JLL’s Capital Markets group and HJ Sims arranged $473 million in tax-exempt and taxable bond financing for the ground-up development of The James, a luxury rental, 350-bed seniors housing community in Irvine. Reportedly it’s the largest tax-exempt senior living financing of the year and…
Initial phases of the proposed Lotus Grove district are on pace to see vertical construction in summer 2025, with an expected total cost north of $300 million, according to Urbanize Atlanta. Atlanta-based Insignia is developing low-rise retail and restaurants and…
Optima, Inc. has received final village board approval for Optima Lumina, a 128-unit luxury residential building in downtown Wilmette on Chicago’s North Shore. The six-story building features one- to three-bedroom residences of up to nearly 3,000 square feet, almost 5,900…
MonticelloAM, a specialized multifamily and seniors housing bridge lending platform, closed $18 million in bridge financing for a seniors housing community in Wisconsin. The financing originated with Karina Davydov, managing director at MonticelloAM. Proceeds from the $18 million bridge loan…
RIPCO Real Estate closed the sale of 88-56 162nd St. for $18.8 million, marking the largest new construction multifamily building sale in the Special Downtown Jamaica District since its 2007 neighborhood-wide rezoning. Measuring 49,264 square feet, the seven-story building features 51…
Houston-based Radom Capital, a real estate investment and development firm focused on mixed-use properties, has purchased out of foreclosure the retail portion of developer StoryBuilt’s Willa mixed-use condo development on South First Street in Austin, reported the Austin Business Journal….
Flacks Group acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel. It’s located on the banks of the Savannah River, a short distance from the iconic Augusta National Golf Club, home of The Masters Tournament. Built in 2019, the…
Branch Properties plans to reimagine Gainesville’s Lakeshore Mall into a walkable, open-air destination. The mixed-use redevelopment will retain key retail tenants while introducing new residential and retail elements. The first step in the extensive, multi-year planning process is filing the…
KISCO Senior Living obtained a $71.3 million refinancing of the Abbotswood at Irving Park, a senior living community in Greensboro. Berkadia’s Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia Seniors Housing & Healthcare, secured the financing through…
Berkadia and NYU | Stern partnered recently to create a new opportunity for students at top business schools across the U.S. During the inaugural Multifamily Investment Case Competition, held from Nov. 14-16 at New York University Stern School of Business,…
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