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News
Harrison Street Asset Management Sells Independent Living Multifamily Property Clearwater at Riverpark in Oxnard
47+ min ago (174+ words) yieldpro.com Harrison Street Asset Management has sold Clearwater at Riverpark, a 136-unit Class A independent living community in Oxnard. Although JLL, which arranged the sale, did not disclose the sale price or specify the buyer, published reports said healthcare…...
West Palm Beach Investor Kamson Corp Buys Condo Property Converting to Multifamily Apartment Rental Units
1+ hour, 42+ min ago (166+ words) Yield PRO Kamson Corp. paid $90.5 million for a 400-unit Multifamily complex in West Palm Beach, with plans to convert the units into apartments. An Institutional Property Advisors team consisting of Luke Wickham, Shelton Granado and Justin Basquill, along with Evan…...
Waterton Sells 400-Unit Multifamily Apartment Complex in Las Vegas for $87M
1+ hour, 55+ min ago (34+ words) Yield PRO Waterton has sold Mirasol Apartment Homes, a 400-unit asset in Las Vegas, for $87 million. Tishau Holdings Properties acquired the property....
Berkadia Arranges Sale of Class A Waterfront Multifamily Apartment Community in Bradenton Sarasota Florida Metro Area
19+ hour, 16+ min ago (198+ words) Berkadia announces that it arranged the sale of ShoreView Waterfront Apartments, a 216-unit Class A waterfront multifamily community located in downtown Bradenton, Florida. Senior Managing Director Matt Mitchell and Director Chris Burtner of Berkadia Florida arranged the sale on behalf…...
JLB Pursuing Buckhead Office-to-Apartments Conversion in Atlanta
18+ hour, 37+ min ago (82+ words) yieldpro.com JLB Partners plans to redevelop a seven-story building at 470 E. Paces Ferry Road in Buckhead Village. The project consists of 314 apartments in what was once a mid-century office building. On Maple Drive, the 1960s-era office building is the longtime…...
Gantry Secures $14.6M Construction-to-Permanent Loan for Seattle Luxury Multifamily Apartment Community
18+ hour, 48+ min ago (61+ words) yieldpro.com Gantry’s Mike Wood, Principal, and Tim Brown, Senior Associate, represented the borrower, a private real estate investor. The ten-year, fixed rate loan features both recourse and non-recourse periods (pre/post completion) and was secured from a regional credit…...
Northmarq Arranges $56.1M in Permanent Financing for 354-Unit Multifamily Community in East County San Diego
19+ hour, 3+ min ago (128+ words) yieldpro.com Northmarq’s San Diego Debt + Equity team led by Aaron Beck, Conor Freeman and Robbie Driscoll secured a $56.1 million refinance for Wintercrest Village Apartments, a 354-unit garden-style multifamily community located at 12002 Wintercrest Dr. in Lakeside, California. Northmarq arranged the…...
Pennrose Celebrates Grand Opening of Forge a New Mixed-Income Rental Community in Lenox Massachusetts
19+ hour, 20+ min ago (189+ words) yieldpro.com Pennrose celebrated the grand opening of Forge, a new mixed-income rental community for individuals and families in Lenox, Massachusetts. Nestled within a beautiful, wooded setting, the community features 65 thoughtfully designed apartment homes across 13 townhome-style buildings, along with a…...
$248.9M Refinancing Arranged for 5,027-Unit Multifamily Seniors Housing Portfolio
19+ hour, 39+ min ago (101+ words) Yield PRO JLL Capital Markets announced that it has arranged a $248.9 million refinancing for a 5,027-unit seniors housing portfolio spanning 45 properties and 14 states. JLL worked on behalf of the borrower, Brookdale Senior Living (Brookdale), to secure the five-year, fixed-rate loan…...
CEDARst Closes Construction Financing Breaks Ground on 197-Unit Multifamily Development in North Park
19+ hour, 32+ min ago (199+ words) CEDARst Companies has announced the closing of construction financing and the commencement of construction on a 197-unit multifamily development, The Samuel, located at the corner of Adams Avenue and Idaho Street in San Diego’s North Park neighborhood. CrossHarbor Capital Partners…...