Top Story

Los Robles Apartments in Thousand Oaks, California
CaliforniaInvestment SalesNewsWestern

Institutional Property Advisors Brokers $171.3 Million Sale of Two Properties in Thousand Oaks, California

by Channing Hamilton

THOUSAND OAKS, CALIF. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of a two-property, 399-unit portfolio in Thousand Oaks. FPA Multifamily purchased the assets from Decron Properties for $171.3 million. IPA’s Kevin Green, Joseph Grabiec and Gregory Harris represented the seller and procured the buyer. The properties included in the portfolio are Los Robles Apartments and The Retreat at Thousand Oaks. Los Robles Apartments is a 32-building property that offers studio, one- and two-bedroom apartments. Units average 882 square feet in size. Amenities …

Continue Reading
0 FacebookTwitterLinkedinEmail
224 W. 124th St. in New York City
FinanceNew YorkNewsNortheast

Dwight Mortgage Trust Provides $100 Million in Bridge Financing for 168-Unit Building in New York City

by Channing Hamilton

NEW YORK CITY — Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided $100 million in bridge financing for a property located at 224 W. 124th St. in New York City’s West Harlem neighborhood. The borrower and developer, Carthage Real Estate Advisors, will use the proceeds to refinance existing construction debt and fund lease-up of the property and other capital expenditures. The 19-story building was completed earlier this year and comprises 168 units. The community offers one-, two- and three-bedroom apartments, as well as townhomes and penthouse suites. …

Continue Reading
0 FacebookTwitterLinkedinEmail
42 West Broad Street in Mount Vernon, New York
FinanceNew YorkNewsNortheast

JLL Arranges $93 Million Loan to Refinance 42 West Broad Street in Mount Vernon, New York

by Channing Hamilton

MOUNT VERNON, N.Y. — JLL Capital Markets has arranged a 93 million loan to refinance 42 West Broad Street, a high-rise community in Mount Vernon. The borrower was a joint venture between Alexander Development Group, The Bluestone Organization and institutional investors advised by JP Morgan Asset Management. Kellogg Gaines and Geoff Goldstein led the JLL Debt Advisory team. Canadian institutional lender Otera Capital provided the loan. Situated in Mount Vernon’s Fleetwood neighborhood, 42 West Broad Street comprises 249 units across 16 stories. Units come in studio, one-, two- and three-bedroom …

Continue Reading
0 FacebookTwitterLinkedinEmail
Margo at The Society in San Diego
CaliforniaInvestment SalesNewsWestern

Decron Properties Acquires Margo at The Society in San Diego for $125.5 Million

by Channing Hamilton

SAN DIEGO — Decron Properties has purchased Margo at The Society, a 240-unit property located at 201 Del Sol Drive in San Diego, for $125.5 million. The seller was not disclosed. The acquisition was completed through a 1031 exchange. Decron Properties sold two assets in Thousand Oaks, California — Los Robles Apartments for $102.5 million and Retreat at Thousand Oaks for $69 million — and reinvested a portion of those funds into Margo at The Society.  Margo at The Society comprises 240 apartments in one-, two- and three-bedroom layouts. Units …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cuvee in Glendale, Arizona
ArizonaInvestment SalesNewsWestern

Fore Property Co. Sells 310-Unit Cuvee in Glendale, Arizona for $86 Million

by Channing Hamilton

GLENDALE, ARIZ. — Fore Property Co. has sold Cuvee, a 310-unit complex in Glendale, to Pillar Communities for $86 million. Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE represented the seller in the deal. Cuvee was built in 2023 at 7200 N. 91st Ave. The property comprises 310 units and offers amenities such as two pools, a fitness center, clubhouse with TV lounges, game room, coffee bar and business center.

