News

Northshore Development Scores $36M Construction Loan

JLL Capital Markets arranged the financing for the 258-unit West Shore Apartments in Palm Bay, Fla.

Albuquerque Multifamily Report – Fall 2020

While the metro’s economy took a hit, multifamily remained nearly unscathed.

Dallas-Area Luxury Waterfront Community Tops Out

KWA Construction is building 880 LYN on Lake Carolyn in Irving, Texas, scheduled for completion in October 2021.

Affordable Housing JV Pays $72M for California Community

The fully affordable senior property once served as housing for the California School for the Deaf and Blind.

Element Property Co. Buys Arizona Community for $30M

Delivered in 2004 and 2008, Port Royale in Sierra Vista includes 252 apartments across 18 buildings.

Blackstone Pays $175M for Pacific Northwest Portfolio

Built between 1980 and 1992, the Class B properties include 935 units near Seattle plus 104 apartments outside Portland, Ore.

Erkiletian Lands $142M Loan for Washington, DC-Area Community

The recently completed property near the Potomac River in Arlington, Va., offers 360 luxury units across 12 stories.

ABI Multifamily Arranges $30M Sale of Phoenix Community

Alon Shnitzer, John Kobierowski, Rue Bax, Doug Lazovick and Eddie Chang worked on behalf of both the buyer and seller.

Tower 16 JV Buys 258-Unit Tucson Property

NorthMarq represented the seller and the buyer, as well as arranging financing on behalf of the joint venture.

American Landmark Expands Tampa Portfolio

The acquisition of a 248-unit community in Wesley Chapel, Fla., brings its portfolio in the area to seven communities.