Author

Channing Hamilton

Hamilton Cove in Costa Mesa, California
CaliforniaInvestment SalesNewsWestern

CBRE Negotiates $5.6 Million Sale of 15-Unit Hamilton Cove in Costa Mesa, California

by Channing Hamilton

COSTA MESA, CALIF. — CBRE has arranged the sale of Hamilton Cove, a 15-unit community located at 560 Hamilton Street in Costa Mesa, roughly 17 miles south of Anaheim. The asset traded hands for $5.6 million. Dan Blackwell, Mike O’Neill and Jack O’Connor of CBRE Multifamily SoCal Team represented the buyer and the seller in the deal. Both parties were based in Newport Beach and repeat clients of CBRE. The sale marks the team’s eighth transaction in Costa Mesa in the past year. Built in 1964, Hamilton Cove comprises 9,372 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Authentix South Elgin in South Elgin, Illinois
DevelopmentIllinoisMidwestNews

Continental Properties Breaks Ground on 336-Unit Development in Chicago Suburb

by Channing Hamilton

SOUTH ELGIN, ILL. — Continental Properties has broken ground on Authentix South Elgin, a 336-unit development in South Elgin, approximately 45 miles west of Chicago.  Authentix South Elgin will offer studio, one-, two-, and three-bedroom floor plans. Amenities include a pool, clubhouse, outdoor grill area, fitness center and a leash-free dog park with a pet spa. Pre-leasing is slated to commence in the spring of 2025. Move-ins will begin once the community clubhouse and first residential building are completed in late summer 2025. The property is located at the corner …

Continue Reading
0 FacebookTwitterLinkedinEmail
Avisa Lakes in Orlando, Florida
FinanceFloridaInvestment SalesNewsSoutheast

JLL Capital Markets Arranges $50 Million Sale, $35 Million Financing for Avisa Lakes in Orlando, Florida

by Channing Hamilton

ORLANDO, FLA. — JLL Capital Markets has arranged the $50 million sale of Avisa Lakes, a garden-style community located at 7960 Pine Crossing Circle in Orlando. JLL represented the seller, Lloyd Jones LLC and ST Real Estate Holding Inc., and procured the buyer, Beachwold Residential LLC. Situated on a 22.4-acre site, Avisa Lakes consists of 292 units across 16 buildings. Apartments come in one- and two-bedroom floor plans and average 850 square feet each. Community amenities include a playground, pool, clubhouse and game room, two dog parks, a soccer court, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingIndustry VoicesLeasing & MarketingMidwestNortheastOperationsSoutheastTexasWestern

Technology Clears Operational Roadblocks for Affordable Housing Managers

by Channing Hamilton

There is an urgent need for more affordable housing in the United States. For every 100 extremely low-income renter households, there are just 36 affordable units available for rent, according to a March 2024 report from the National Low Income Housing Coalition (NLIHC). Despite widespread attention on this issue — including at the state and federal levels — the supply shortage has continued. Municipalities across the United States continue to struggle to address symptoms of the affordable housing crisis, such as homelessness and rising housing costs. The NLIHC reports that there is …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Lofts at Noho Commons in Los Angeles
CaliforniaInvestment SalesNewsWestern

Institutional Property Advisors Negotiates $92.5 Million Sale of The Lofts at Noho Commons in Los Angeles

by Channing Hamilton

LOS ANGELES — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of The Lofts at Noho Commons, a 292-unit community located in the NoHo Arts District of Los Angeles. The GPI Cos., an investment and development firm based in Los Angeles, acquired the asset from a joint venture partnership for $92.5 million. Joseph Grabiec, Kevin Green and Gregory Harris of IPA represented the seller and procured the buyer in the deal. Lofts at NoHo Commons was built in 2006. The unit mix includes 237 …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentNew JerseyNewsNortheast

Prism Capital Partners to Develop 400-Unit Office-to-Residential Project in Woodland Park, New Jersey

by Channing Hamilton

WOODLAND PARK, N.J. — Locally based development and investment firm Prism Capital Partners will undertake a redevelopment project in Woodland Park, roughly 14 miles north of Newark, New jersey. Jose Cruz, Jeremy Neuer and Ryan Robertson of JLL represented the undisclosed seller in the disposition of the site. The developer plans to convert a 33-acre former office campus at 385 Rifle Camp Road into a 400-unit apartment community. Twenty percent (80 residences) of units will be set aside as affordable housing. Demolition work is currently underway, but a target completion …

Continue Reading
0 FacebookTwitterLinkedinEmail
Wheelock Parkway Apartments in St. Paul, Minnesota
Investment SalesMidwestMinnesotaNews

Marcus & Millichap Arranges Sale of 103-Unit Wheelock Parkway Apartments in St. Paul, Minnesota

by Channing Hamilton

ST. PAUL, MINN. — Marcus & Millichap has brokered the sale of Wheelock Parkway Apartments, a 103-unit community located at 1609 N. Woodbridge St. in St. Paul, for an undisclosed price. Wheelock Parkway Apartments was built between 1965 and 1967. The property comprises 44 one-bedroom and 59 two-bedroom units across 85,580 square feet of rentable space. Amenities include a pool, laundry facilities, picnic areas, a walking path and playground. Chris Collins, Evan Miller, Eric Wagner, Matthew Shide and Zack Olson of Marcus & Millichap represented the seller, a Minnesota-based limited …

Continue Reading
0 FacebookTwitterLinkedinEmail
Madison Bradenton in Bradenton, Florida
FloridaNewsSoutheast

Berkadia Originates $110.7 Million in Financing for Two Developments in Florida

by Channing Hamilton

BRADENTON AND MELBOURNE, FLA. — Berkadia has originated two loans totaling $110.7 million for two projects in Bradenton and Melbourne. Bradenton is located roughly 45 miles south of Tampa, Florida, while Melbourne is approximately 72 miles southeast of Orlando. Both properties will comprise 240 units and are slated for completion in 2026. Alec Fox of Berkadia’s Tampa office secured the financing on behalf of the sponsor, Charlotte-based Madison Capital Group. Berkadia secured $60 million in construction financing for Madison Bradenton, consisting of a $47 million senior loan provided by Peachtree Group …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesLeasing & MarketingNewsTexas

Eastham Capital, Mosaic Residential Acquire Two Communities Totaling 164 Units in Metro Houston

by Channing Hamilton

PEARLAND, TEXAS — Eastham Capital has partnered with Mosaic Residential to acquire Amber Oaks and Park Place, two adjacent communities totaling 164 units in Pearland, about 20 miles south of downtown Houston. Eastham Capital has invested in the deal through its current fund, Eastham Capital Fund VI LP. The acquisition price was not disclosed.  Amber Oaks was built in 2015 and is located at 3340 E Walnut Street. The property consists of 63 units spread across two three-story buildings. The unit mix includes 16 one-bedroom and 47 two-bedroom apartments. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Samo Collection in Santa Monica, California
Affordable HousingCaliforniaInvestment SalesNewsWestern

Gortikov Capital Purchases 399-Unit Affordable Housing Portfolio in Santa Monica, California for $120 Million

by Channing Hamilton

SANTA MONICA, CALIF. — Locally based brokerage and advisory firm Gortikov Capital has purchased Samo Collection, a portfolio of affordable housing communities in Santa Monica, for $120 million. The portfolio comprises 399 units across 11 buildings. The properties were constructed between 1997 and 2009. Samo Collection offers studio, one-, two- and three-bedroom apartments with stainless steel appliances, hardwood-style flooring and central heating and air conditioning. The name of the seller was not released.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.