Author

Channing Hamilton

Trostel Square in Milwaukee
Investment SalesMidwestNewsWisconsin

MLG Capital Acquires Three Properties in Metro Milwaukee

by Channing Hamilton

MILWAUKEE AND BROOKFIELD, WIS. — MLG Capital has acquired three communities — Trostel Square, Norhardt Crossing and Norhardt Apartments — in the Milwaukee metropolitan area for an undisclosed price. The seller and sales price were not provided. Trostel Square is a 99-unit property located in the Brewers Hill neighborhood of Milwaukee. Norhardt Crossing and Norhardt Apartments are both located in the Milwaukee suburb of Brookfield. Together, the two properties comprise 211 units and share a full amenity set at Norhardt Crossing.

Continue Reading
0 FacebookTwitterLinkedinEmail
ConnecticutInvestment SalesNewsNortheast

Chozick Realty Negotiates $30 Million Sale of Pleasant View Estates in Griswold, Connecticut

by Channing Hamilton

GRISWOLD, CONN. — Locally based brokerage firm Chozick Realty has arranged the $30 million sale of Pleasant View Estates, a 102-unit community in Griswold, near the Connecticut-Rhode Island border. Rick Chozick of Chozick Realty brokered the deal. The buyer and seller were not disclosed. Pleasant View Estates offers two-bedroom units with an average size of 1,036 square feet and three-bedroom townhouses that range in size from 1,363 to 1,693 square feet. Amenities include a clubhouse, game room, playground and walking trails.

Continue Reading
0 FacebookTwitterLinkedinEmail
The Larkspur in Victor, Idaho
DevelopmentFinanceIdahoNewsWestern

NewPoint Provides $22.5 Million in Construction Financing for Workforce Housing Development in Victor, Idaho

by Channing Hamilton

VICTOR, IDAHO — NewPoint Real Estate Capital has provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing for the development of The Larkspur, an 86-unit market rate workforce housing community in Victor. Plaza Equity Partners, a Miami-based real estate development company, broke ground on the project in October. The loan was originated by NewPoint’s Karen Kim, and features a 22-month construction period followed by a 40-year term. The Larkspur is a planned three-story garden-style community. The property will offer studio, one-, two- and three-bedroom floor plans. Amenities include an outdoor fire pit, barbecue …

Continue Reading
0 FacebookTwitterLinkedinEmail
Townhomes at Powell in Wildwood, Florida
DevelopmentFinanceFloridaNewsSoutheast

JLL Capital Markets Arranges $32.7 Million for Build-to-Rent Project in Wildwood, Florida

by Channing Hamilton

WILDWOOD, FLA. — JLL Capital Markets has arranged $32.7 million in LP equity and non-recourse construction financing for the development of Townhomes at Powell, a 132-unit build-to-rent community in the Wildwood suburb of The Villages, Florida. JLL’s Samy Cohen, Alberto Dichi and Alan Benenson worked on behalf of the borrower, Agador Spartacus Development, to secure the financing. Max La Cava, Shane Ciacci and Justin Sosa led the JLL Capital Markets Capital Advisory team. The property will include 92 two-story flats and 36 townhomes. Units come in one-, two- and three-bedroom layouts …

Continue Reading
0 FacebookTwitterLinkedinEmail
160 Vroom Street in Jersey City, New Jersey
Investment SalesNew JerseyNewsNortheast

CBRE Arranges $8.2 Million Sale of 41-Unit Property in Jersey City, New Jersey

by Channing Hamilton

JERSEY CITY, N.J. — CBRE has negotiated the $8.2 million sale of a property located at 160 Vroom Street in the Journal Square neighborhood of Jersey City. A private investment group acquired the 41-unit asset from a New York City-based family office. Fahri Ozturk, Richard Gatto and Zach McHale of CBRE Tri-State Capital Markets marketed the property and represented the seller in the negotiations. CBRE also procured the buyer. The property offers 22 one-bedroom units and 19 two-bedroom units, as well as on-site laundry facilities for residents.

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceKentuckyNewsSoutheast

Lument Provides $78.8 Million Refinance for The Hub in Bowling Green, Kentucky

by Channing Hamilton

BOWLING GREEN, KY. — Lument has provided a $78.8 million loan through HUD’s 223(f) program for The Hub, a 590-unit community in the southern Kentucky city of Bowling Green. Ryan Duling of the company’s Columbus, Ohio office originated the financing, which was underwritten with a low fixed interest rate and a 25-basis-point mortgage insurance premium. The borrower was not disclosed. The Hub was built in 2020. The property offers 42 buildings surrounding a central park. Amenities include pickleball courts, a splash pad, pet park and resort-style pools with multiple pavilions and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Waterstone Place in Stafford, Texas
Investment SalesNewsTexas

Newmark Negotiates Sale of Three-Property Portfolio in Houston and Austin Metro Areas

by Channing Hamilton

AUSTIN, KATY AND STAFFORD, TEXAS — Newmark has brokered the sale of the Long Star 3-pack, a three-property portfolio that totals 673 units across the Houston and Austin metropolitan areas. Nitya Capital sold the portfolio to Disrupt Equity for an undisclosed price. Zach Springer, Jim Young and Carter Mizell represented the seller in the transaction. The portfolio comprises Treehouse, Stonecreek and Waterstone Place. Treehouse, located at 2501 Wickersham Lane in Austin, encompasses 297 units on a 12.5-acre site. Stonecreek is located at 20000 Saums Road in Katy and offers 208 units with …

Continue Reading
0 FacebookTwitterLinkedinEmail
Woodlands of Crest Hill in Crest Hill, Illinois
IllinoisInvestment SalesMidwestNews

JLL Capital Markets Brokers $95 Million Sale of Woodlands of Crest Hill in Chicago Suburb

by Channing Hamilton

CREST HILL, ILL. — JLL Capital Markets has negotiated the $95 million sale of Woodlands of Crest Hill, a 730-unit community in the southwest Chicago suburb of Crest Hill. Kevin Girard, Mark Stern and Zach Kaufman led the JLL Investment Sales Advisory team that represented the sellers, a fund managed by DRA Advisors and Marquette Cos. The buyer was not disclosed. Woodlands of Crest Hill was built in 1972 and has undergone various renovations since 2018. The property offers studio, one- and two-bedroom units, with an average size of 649 square feet. Amenities …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Brainard Apartments in Detroit
Leasing & MarketingMichiganMidwestNews

Friedman Communities Awarded Management of 1,500-Unit Portfolio in Detroit

by Channing Hamilton

DETROIT — Friedman Communities, a Friedman Real Estate company, has taken over managing services for a portfolio of more than 1,500 units within the city of Detroit, including several historic buildings. The portfolio is focused on neighborhoods such as Midtown, Southwest Detroit and the East Jefferson corridor. Friedman Communities plans to renovate units within the historic buildings with stainless steel appliances, quartz countertops, new cabinetry and tiled showers.

Continue Reading
1 FacebookTwitterLinkedinEmail
The Audrey in Mansfield, Texas
Investment SalesNewsTexas

Institutional Property Advisors Brokers Sale of 211-Unit The Audrey Near Dallas

by Channing Hamilton

MANSFIELD, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of The Audrey in the Dallas suburb of Mansfield. Carleton Cos. and M.R. Development sold the property to RPM and a fund managed by Roseview Investment Advisors for an undisclosed price. IPA’s Drew Kile, Joey Tumminello, Taylor Hill, Michael Ware, Jeff Kindorf and Will Balthrope represented the sellers and procured the buyers. The Audrey is a garden-style community that was built in 2021. The property offers 211 units across three stories. Units feature nine-foot …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.