by Kipp Gillian | Feb 24, 2025 | Multifamily
The Mogharebi Group (TMG) arranged the $37,600,000 sale of Summerview Apartments, a 136-unit multifamily community at 3601 Prescott Rd. in Modesto, on behalf of San Francisco-based Tesseract Capital Group, based out of San Francisco. The buyer was Summerview...
by Kipp Gillian | Feb 24, 2025 | Multifamily
With the aim of addressing Massachusetts’ housing crisis, the 16-member Unlocking Housing Production Commission convened by Gov. Maura Healey has released its recommendations. It follows the release of the state’s first comprehensive statewide housing plan,...
by Kipp Gillian | Feb 24, 2025 | Multifamily
As part of the next phase of the Adams administration’s redevelopment plan for Coney Island West, the New York City Economic Development Corporation has issued an RFP for Parcel A, an 80,000-square-foot site along Surf Avenue. The site will eventually contain...
by Kipp Gillian | Feb 24, 2025 | Multifamily
Capland Development is in the early stages of planning a massive 257-acre project in Hutto. Called Gateway at Hutto, the project is slated to include 29 acres of multifamily development (730 units), about 13 acres of townhome construction (125 units), roughly 68 acres...
by Kipp Gillian | Feb 24, 2025 | Multifamily
A group of property owners is working together on a 402-unit apartment community in Durham. The property, off Hoover Road west of Interstate 885, was assembled over the years, including several much smaller pieces. The property owners include John Warasila, founding...
by Kipp Gillian | Feb 24, 2025 | Multifamily
BridgeInvest has closed a $77.6 million loan to fund the acquisition of Wake Biscayne Bay, a prime waterfront multifamily complex in Miami’s North Bay Village. The loan supports an institutional joint venture between BH Group and InterVest Capital Partners,...
