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The Buzz

May 02 2023

JLL Capital Markets Group Secures $77.5 Million in Construction Financing for 279-Unit Luxury Multifamily Development in Philadelphia MORRISTOWN, NJ - JLL Capital Markets announced today that it has arranged $77.5 million in construction financing for a 279-unit, seven-story, luxury multi-housing development with 8,449 square feet of ground-floor retail, located in the Northern Liberties neighborhood of...

May 02 2023

Avia Equities Completes Successful Sale of 284-Unit The Wayman Multifamily Community Located in Popular North Austin, Texas AUSTIN, TX - Avia Equities, a recently formed real estate investment firm with offices in Los Angeles and Dallas, completed the sale of The Wayman apartment community in Austin as part of an investment sale which delivered above-market returns to Avia and its investment partners...

May 01 2023

Merchants Capital New York Secures $25.9 Million in Financing for Renovation of 294-Unit Multifamily Community in Puerto Rico NEW YORK, NY - The New York office of leading multifamily financier Merchants Capital today announces it has secured more than $25.9 million for the renovation and upgrade of Mirador Las Casas, a Section 8 and Low-Income Housing Tax Credit (LIHTC) multifamily development located...

May 01 2023

JLL Capital Markets Group Closes $13.1 Million in Acquisition Financing for The Independent Apartment Community in Coastal California SAN DIEGO, CA - JLL Capital Markets announced today that it has closed the $13.1 million acquisition financing for The Independent, a Class A, 61-unit multi-housing asset located in Sand City, California within Monterey County. JLL marketed the property on behalf of the...

Multifamily Innovation® Council Expands Education-Based Webinars, Company Profiles, and Learning Platform Ahead of 2026 Summit SCOTTSDALE, AZ - The Multifamily Innovation® Council announced today the expansion of its education-based webinar program as part of a broader platform designed to elevate leadership, innovation, and execution across the multifamily industry. The expanded program supports the Council’s...

April 28 2023

Greystone Provides $23.8 Million in Fannie Mae DUS Financing for 160-Unit Breckenridge Apartment Community in Boise, Idaho NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $23,791,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) Green Rewards loan for a 160-unit multifamily property in Nampa, Idaho. The financing was originated by...

April 28 2023

Dwight Capital and Dwight Mortgage Trust Finance $217.8 Million for Multifamily and Healthcare Properties in March 2023 NEW YORK, NY - Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), financed $217.8MM in commercial real estate loans during March 2023. Featured among those loans were HUD 223(f) loans for Springs at Palma Sola and The Village at Lakefront. Dwight...

April 27 2023

JLL Capital Markets Group Secures $18.239 Million in Financing for 358-Unit Cambridge Estates Affordable Housing Community DENVER, CO - JLL Capital Markets announced today that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, Indiana. Approximately 41% of the units are covered by a long-term...

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Sherman Residential Expands Multifamily Portfolio with Acquisition of 300-Unit The Wrenley Luxury Apartments in Charlotte

Canyon Partners Real Estate and MG Properties Acquire 368-Unit Shift Apartment Community in Popular Downtown Submarket of San Diego

Penzance Expands Multifamily Portfolio with $200 Million in Strategic Acquisitions Totaling 1,100-Units Across Virginia and The Carolinas

Aventine Development and Seawood Builders Break Ground on 302-Unit Arbor House Luxury Apartment Building in Palm Beach Gardens

CHARLOTTE, NC - Sherman Residential acquired Elan Prosperity Village, a Class A multifamily...

SAN DIEGO, CA - Canyon Partners Real Estate and MG Properties announced their acquisition of the...

WASHINGTON, DC - Penzance, a vertically integrated real estate fund manager, acquired approximately...

PALM BEACH GARDENS, FL - Aventine Development and Seawood Builders celebrated the groundbreaking on...

SAN DIEGO, CA - Properties, a San Diego-based multifamily real estate investment firm, announced...

LOS ANGELES, CA - Bascom Northwest Ventures announced the sale of Tempo at Riverpark Apartments....

NEW ORLEANS, LA - Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of...

FORT WORTH, TX - The NRP Group, a vertically integrated, best-in-class developer, builder and...

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