Business Specialties
Berkadia Completes Sale, Secures Financing for MO Property
The Links at Parkville Apartments is a 244-unit multifamily asset in Parkville, near Kansas City. Senior Director Michael Sullivan, Director Brett Meinzer and Managing Director Alex Blagojevich worked on behalf of the seller.
2 Affordable Communities Debut in Irvine
FivePoint Holdings, Related California and its partners recently debuted Luminaira and Espaira, two communities totaling 166 units for low-income families.
Meridian Capital Arranges $50M Construction Loan
SAMTD Woodbridge LLC will use the financing for the development of The Grande at Metro Park, a 232-unit apartment community in Iselin, NJ. The buildings will feature an 8,200-square-foot retail space.
Berkadia Arranges 593-Unit FL Portfolio Sale
Nova Eagle sold three multifamily assets in Jacksonville, Fla., for $27.9 million. The buyer was Infinity Acquisitions LLC.
5 Tips on Finding the Right Neighborhood
Choosing the right location for a home purchase involved thorough research and consideration of a few key factors, in order to optimize the property’s resale potential.
JLL Secures Acquisition Financing for San Antonio Assets
JLL arranged financing on behalf of REEP Equity. The communities were both built in the 1980s and present value-add opportunities.
Weidner Acquires Seattle Community for $225M
Continental Properties sold the 313-unit Tower12 for $719,000 per apartment, a multifamily sales record for the area.
Hamilton Zanze Expands San Antonio Portfolio
The company acquired Quarry Townhomes, located in the Alamo Heights submarket. The 150-unit community was purchased from Ares Management with a $19.7 million loan held by Freddie Mac.
Capital One Closes $44M Loan for SoCal Refi
Amberway Apartments in Anaheim, Calif., is a 34-year-old garden-style community with 272 units and luxury amenities.
$54M Hollywood Development Breaks Ground
Essex Property Trust, together with McCormick Construction, broke ground on the Sunset Boulevard mixed-use development. The project includes 200 residential units and 4,678 square feet of retail space.