Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
West Hollywood Community Trades in All-Cash Deal
CBRE arranged the sale of a 24-unit property located approximately 9 miles from downtown Los Angeles. The brokerage company represented both the buyer and the seller in the deal.
Burlington Capital Sells FL Portfolio for $37M
The portfolio included the 240-unit Lake Forest Apartments and the 144-unit Jade Park, two communities located side by side in Daytona Beach. Marcus & Millichap brokered the deal.
Tech CU Funds Luxury San Jose Development
Cypress Group received $20.5 million in financing for the construction of the apartment building located in the Willow Glen neighborhood.
The Story of MIRO: San Jose’s Tallest Development
Bayview Development Group’s Ted McMahon unveiled the story behind San Jose’s tallest residential project and explained how it will impact the city’s multifamily market. Mike DiNapoli of Suffolk Construction revealed why MIRO is part of the “build smart” trend.
LA-Area Property Commands $66M
HFF brokered the sale of The Andalucia, a 118-unit community located in Pasadena. The asset also features 11 affordable units and 7,500 square feet of retail.
EJV Buys Vintage Property in FL
American Landmark purchased a 316-unit community in an equity joint venture with RSE Capital. The new ownership will invest an additional $3.5 million to bring the building to contemporary standards.
NC Community Receives $24M Refi
Signature Property Group secured the loan to refinance 119 South Apartments, a 264-unit Class A property located in Mebane.
Pantzer Properties Buys $88M MD Asset
The company has expanded its portfolio with Rolling Hills, a 468-unit property located in Germantown that includes a tot lot, a dog park and a soccer field.
Summit Equity Investments Buys IN Senior Housing
Whitmore Investments and Paragus Cos. traded the 66-unit property located in Brownsburg. Tikijian Associates represented the joint venture in the transaction.
CA Property Sells for $16M
Avison Young has arranged the sale of the 28-unit property located in Culver City, approximately 10 miles from downtown Los Angeles.