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News
Pebb Capital Obtains $223M Loan for Refinancing of Sundy Village in Delray Beach, Florida
4+ day, 47+ min 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…...
TSB Capital Arranges Refinancing for 448-Bed Student Housing Community Near Northern Arizona University
4+ day, 1+ hour ago (230+ words) FLAGSTAFF, ARIZ. — TSB Capital Advisors has secured a refinancing for Commons at Sawmill, a 448-bed student housing community located near the Northern Arizona University campus in Flagstaff. TSB placed a floating-rate loan through Old National Bank on behalf of the…...
Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson
4+ day, 54+ min 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…...
Laramar Group Acquires 656-Unit Apartment Tower in Chicago
4+ day, 1+ hour ago (260+ words) CHICAGO — The Laramar Group has acquired Eleven Thirty, a 656-unit apartment tower located at 1130 S. Michigan Ave. in Chicago. The purchase price was $166 million, according to local media reports. Originally constructed in 1967, the property rises 43 stories and provides unobstructed views…...
Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property
4+ day, 1+ 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
4+ day, 22+ 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…...
JLL Arranges $112M in Acquisition Financing for Two Seniors Housing Communities in Metro Chicago
5+ day, 20+ min ago (258+ words) DEER PARK AND BATAVIA, ILL. — JLL Capital Markets has arranged $112 million in acquisition financing through a regional bank for a two-property seniors housing portfolio totaling 330 units in metro Chicago. Sam Dylag of JLL represented the borrower, an affiliate of The Inland…...
Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota
5+ day, 22+ min ago (181+ words) ROCHESTER, MINN. — Cushman & Wakefield has brokered the $7.3 million sale of Cascade Apartments, a 44-unit property in Rochester. Chris Collins, Lance Steiger, Evan Miller and Erin Salway of Cushman & Wakefield represented the seller, Patina Management. The buyer was Black Swan Living....
Walker & Dunlop Arranges $46.5M Loan for Refinancing of Metro Austin Apartment Community
5+ day, 19+ hour ago (204+ words) LEANDER, TEXAS — Walker & Dunlop has arranged a $46.5 million bridge loan for the refinancing of River Junction, a 329-unit apartment community located in the northern Austin suburb of Leander. Completed in 2024, River Junction comprises 15 buildings that house one-, two- and three-bedroom…...
Marcus & Millichap Brokers $15.2M Sale of Chicago Apartment Building
6+ day, 1+ 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…...