News
Marcus & Millichap Arranges $4. 5 M Sale of Flex Industrial Property in Colorado Springs
34+ min ago (240+ words) COLORADO SPRINGS, COLO. " Marcus & Millichap has negotiated the sale of a flex industrial building located at 3450 N. Nevada Ave. in Colorado Springs. A private investor group based in California and New York acquired the property for $4. 5 million. Max Rist and Brandon…...
Northmarq Provides $13. 5 M Refinancing for Two Multifamily Properties in Metro Twin Cities
5+ day, 32+ min ago (230+ words) MAPLEWOOD, MINN. " Northmarq has provided a $13. 5 million Fannie Mae DUS loan for the refinancing of Sherwood Glen and Keller Flats in Maplewood. The two garden-style multifamily properties total 165 units. Built in 1964 and 1966, Sherwood Glen and Keller Flats operate as naturally…...
Marcus & Millichap Brokers Sale of Two-Tenant Retail Property in Las Vegas
5+ day, 29+ min ago (228+ words) LAS VEGAS " Marcus & Millichap has brokered the purchase of a two-tenant retail property in Las Vegas. Merra Cordier, a local entrepreneur and owner of The Purple Chandelier, acquired the asset from an ownership group that included former Nevada Lt. Gov....
Southern Land Begins Leasing 177-Unit Multifamily Project in White Plains, New York
5+ day, 18+ hour ago (269+ words) WHITE PLAINS, N. Y. " Nashville-based developer Southern Land Co. has begun leasing Juliette, a 177-unit multifamily project located north of New York City in White Plains. Juliette offers studio, one-, two- and three-bedroom units that range in size from 626 to 1, 868 square feet....
Eastern Union Secures $125. 3 M Acquisition Loan for Chicago Apartment Property
5+ day, 31+ min ago (348+ words) CHICAGO " Eastern Union has arranged a $125. 3 million loan for the acquisition of The Pavilion, a 15-story, 1, 115-unit apartment property located at 5441 N. East River Road in Chicago. The transaction is believed to be the largest apartment building sale in Chicago on…...
JLL, HJ Sims Secure $252. 1 M in Financing for Planned 214-Unit Seniors Housing Project in Huntington Beach, California
6+ day, 23+ hour ago (327+ words) HUNTINGTON BEACH, CALIF. " JLL and HJ Sims have arranged $252. 1 million in tax-exempt and taxable bond financing for the development of The Marisol, a seniors housing community in Huntington Beach. HJ Sims acted as lead book-running manager on the senior bonds…...
JLL Arranges $141. 8 M Refinancing for Wolf Point West Luxury Apartment Tower in Chicago
1+ week, 8+ min ago (345+ words) CHICAGO " JLL Capital Markets has arranged a $141. 8 million loan for the refinancing of Wolf Point West, a luxury multifamily property in Chicago's River North neighborhood. JLL represented the borrower, Hines, in partnership with AFL-CIO Building Investment Trust (advised by DWS…...
Joseph Nicholas Construction Breaks Ground on Cadillac Dealership in Chicago
1+ week, 11+ min ago (243+ words) CHICAGO " Joseph Nicholas Construction, in partnership with Jack Carter Auto Group, has broken ground on Carter Cadillac of Chicago, a new dealership at 1400 W. North Ave. , part of the former Lincoln Yards site. The new facility will be the brand's third…...
JLL Arranges Sale of 365, 774 SF Industrial Portfolio Near Los Angeles Across Two Separate Transactions
1+ week, 4+ day ago (116+ words) REBusiness Online JLL Arranges Sale of 365, 774 SF Industrial Portfolio Near Los Angeles Across Two Separate Transactions LOS ANGELES " JLL Capital Markets has arranged the sale of Project Bronco, a multi-submarket industrial portfolio in Los Angeles" San Gabriel Valley and Orange…...
Walker & Dunlop Provides $53. 7 M Agency Refinancing for Student Housing Community in Daytona Beach
1+ week, 5+ day ago (245+ words) DAYTONA BEACH, FLA. " Walker & Dunlop has provided a $53. 7 million Freddie Mac loan for the refinancing of On Shore, a 636-bed student housing community located near Embry-Riddle Aeronautical University in Daytona Beach. Delivered in 2020, the community offers 210 units alongside shared amenities…...