Regions
NJ Development Gets $52M
Cushman & Wakefield facilitated a construction loan for Waypoint Residential, which will redevelop 435 Main St. in Hackensack into 235 Class A units.
Greystar, Ivanhoé Cambridge Open CA Mixed-Use Community
Avila, located in Old Pasadena, includes 201 units, 30 of which are designated as affordable. The property offers residents access to a dog park and a heated pool and spa.
Marcus & Millichap Closes Chicago Multifamily Deal
The value-add affordable property located in the South Austin neighborhood includes ground-floor retail and is close to Interstate 290 and Loretto Hospital.
KC Portfolio Scores Acquisition Loan
The two market-rate communities located west of Kansas City add up to 132 units and last traded roughly 15 years ago.
Income Property Organization Facilitates 308-Unit OH Transaction
The Shaker Square Apartments portfolio encompasses 15 buildings in Shaker Heights. The $18.7 million deal was brokered by IPO’s Paul McHugh.
JV Buys Recently Built Chicago-Area Senior Housing Property
Virtus Real Estate Capital and Pathway to Living are the new owners of The Grandbrier at Prospect Heights, a 101-unit assisted living and memory care facility in Prospect Heights, Ill.
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.
Historic Student Community Opens After Renovation
Corbin Hall at the University of Kansas, Lawrence now offers 149 bedrooms for women. Upgrades include new mechanical systems, a new main entry and improvements to all rooms, restrooms and public spaces.
On the Market: 4 Interesting Listings for the Week of 9/10
This week’s listings include a box factory that was remodeled into multifamily in 2017, located in Richmond’s Manchester neighborhood, as well as a property in Albuquerque that presents a unique opportunity.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in August 2018 in New York City.