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.
IPA Secures $24M Refi for OC Community
The company arranged the refinancing for Castlewood Park, a 184-unit property in Buena Park, Calif. The debt placement was locked at below-market-rate interest.
JV Buys 198-Unit MD Asset
Spirit Investment Partners and The Bascom Group acquired Tribeca at Camp Spring, located in the Washington, D.C., metro area.
Mogharebi Completes Sale of LA Community
Loma Vista Apartments, located in the Pacoima neighborhood of Los Angeles, changed hands for nearly $11 million. Mogharebi represented the seller and the buyer in the deal.
Crossgate Partners Launches Luxury FL Community
Project updates of the six-condominium development on Siesta Key, Fla., include a FEMA permit for a seawall enhancement. Océane is set to break ground this month.
NMHC’s Doug Bibby on Multifamily
The organization’s president provides insights on affordable housing and tax reforms.
CBRE Brokers Sale of Koreatown Project Site
The plot at the corner of 8th Street and Harvard traded to Jamison for $14 million. The site is fully entitled for the construction of a transit-oriented development.
Orion Acquires Austin Community
CBRE arranged a 10-year fixed rate loan through the Fannie Mae Green Financing program for the acquisition of the 199-unit property.
Marcus & Millichap Arranges Sale of 158 units of Park Village
The community, located in Largo, Fla., consists of 160 units, 158 of which traded for $20 million, or $130,000 per unit. The firm represented both the buyer and seller.
Milhaus Plans Cincinnati Property
Poste is part of the 250 units the developer intends to start building in Walnut Hills this year. The company also announced a capital investment of $245 million for the development of Class A, market-rate properties across the country.
JLL Secures Acquisition Financing for S2 Capital
Benefit Street Partners provided the loan to S2 Capital for the acquisition of Oakland Hills Apartments in Fort Worth, Texas.