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News
Morgan Stanley Pays $91M for Tampa Florida Multifamily Senior Communities
3+ day, 7+ hour ago (411+ words) Morgan Stanley Investment Management has purchased two senior communities totaling 299 units in the Tampa, Fla., and Orlando, Fla., metro areas, through its Morgan Stanley Real Estate Investing funds. The portfolio comprises the 193-unit Sonata Lake Mary in Lake Mary, Fla.,…...
Hunington Residential Sells Its Third Houston Multifamily Disposition The Vic at Jordan Ranch
3+ day, 10+ hour ago (163+ words) yieldpro.com Hunington Residential, the residential development arm of Hunington Properties, Inc., announced the sale of The Vic at Jordan Ranch, a 365 unit, approximately 302,619-square-foot multifamily community located at 2011 Texas Heritage Parkway in Katy, Texas, to an institutional buyer. The…...
JLL Capital Markets Secures $21.5M Construction Loan for Miami Dade County's Newest Multifamily Mixed-Use Development
1+ week, 3+ day ago (671+ words) Yield PRO JLL Capital Markets announced today that it has arranged a $21.5 million construction financing for MMG Equity Partners’ Coral Nest development, a mixed-use project featuring 38 for-sale townhomes and three retail outparcels in Miami, Florida. JLL represented MMG Equity Partners,…...
$76.25M in Capital Secured for Multifamily Apartment Project Thompson Oaks in West Saint Paul
1+ week, 3+ day ago (691+ words) Yield PRO JLL Capital Markets announced that it has secured financing totaling $76.25 million for Thompson Oaks, a 291-unit multi-housing development located along the Robert St corridor in West St. Paul, Minnesota. JLL represented the Sponsor, Greco and Swervo Management, in…...
SCALE Lending Issues $245M Bridge Loan for Upland Park Phase 1A Completion
1+ week, 4+ day ago (262+ words) SCALE Lending, the debt financing arm of Slate Property Group, announced that it has finalized a $245 million bridge loan for Terra Group for Upland Park Phase 1A, a six-building multifamily community under construction in the Sweetwater neighborhood of Miami, Florida. Terra…...
Dominium Acquires Land for Terrell Family Apartments, Bringing 250 New High-Quality Affordable Homes to Dallas-Fort Worth Metro
1+ week, 4+ day ago (334+ words) Terrell Family Apartments Yield PRO Dominium, a leading national affordable housing owner, developer and manager, announced today the acquisition of land for Terrell Family Apartments, a new affordable housing community in Terrell, Texas. Located on Rose Hill Road, the development…...
Wingspan Development Group and UrbanStreet Group Form Strategic Alliance to Expand Real Estate Development Opportunities
1+ week, 5+ day ago (191+ words) Yield PRO Two of Chicagoland’s most active development firms with national reach announced that they have completed a merger that will position both firms for accelerated growth: UrbanStreet Group and Wingspan Development Group, a national development arm of Nicholas Family…...
Gantry Secures $24.4M Construction Takeout Loan for Colorado Multifamily Apartment Community
2+ week, 8+ hour ago (102+ words) Yield PRO Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $24.4 million permanent loan as construction takeout financing for the Edison at Chapel Hills apartments located at 970 Menlo Park Point within the Briargate neighborhood of Colorado…...
Gantry Secures $22.8M Permanent Financing for Kansas Multifamily Serving Pittsburg University Community
2+ week, 8+ hour ago (62+ words) Yield PRO Gantry’s Mark Reichter, Principal, and Alec Frook, Associate, with the firm’s Kansas City production office represented the borrower, a private real estate investor. The five-year, non-recourse, fixed rate loan was secured from one of Gantry’s preferred CMBS lenders…...
Evergreen Real Estate Group Breaks Ground on 3 Affordable Assisted Living Communities in Ohio Located in the Dayton and Columbus Metros
2+ week, 9+ hour ago (559+ words) Chicago-based Evergreen Real Estate Group announced it has broken ground on three affordable assisted living communities in Ohio, located near Dayton and Columbus. Completion for all three developments is expected in fall/winter 2027. Construction is now underway on Green Oaks…...