Multifamily

4+ hour, 33+ min ago   (119+ words) Yield PRO Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale of The Groves Apartments, a 366-unit multifamily property in Kent, Washington. The $72 million sales price equates to $196,721 per…...

3+ hour, 59+ min ago   (182+ words) Ardor on the Bluffs Northmarq’s Minneapolis Debt + Equity team, led by Dan Trebil, arranged $50 million in financing for Ardor on the Bluffs, a 235-unit mid-rise multifamily community located at 3701 American Blvd. E. in Bloomington, Minnesota. The complex is located just…...

3+ hour, 30+ min ago   (208+ words) Walker & Dunlop, Inc. announced that it has arranged $86,500,000 in bridge financing for Chasen, a new 352-unit multifamily community in the Scott’s Addition neighborhood of Richmond, Virginia. The property is located in a Qualified Opportunity Zone, a federal economic development program…...

2+ hour, 51+ min ago   (123+ words) News | Texas investor's Chicago multifamily portfolio gets even bigger CoStar Texas investor's Chicago multifamily portfolio gets even bigger - KPMG in talks for one of Chicago's largest office leases in recent years --------------------------------------------------------------- - Biggest retail property in Chicago's Loop business district finds…...

3+ hour, 14+ min ago   (284+ words) Jemal Real Estate Strategies and DivcoWest formed a joint venture to convert a 342,000-square-foot office building in Washington, D.C.’s West End into approximately 323 apartments. The redevelopment of 1255 23rd Street NW is expected to include up to three dozen affordable housing units....

2+ hour, 11+ min ago   (550+ words) Onyx, a 315-home mixed-use purpose-built rental development by Cantiro, marks the first project under Calgary's demolition incentive plan. Calgary’s ambitious effort to breathe new life into its downtown core is taking shape thanks to a series of incentive programs implemented…...

13+ hour, 14+ min ago   (141+ words) REJournals Marcus & Millichap brokered the sale of the UpLift Self Storage Portfolio, a 1,300-unit self-storage portfolio comprising two properties in Mount Pleasant and Oak Creek, Wisconsin. Schlosser, Charles “Chico” LeClaire and Dave Knobler, investment specialists in Marcus & Millichap’s Denver and…...

3+ hour, 45+ min ago   (73+ words) The Business Journals Preview this article 1 min The project is the latest in a slew of recent multifamily developments pitched in downtown Bethesda. Pr. George's approves retail plan for one of its largest developments Industrial buildings by Montgomery County Airpark…...

4+ hour, 34+ min ago   (205+ words) Renderings have been unveiled for an upcoming mixed-use building with 148 housing units at 64-11 Queens Blvd. in the Woodside neighborhood. The completed structure will be 14 stories tall and span just under 155,000 square feet. The 148 rental units will include several affordable homes,…...

6+ hour, 25+ min ago   (181+ words) The real estate investment and development firm PTM Partners has closed on a $125 million construction loan to build Edge Collective II in St. Petersburg. The three-year floating rate loan was arranged by Berkadia. The money is for a 330-unit multifamily…...