Multifamily

The-Gilman-Irving

IRVING, TEXAS — Locally based owner-operator Rosewood Property Co. has begun leasing The Gilman, a 370-unit apartment community located within Irving’s Las Colinas district.. Situated on 6.9 acres, the development offers studio, one-, two- and three-bedroom floor plans that range in size from 615 to 1,460 square feet. Amenities include a pool, fitness center, indoor and outdoor clubrooms, a poker lounge, coworking space, a golf simulator, sky lounge and a dog park. Construction of The Gilman, which Rosewood developed in partnership with Barings, began in 2024 and is slated for full completion in early 2027. Rents start at $1,878 per month for a studio apartment.

FacebookTwitterLinkedinEmail

NEW YORK CITY — JLL has arranged a $118.9 million acquisition loan for 360 West 43rd Street, a 255-unit apartment building in Manhattan’s Hell’s Kitchen neighborhood. Developed in 2002, the 23-story building offers a rooftop deck and a fitness center in addition to 11,347 square feet of commercial space and an onsite parking garage. Christopher Peck and Nicco Lupo of JLL arranged the loan through Starwood Capital Group on behalf of the buyer, local investment firm Atlas Capital Group. Ivan Hakimian of HPNY brokered the sale of the property.

FacebookTwitterLinkedinEmail

MENOMONEE FALLS, WIS. — JLL Capital Markets has arranged $39.1 million in construction takeout financing for Tennessen Flats, a 173-unit apartment community in the Milwaukee suburb of Menomonee Falls. Phil Galligan, Brian Walsh, Christian Johnston and Merrick Evans of JLL secured a floating-rate loan through Argentic on behalf of the borrowers, Weas Development and Klein Development. The loan refinanced the property’s existing construction loan. Completed in 2025, Tennessen Flats consists of three four-story buildings and is complemented by two standalone retail buildings totaling 15,360 square feet. Amenities include a pool, rooftop terraces, a fitness center, yoga studio and resident lounge.

FacebookTwitterLinkedinEmail

MADISON, WIS. — CBRE has brokered the nearly $30 million sale of a two-property multifamily portfolio totaling 108 units in Madison. CBRE’s Gretchen Richards, Matson Holbrook and Sean Beuche represented the seller, Flad Development & Investments. Back Nine Acquisitions LLC was the buyer. The portfolio includes The Tradition at Smoky’s Club, a 59-unit property, and The Whitney Reserve, a 49-unit building. The assets include more than 2,400 square feet of ground-floor retail space and are located 1.4 miles apart. Both properties feature fitness centers, top-floor plazas with grills, community rooms, coworking and business areas, heated underground parking and electric vehicle charging stations.

FacebookTwitterLinkedinEmail
Maple-Terrace-Residences_Dallas

DALLAS — Broe Real Estate Group has acquired Maple Terrace Residences, a 22-story, 345-unit apartment tower in Uptown Dallas. A partnership between Houston-based Hines, Mitsui Fudosan American and McNair Interests developed the building, which opened in 2024. Maple Terrace Residences is part of a larger mixed-use development that is an adaptive reuse project of historic buildings along Maple Avenue. Units come in studio, one-, and two-bedroom floor plans and include penthouse offerings. Amenities include a pool, library and lounge, fitness center, clubroom with a kitchen, media and gaming lounge, a secret garden, dog park and concierge services. JLL brokered the sale of the property. The sales price was not disclosed.

FacebookTwitterLinkedinEmail

NEW YORK CITY — JLL has arranged a $104 million loan for the refinancing of a portfolio of two multifamily properties totaling 233 units in Manhattan. The portfolio comprises Renoir House, a 151-unit building located at 225 E. 63rd St. on the Upper East Side, and an 82-unit building located at 120-125 Riverside Drive on the Upper West Side. The buildings were originally constructed in 1962 and 1904, respectively. Scott Aiese, Lauren Kaufman, Hall Oster and Alex Staikos of JLL arranged the financing through Citi on behalf of the owner, AYA New York. The portfolio was roughly 97 percent occupied at the time of the loan closing.

FacebookTwitterLinkedinEmail

WILDWOOD, FLA. — JLL has brokered the sale of The Juliette, a 330-unit multifamily community located at 6629 Dan Diciolla Drive in Wildwood. The buyer, Centennial Holding Co. LLC, purchased the property from an undisclosed seller. Cliff Taylor, Joe Ayers, Kyle Butler and Ted Taylor of JLL represented the seller and procured the buyer in the transaction. Additionally, Melissa Quinn and Matt Kafka, also with JLL, originated a seven-year Freddie Mac acquisition loan for Centennial Holding. The sales price and loan amount were not disclosed. Built in 2024, The Juliette sits on 21.8 acres near The Villages master-planned community in Central Florida and was 96 percent occupied at the time of sale. The property comprises 288 apartments and 42 townhomes averaging 971 square feet in size. Outdoor amenities include a pool, pavilion with a cabana, golf cart parking, dog park, community garden, lakeside nature trail with direct access to Millennium Park and an outdoor game area featuring bocce ball, cornhole, billiards, foosball and table tennis. Indoor amenities include a fitness center and a business center with flexible office spaces available for daily or monthly rental.

FacebookTwitterLinkedinEmail
Vandal-Village-Moscow-ID

MOSCOW, IDAHO — A partnership between Gilbane Development Co., Rocky Mountain Cos. and the University of Idaho has completed Vandal Village, a 451-bed development for graduate students and students with families on the institution’s campus in Moscow. Located at 1010 Deakin Ave., the 200,000-square-foot community offers 240 fully furnished units in two- through four-bedroom configurations. Of the property’s 451 beds, 232 are designated for graduate students and 219 for married and parenting students. The community also offers shared amenity spaces for studying, collaboration and social engagement. The development team for the project included Lydig, Integrus and Design Collective. The project is part of a larger $135 million renovation and redevelopment of South Hill and Elmwood Apartments, the Wallace Residential Center and the Theophilus Residence Building on the University of Idaho campus.

FacebookTwitterLinkedinEmail
Murano-Senior-Living-Seattle-WA

SEATTLE — Columbia Pacific Advisors has received a $130 million loan for the refinancing of Murano Senior Living, a seniors housing community located in Seattle. The borrower developed the property, which opened in 2019. Chris Cain, Tyler Armstrong and Taylor Russ of Lument arranged the financing on behalf of the borrower. Murano Senior Living features 243 units, with 215 independent and assisted living units and 28 memory care units. Amenities at the property include wellness suites, an art studio and an outdoor terrace. Merrill Gardens operates the community on behalf of the owner. Occupancy at the property surpassed 90 percent in October. Alternative investment management firm Columbia Pacific Advisors has executed more than $10 billion in seniors housing-related transactions since 2006. 

FacebookTwitterLinkedinEmail
Coventry-House-Othello-WA

OTHELLO, WASH. — Marcus & Millichap has brokered the sale of Coventry House, a 64-unit seniors housing community located in Othello in southeastern Washington. A Washington-based owner and operator with a portfolio of more than 10 senior living communities in the state purchased the property for an undisclosed price. Michael Mooney, Nick Stahler, Chad Mundy and Joel Deis of Marcus & Millichap brokered the transaction on behalf of the seller, an owner and operator preparing for retirement. The 50,456-square-foot community features 48 assisted living and 16 independent living units. Amenities at the property, which was built in 2003, include landscaped courtyards, walking paths and dining and activity areas.  

FacebookTwitterLinkedinEmail
Newer Posts