Scottsdale
JDL Lands $160M Construction Loan for Juno Beach Condos
Argo Real Estate, Bsafal, and Taconic Capital Advisors have provided a $160 million construction loan to Chicago-based developers JDL Development and Wanxiang for Caretta, a… Read more
Affinius Capital Closes $166M Refi of Columbus MF Portfolio
Affinius Capital LLC has closed $165.7 million of loans to refinance three multifamily properties in Columbus, Ohio. The loans on… Read more
Slate Secures $97M Refi for Queens MF Complex
Slate Property Group and Grobman Gross Properties secured a $97 million refinancing deal for The Yellowstone, a 166-unit multifamily complex… Read more
Scottsdale Mall Adds Hotel, Exploring Offices, Residences
The new 11-story, 265-room Ceasars Republic Scottsdale is accepting guests. The hotel, on the north side of Scottsdale’s Fashion Island,… Read more
IDEAL Buys Glendale Rental Community for $108M
IDEAL Capital has purchased a 325-unit apartment complex in Glendale for $108 million. Hines, the project developer and seller, completed the… Read more
BWE Lines Up $225M Financing on OC Multifamily
BWE secured $224,699,000 in financing for a six-property, 1,192-unit multifamily portfolio in Orange County. Five properties in the portfolio were… Read more
Santa Clara Apartments Fetch $125M in Sale to AZ Buyer
(Updated with additional information) The Prado apartment complex in Santa Clara has sold for $125 million, reported the Mercury News.… Read more
JLL Brokers Sale of Two Twin Cities MF Properties
JLL closed the sale of two Twin Cities multifamily properties, including the 69-unit Southdale Parc Apartments in Richfield, Minnesota, and… Read more
Bronx $1B Affordable Housing Breaks Ground
Elected officials and community leaders joined Camber Property Group to break ground on Phase 1 of the $1 billion Stevenson… Read more
Aurora Apartments Sell for $51.5M
Tahoma Capital Partners paid $51.5 million for Crossroads at City Center in Aurora. The 208-unit multifamily development is a 13-building… Read more
Miami Investor Obtains $60.9M Construction Refi
Barrington Brothers has obtained $60.9 million in construction refinancing for the development of The Kavista, a 282-unit project in Miami. Värde Partners provided… Read more
Hoboken Development Site Sold for $8M
AIRN Management has acquired a 13,000-square-foot development site at 511-521 Newark Street in Hoboken, NJ, for $7.5 million. The property,… Read more
Report: HSTPA Has Disastrous Effects on NYC
A new survey commissioned by the Real Estate Board of New York (REBNY) and the Rent Stabilization Association of NYC… Read more
Mixed-Use Residential Nears Completion in Lemon Grove
Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion in a rapidly growing San Diego… Read more
Countering NIMBYism: Converting Houses of Worship into Much-Needed Housing
Once upon a time, large and small churches were the mainstays of most American communities. However, Christianity Today reported that… Read more
FPA Adds More Ventura County Apartments for $153M
Institutional Property Advisors (IPA) has arranged the $153-million sale of a two-property, 409-unit multifamily portfolio in Ventura Count. The properties are… Read more
Tower 16 Pays $43M for Reno Rental Property
Tower 16 Capital Partners acquired The Deco at Victorian Square, a 209-unit multifamily property located in Reno, Nevada. The project… Read more
Rare Scottsdale Self-Storage Project Obtains Financing
JLL Capital Markets arranged the $17.5 million construction financing for a to-be-built, Class A, self-storage facility located in Scottsdale. A JLL… Read more
Greystone, BMO Provide $81M Refi on Jurupa Valley Apartments
Greystone provided an $81,129,000 Freddie Mac Optigo loan to refinance Vernola Marketplace Apartments, a 397-unit luxury multifamily property in Jurupa Valley. The financing was originated by Clint Darby and Andrew… Read more