11+ hour, 19+ min ago  (250+ words) Yield PRO Flournoy Development Group has finished construction on District Eastside, a 262-unit, 342, 000-square-foot luxury multifamily community in Greenville, S. C. Mc Shane Construction Co. delivered of the property at 2702 Pelham Road for Flournoy, a repeat client. Dynamik Design was the architect…...

12+ hour, 23+ min ago  (172+ words) JLLCapital Markets announced that it has secured a $76. 8 million construction financing for a 415-unit mixed-use development project in Jacksonville Beach, Florida. JLL represented the borrower, Trevato Development Group, in securing the four-year, floating-rate loan through Ameris Bank. The development, located…...

11+ hour, 41+ min ago  (143+ words) Yield PRO WNC & Associates has closed its Institutional Tax Credit Fund 59 at $210 million. The capital will support the development and rehabilitation of 18 affordable housing properties encompassing 2, 015 units across 13 states. Of the total, five communities cater to seniors. Fund 59 invests in…...

11+ hour, 24+ min ago  (181+ words) Yield PRO Good Homes Communities has purchased Arlington Court Suites, a 187-key hotel in Arlington, Va. , with plans to convert it into a 180-unit residential property. The company paid $35 million to Arlington Hotel Holdings Inc. for the asset, in a…...

12+ hour, 30+ min ago  (258+ words) Leading financial services provider Merchants Capital announced $10. 8 million in permanent financing for Floret Hill, a 121unit affordable housing development in Lawrence, Kansas, established as part of a city-supported initiative to expand affordable housing supply. Merchants Capital secured a Freddie Mac Unfunded…...

1+ day, 11+ hour ago  (307+ words) Marcus & Millichap Arranges $4. 75 M Sale of Multifamily Community Fireside Apartments in Phoenix Yield PRO Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fireside Apartments, a…...

1+ day, 13+ hour ago  (273+ words) Northmarq's Phoenix Investment Sales (IS) team of Jesse Hudson, Chris Michl and Logan Baca arranged the $21. 7 million sale of Rise at the Northern, a 108-unit garden-style apartment community located at 17840 N. Black Canyon Hwy. in Phoenix, Arizona. Northmarq represented the seller,…...

1+ day, 12+ hour ago  (66+ words) Yield PRO "Investments like Crystal View demonstrate how strong partnerships can preserve affordable housing in high-opportunity, supply-constrained markets. We are proud to partner with Eagle to expand long-term affordability while delivering lasting value for residents and investors," said Yusef Freeman,…...

3+ day, 18+ hour ago  (171+ words) Yield PRO The $5-billion next phase of the decades-long Atlantic Yards/Pacific Park project in Downtown Brooklyn will move forward with a new plan that adds thousands more apartments than previously proposed. The developers Cirrus Real Estate Partners and LCOR…...

3+ day, 18+ hour ago  (83+ words) Yield PRO CBRE has arranged a $24. 1 million sale of The Q, an 87-unit multifamily community located at 1321 Queen Anne Ave N in Seattle's Queen Anne neighborhood, to Kite Partners LLC. CBRE's Mark Zoffel, Peter Wright, Reed Hunter, and Spencer Clark represented…...