Regions
Greater Boston Development Ready for Move-in
Meriel Marina Bay has reached a new milestone. The South Building of the property is now open and welcoming new occupants.
Jonathan Rose on What’s Ahead for Multifamily
The executive reflects on the past year in multifamily, including the disruptors set to impact the industry in 2018.
New Luxury Community Opens in Tarzana, CA
The 57-unit luxury Residences at Village Walk, developed by Sinanian Development, is now open. Moss & Co. will manage the property located at Yolande Avenue.
Tikijian Arranges 450-Unit Community Sale
An affiliate of Birge & Held Asset Management acquired the asset from Gene B. Glick Co., the Indianapolis-based developer that built the property in two phases between 1980 and 1987.
IPA Arranges $57M Sale of Luxury CA Community
A private investor based in China acquired Luxe, a 131-unit community in Pasadena, Calif. IPA represented the seller, Amcal Equities, and procured the buyer.
MRES to Manage 262-Unit Student Housing Community
The 920-bed community features approximately 6,700 square feet of retail space. This assignment marks the second for MRES’s new student housing division, which the company launched earlier this month.
Greystone Funds $1B in Freddie Mac Small Balance Loans
The company becomes the first lender to reach this milestone one year since the platform’s inception. Over the last three years, the SBL offering has produced more than 4,000 loans and funded approximately $10.5 billion.
Dougherty Funding Closes $11M Minneapolis Refi
The property is located in the Whittier neighborhood, between uptown and downtown, and is one block from Minneapolis Institute of Art and Minneapolis College of Art and Design.
BrownLee Grabs $84M Baltimore Community
The 295-unit Winthrop in Towson was completed in 2015 and traded with help from JLL. Pillar originated a $58.8 million Freddie Mac acquisition loan.
San Jose Community Sells for $36M
Marcus & Millichap represented the seller in the transaction and procured the buyer. The 109-unit asset features 12,000-square-foot commercial space, as well.