Finance & Investment
29th Street Capital Buys South Columbus Community
The buyer financed the purchase with a $23.8 million Freddie Mac loan from Newmark Knight Frank.
Los Angeles Mixed-Use Development Lands Financing
The 126-unit luxury asset will be built in the Koreatown submarket by Live, Work, Create Equity LLC.
New Jersey Affordable Housing Project Advances With Phase 2
Developer The Michaels Organization expects to deliver the last 60 apartments of the 136-unit community in early summer of 2021.
JLL Arranges Sale of Class A Houston-Area Community
Tim Leonhard, Mary Davis and Eric Hightower arranged $16.2 million in acquisition financing on behalf of the buyer.
Jamboree Starts Construction on Orange County Project
The 102-unit affordable community in Anaheim is part of the city’s Neighborhood Improvement Program designed for Haster Orangewood.
Mogharebi Group Closes Sale of Senior Community in California
The 101-unit Cinnamon Ridge in Ontario, Calif., traded to a private investor.
Bay Area Community Receives $35M Loan
The 10-year Fannie Mae financing will retire existing debt at the 144-unit Valley Plaza Village Apartments.
Portland’s Block 40 Secures Construction Loan
JLL Capital Markets provided financing for the development of Block 40 in the South Waterfront district.
Pegasus Acquires Texas Community
NorthMarq represented the seller and arranged acquisition financing for the buyer, which will begin extensive renovations to the Arlington, Texas property.
Top 5 Markets for Multifamily Transactions
The metros on this list accounted for more than a third of the total transaction volume in the first quarter, according to Yardi Matrix data.