Continue Reading
0 FacebookTwitterLinkedinEmail
Bear Valley Park Apartments in Denver
ColoradoInvestment SalesNewsWestern

MG Properties Acquires Bear Valley Park Apartments in Denver for $76 Million

by Channing Hamilton

DENVER — MG Properties has purchased Bear Valley Park Apartments, a garden-style community in Denver, from Jackson Square Properties for $76 million. Bear Valley Park Apartments offers units in one- and two-bedroom layouts. Amenities include a pool, fire pit, package lockers, private parking lot with available garages, resident lounge, fitness center and spa. Jordan Robbins and Alex Possick of JLL Capital Markets represented the seller in the deal. Charles Halladay, Rick Salinas, Brandon Smith and Annie Rice of JLL Capital Markets arranged acquisition financing through Fannie Mae on behalf of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Fannwood Estates in New York City
Investment SalesNew YorkNewsNortheast

Marcus & Millichap Brokers $48 Million Sale of Fannwood Estates in New York City

by Channing Hamilton

NEW YORK CITY — Marcus & Millichap has arranged the sale of Fannwood Estates, a rent-stabilized property located in the Rego Park neighborhood of Queens in New York City. Fannwood Estates offers 312 units across six stories. The asset traded hands for $48 million. Shaun Riney, Seth Glasser, Joe Koicim, Louis Zarif and Sean Fopeano of Marcus & Millichap represented the seller and procured the buyer. Both parties were private investors.

Continue Reading
0 FacebookTwitterLinkedinEmail
55 Hudson in Jersey City, New Jersey
DevelopmentFinanceNew JerseyNewsNortheast

Tishman Speyer Secures $300 Million to Construct 58-Story 55 Hudson in Jersey City, New Jersey

by Channing Hamilton

JERSEY CITY, N.J. — Tishman Speyer has received a $300 million construction loan through Otera Capital for 55 Hudson, a 58-story tower in Jersey City. The property will be located along the Hudson River in the city’s Paulus Hook neighborhood. The building will offer 1,017 units, as well as 75,000 square feet of amenities and 60,000 square feet of retail and restaurant space. Units will come in one-, two- and three-bedroom floor plans. Tishman Speyer plans to break ground on the project in December. Construction is expected to complete in early …

Continue Reading
0 FacebookTwitterLinkedinEmail
A property in North Dakota.
FinanceMidwestNewsNorth Dakota

Bernard Financial Group Arranges $24.8 Million for 603-Unit Portfolio in North Dakota

by Channing Hamilton

WATFORD CITY, DICKINSON, NEW TOWN, KILLDEER AND TIOGA, N.D. — Bernard Financial Group (“BFG”) has negotiated a $24.8 million CMBS loan for a 603-unit portfolio in North Dakota. The portfolio includes communities in Watford City, Dickinson, New Town, Killdeer and Tioga. BFG will provide full cashiering servicing for this loan. Dennis Bernard and Joshua Bernard originated the financing. The borrowing entity was Creekside Owner LLC, Fox Run Owner LLC, Killdeer Highlands Owner LLC, Pheasant Ridge Owner LLC, Timber Cove Owner LLC, Raven Ridge Owner LLC and Custer Crossing Owner LLC.

Continue Reading
0 FacebookTwitterLinkedinEmail
One Riverwalk in Knoxville, Tennessee
Investment SalesNewsSoutheastTennessee

Passco, Greystone Acquire One Riverwalk in Knoxville, Tennessee, for $120.7 Million

by Channing Hamilton

KNOXVILLE, TENN. — A joint venture between Passco Cos. and Greystone has purchased One Riverwalk, a 303-unit community located at 151 E. Blount Ave. in Knoxville. The joint venture acquired the property from the developer, Southeastern, for $120.7 million. The buyers assumed a 10-year Fannie Mae loan totaling $64.3 million that was underwritten with a 3.12 percent fixed interest rate and three years of interest-only payments remaining. Built in 2019, One Riverwalk is situated on a 3.4-acre site along the Tennessee River and just over the Henley Street Bridge from …

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