CIVITAS CAPITAL GROUP CLOSES 287-UNIT MULTIFAMILY ACQUISITION IN GREATER HOUSTON

Built in 2022, Cypresswood Apartments highlights firm’s growth strategy SPRING, Texas, Dec. 12, 2022 — Civitas Capital Group, a Dallas-based alternative investment manager specializing in niche opportunities in U.S. real estate, has acquired Cypresswood Apartments, a three-story, 287-unit garden-style apartment community in the highly attractive Greater Houston (Texas) market. “It’s a recent build, garden-style property with high-quality new construction in a […]

Eastern Union Secures $78,575,000 Loan to Refinance 12-Property, 1,017-Unit Multifamily Portfolio in New Jersey and the Bronx

Alex Jaffa Delivers Financing at a Fixed 4.25-Percent Interest Rate Over A Ten-Year Term NEW YORK, Dec. 12, 2022 — Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of twelve multifamily properties consisting of eleven sites across nine New Jersey localities, along with one property in the Bronx. Eastern Union is […]

Kasa Living, Inc. Partners with New York-based Delshah Capital to Open Second Property in Manhattan

20 new Kasas arrive in the coveted Lower East Side neighborhood NEW YORK, Dec. 6, 2022 — Kasa Living, Inc., a tech-enhanced, flexible accommodations brand and operator, will soon welcome a new property to its portfolio. Kasa Lantern LES opens December 12, 2022. New York-based Delshah Capital owns the property, which it acquired in February 2021. Situated in the heart of Manhattan’s Lower East […]

Aventon Companies Continues Expansion into Georgia with Second Luxury Apartment Community in Savannah

Aventon Victory will be a 280-Unit, Four-Story Development Situated Along Victory Drive in Midtown SAVANNAH, Ga., Dec. 1, 2022 — Aventon Companies, a prominent, vertically integrated multifamily developer with active projects throughout the Mid-Atlantic and Southeast, announces its newest project, Aventon Victory in Savannah, Georgia. The community will be a 280-unit, four-story, Class-A development, located near the intersection […]

Embrey Closes on Second Land Purchase in Charlotte, North Carolina

CHARLOTTE, N.C., Nov. 18, 2022 /PRNewswire/ — Embrey has closed on the land purchase for Finley, a 343-unit multifamily community project in Charlotte, North Carolina. The project is Embrey’s second in the Charlotte market and is in the vibrant University City submarket. The location offers future residents close access to the city center, shopping, leisure activities and to the University of […]

Century Living Announces 300-Unit Apartment Project in Parker, CO

Compark Apartments to offer garden-style units & desirable amenities in prime location GREENWOOD VILLAGE, Colo., Nov. 17, 2022 /PRNewswire/ — Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced that Century Living—the Company’s national multifamily and build-to-rent division—has broken ground on a 300-unit apartment project in Parker within the Compark Business Campus. […]

Walker & Dunlop Arranges $204 Million for Mixed-Use Property in Brooklyn

BETHESDA, Md., Nov. 16, 2022 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it has secured $204 million in loan proceeds from MF1 Capital to refinance The Axel, a 29-story mixed-use multifamily and commercial asset with 284 multifamily units located at 550 Clinton Avenue and 539 Vanderbilt Avenue in Brooklyn, New York. The Walker & Dunlop team, comprised of Aaron Appel, Keith Kurland, Jonathan […]

LandSouth Breaks Ground on Causeway Apartments

JACKSONVILLE, Fla., Oct. 27, 2022 /PRNewswire/ — LandSouth Construction, a Jacksonville, Fla.-based, award-winning general contractor, has broken ground on Causeway Apartments, an upscale multifamily development in Land O’Lakes, FL.  Causeway Apartments is scheduled for completion in early Fall 2024 and will be located on Land O’Lakes Boulevard. “LandSouth is excited to bring Causeway Apartments to life,” shared James Pyle, LandSouth President and […]

Real Estate Powerhouses – RREAF Holdings, DLP Capital and 3650 REIT – Partner to Purchase $500 Million Southeast Portfolio Spanning Seven States

DALLAS, Oct. 6, 2022 /PRNewswire/ — RREAF Holdings LLC, a private real estate investment and development firm, in partnership with 3650 REIT and real estate investment and financial services firm DLP Capital, today announced the acquisition of “Southeast Multifamily Portfolio III,” with a capitalization of approximately $500 million. The portfolio includes 10 multifamily properties consisting of over 2,744 units located in Arkansas, Georgia, Indiana, Mississippi, North Carolina, Oklahoma, […]

Dewitt Carolinas, Inc. Begins Construction of 1000 Social, the First of Two Office Towers in The Exchange Raleigh

RALEIGH, N.C., Sept. 22, 2022 /PRNewswire/ — Dewitt Carolinas, Inc., a real estate development firm specializing in large scale mixed-use, multifamily, and commercial properties throughout the Carolinas, today broke ground on 1000 Social, the first of two twelve-story office towers at its 40–acre, billion-dollar project, The Exchange Raleigh. 1000 Social will establish the mixed-use project’s overall aesthetic, with modern architecture […]