildings (ALINA 210 and ALINA 220) and will complete the entire project.  In attendance were El-Ad National CEO Noam Ziv,...

Solaia, the upscale condominium building in North Bergen, NJ, has quickly carved out a significant place in New Jersey’s Hudson River Gold Coast luxury market, according to Ingrid Hart of Sotheby’s International Realty, a real estate professional with over 29 years of experience selling signature residential properties from Fort Lee...