property type: Multifamily

Philadelphia Business Journal Buccini Pollin Group has lined up $70.3 million of financing for The Press, a 243-unit apartment property in downtown Wilmington, Del. HPS/BlackRock provided the loan, which retired construction financing that included a senior loan from Valley Bank ...

Commercial Real Estate Direct Staff Report Spokane Indian Housing Authority has paid $53.3 million, or $266,500/unit, for the 200-unit Waterford Apartments in Everett, Wash., about 23 miles south of Seattle. The Wellpinit, Wash., housing agency purchased the property from an ...

Commercial Real Estate Direct Staff Report A venture of New York Life Investment Management, Donaldson Impact Investments, and Housing Initiative Partnership has paid $79.4 million, or $243,558/unit, for Yorkshire Apartments, a 326-unit apartment complex in Silver Spring, Md. JLL brokered ...

Multi-Housing News JPL Development has lined up $39.5 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn., an eastern suburb of Minneapolis. Gantry arranged the 10-year loan. It pays a fixed rate and ...

Crain's Chicago Business AMLI Residential is offering for sale AMLI Deerfield, a 240-unit apartment property in Deerfield, Ill. The Chicago developer hired JLL to market the property, which was built in 2015. AMLI Deerfield, at 1525 Lake Cook Road, about ...

TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin. The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co. on nearly a mile of ...

Benefit Street Partners has provided $82.1 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis. The three-year loan, which could be extended by up to two additional one-year terms, ...

Ceifa Capital has paid $52.5 million, or $298,295/unit, for the 176-unit Flats at Legacy apartment property in the Hampton Roads, Va., city of Poquoson. The Highland, Utah, investor bought the two-year-old property from its developer, Franklin Group of Virginia Beach, ...

REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill. The Indianapolis developer broke ground on the project, at 501 West Washington St., in late 2023. Its initial phase cost ...

Memphis Business Journal A venture of Graybel Investments and Quad Property Group has bought the Cordova Creek Apartments, a 196-unit apartment property in Cordova, Tenn., for $22 million, or $112,245/unit. Graybel, of Memphis, Tenn., and Quad Property, of New York, ...