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News
City Realty Acquires Brookline Massachutssets Multifamily Portfolio for $23M
1+ day, 2+ hour ago (55+ words) Yield PRO City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three commercial…...
Institutional Property Advisors Brokers Oregon Multifamily Property Portfolio
1+ day, 22+ hour ago (144+ words) Yield PRO Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale of Oak Vale, a 257-unit property in Corvallis, and 181-unit Anjou Club in Talent. The two Oregon multifamily…...
Berkadia Arranges $38.55M Refinancing for Tennis Towers Apartments in West Palm Beach Florida
3+ day, 23+ hour ago (204+ words) yieldpro.com Berkadia, a distinguished leader in the commercial real estate sector, announced that it secured $38.55 million in refinancing for Tennis Towers Apartments, a 306-unit multifamily community in West Palm Beach that has been owned and operated by Rich Properties…...
BWE Secures $71M in Financing to Fund Acquisition of Las Vegas Multifamily Community
3+ day, 23+ hour ago (96+ words) yieldpro.com BWE, a national commercial and multifamily mortgage banking company, announced today that it has secured two loans totaling $71 million for the financing of 536 multifamily units in Las Vegas, Nevada. BWE stands as a national, full-service commercial and multifamily…...
Gantry Secures $48.3M for Minnesota Class A Multifamily Construction Takeout Loan
5+ day, 8+ min ago (51+ words) Yield PRO Gantry’s Joe Monteleone, Principal, and Bonnie Monteleone, Senior Associate, with the firm’s St. Louis production office represented the borrower, a private real estate investor. The 10-year, fixed rate, non-recourse, full-term interest only loan was secured from Freddie Mac....
Draper and Kramer's Commercial Finance Group Closes $93.5M Refinance for Multifamily Property in Chicago's Fulton Market
5+ day, 33+ min ago (542+ words) The Elizabeth Yield PRO Draper and Kramer, Incorporated, a national full-service real estate firm, announces a team led by Bill Barry and Bill Stewart, both senior vice presidents with the firm’s Commercial Finance Group (CFG), has closed a $93.5 million refinance…...
Berkadia Arranges $44M Refinancing for The Harlow in Wesley Chapel Florida
1+ week, 3+ day ago (260+ words) Berkadia, a distinguished leader in the commercial real estate sector, announced that it secured $44 million in refinancing for The Harlow, a 248-unit, Class A, garden-style multifamily community in Wesley Chapel, Florida. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler,…...
JLL Capital Markets Secures $21.5M Construction Loan for Miami Dade County's Newest Multifamily Mixed-Use Development
1+ week, 3+ day ago (671+ words) Yield PRO JLL Capital Markets announced today that it has arranged a $21.5 million construction financing for MMG Equity Partners’ Coral Nest development, a mixed-use project featuring 38 for-sale townhomes and three retail outparcels in Miami, Florida. JLL represented MMG Equity Partners,…...
Gantry Secures $20.7M Refinance for Pacific Northwest Multifamily Communities
1+ week, 3+ day ago (60+ words) Yield PRO Gantry’s Blake Hering, Principal, Charlie Kokernak, Director, and Hrishi Bukshin, Associate, with the firm’s Portland production office represented the borrower, a private real estate investor. Both five-year, fixed rate, non-recourse, full-term interest only loans were secured from an…...
$76.25M in Capital Secured for Multifamily Apartment Project Thompson Oaks in West Saint Paul
1+ week, 3+ day ago (691+ words) Yield PRO JLL Capital Markets announced that it has secured financing totaling $76.25 million for Thompson Oaks, a 291-unit multi-housing development located along the Robert St corridor in West St. Paul, Minnesota. JLL represented the Sponsor, Greco and Swervo Management, in…...