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News
Hoefer Welker Designs 192-Unit Apartment Project in Topeka, Kansas
4+ day, 3+ hour ago (170+ words) TOPEKA, KAN. — Hoefer Welker has designed The Hutch, a 192-unit apartment project slated to break ground in October in Topeka. Plans call for 2,500 square feet of ground-floor retail space and 5,500 square feet of resident amenities, including a rooftop viewing deck…...
Waterton Acquires 482-Unit Reserve at Chino Hills Apartments in California
3+ day, 3+ hour ago (166+ words) CHINO HILLS, CALIF. — Waterton has purchased Reserve at Chino Hills, a multifamily property in Chino Hills. Terms of the transaction were not disclosed. Situated on 20 acres at 4200 Village Drive, the garden-style community features 46 residential buildings and a clubhouse. Waterton plans…...
Pebb Capital Obtains $223M Loan for Refinancing of Sundy Village in Delray Beach, Florida
4+ day, 3+ hour ago (153+ words) DELRAY BEACH, FLA. — Pebb Capital has received a $223 million loan for the refinancing of Sundy Village, a seven-acre mixed-use campus under development in downtown Delray Beach, a coastal city in South Florida’s Palm Beach County. Phase I of Sundy Village…...
Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson
4+ day, 3+ hour ago (234+ words) JACKSON, MISS. — Northmarq has provided a Fannie Mae loan for the permanent financing of The District Lofts, a six-story, 261-unit apartment community located at 120 District Blvd. E in Jackson. Chimnay Bhatt, Cody Kirkpatrick, Noam Franklin and Brian Fisher of Northmarq…...
Colliers Arranges $44.5M Construction Loan for Multifamily Project in Norwood, Massachusetts
4+ day, 3+ hour ago (195+ words) NORWOOD, MASS. — Colliers has arranged the $44.5 million construction loan for a 145-unit multifamily project in Norwood, located southwest of Boston. The site is located at 259 Lenox St., and the new five-story building will offer studio, one- and two-bedroom units, 20 percent…...
Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property
4+ day, 3+ hour ago (90+ words) rebusinessonline.com Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property CHICAGO — Draper and Kramer Inc. has arranged a $93.5 million loan for the refinancing of The Elizabeth, a 28-story apartment tower at 225 N. Elizabeth St. in Chicago’s Fulton Market. Bill…...
CrestMarc, Midloch Acquire 294-Unit Apartment Complex in Huntsville, Texas
5+ day, 1+ hour ago (233+ words) HUNTSVILLE, TEXAS — A partnership between two investment firms, Dallas-based CrestMarc and Chicago-based Midloch Investment Partners, has acquired The Forum at Sam Houston, a 294-unit apartment complex located about 70 miles north of Houston in Huntsville. The property also functions as student…...
Marcus & Millichap Brokers $15.2M Sale of Chicago Apartment Building
6+ day, 4+ hour ago (147+ words) CHICAGO — Marcus & Millichap has brokered the $15.2 million sale of a 30-unit apartment building located at 3905 N. Western Ave. in Chicago’s North Center neighborhood. The property also features four retail suites. Built in 2009, the asset totals 57,000 square feet and features a…...
Affinius Capital Provides $310M Construction Loan for Jersey City Multifamily Project
6+ day, 2+ hour ago (217+ words) JERSEY CITY, N.J. — Affinius Capital has provided a $310 million construction loan for Park Tower, a 1,049-unit multifamily project in Jersey City. New York City-based Namdar Group is developing the project, which will be located in the city’s Journal Square neighborhood and…...
MBK Rental Living, Haseko Sell 315-Unit Zia Multifamily Community in Anaheim
6+ day, 3+ hour ago (165+ words) ANAHEIM, CALIF. — MBK Rental Living and development partner Haseko Corp. have sold Zia, a 315-unit multifamily community in Anaheim that opened in September 2024. The buyer was an unnamed institutional investor. Zia is a five-story community with studios and one-, two…...