Search results for

"Mullen"

WALKER & DUNLOP ARRANGES REFINANCING LOAN FOR COON RAPIDS

by admin July 30, 2012

COON RAPIDS, MINN. — Walker & Dunlop has arranged a $12 million loan for the refinancing of Select Senior Living at Coon Rapids, a 68-unit assisted living facility in Coon Rapids. Amenities at the property include separate dining rooms for memory-care and assisted-living residents, an activity center and theater room. Carolyn McMullen of Walker & Dunlop secured the loan through the U.S. Department of Housing and Urban Development's Section 232/223(f). The loan contains a 35-year amortization schedule.

July 30, 2012

TWO D.C. APT. BUILDINGS SELL FOR $2.32M

by admin March 28, 2012

WASHINGTON, D.C. — Greysteel has arranged the sale of two multifamily buildings in Washington, D.C., totaling 69 units, for $2.32 million. The properties include the 33-unit 1 Hawaii Ave. NE and the 36-unit 113 Wilmington Place SE. Ari Firoozabadi, John Mullen, Kyle Tangney, Henry Schuldinger and Caleb Brown of Bethesda, Md.-based Greysteel, along with Marcus & Millichap, represented the sellers in both transactions. For 1 Hawaii Ave. NE, Carroll Associates sold the property to Mayfair LLC for $1.32 million. For 113 Wilmington Place, RM Cohen Investment Co. sold the property for $1 million.

March 28, 2012

Multifamily Southeast

M&M BROKERS $17.12M MULTIFAMILY SALE

by admin November 1, 2011

WASHINGTON, D.C. — Bethesda, Md.-based The Firoozabadi Group of Marcus & Millichap has arranaged the $17.12 million sale of the 95-unit La Reine Apartments, located at 5425 Connecticut Ave. N.W. in Washington, D.C. Ari Firoozabadi, John Mullen and Kyle Tangney of The Firoozabadi Group represented Kline Family LLC, the seller, in the transaction. The buyer was Rockville, Md.-based Kossow Management.

November 1, 2011

Multifamily Southeast

M&M BROKERS $5.41M SENIOR HOUSING SALE

by admin September 12, 2011

NEWPORT NEWS, VA. — The Firoozabadi Group of Marcus & Millichap and the Tax Credit Group have arranged the $5.41 million sale of the 132-unit Lexington Commons, located at 14534 Old Courthouse Way in Newport News. Artcraft Management was the seller and Capital Vision Management was the buyer. Ari Firoozabadi, Chris Chadwick, John Mullen and Kyle Tangney of The Firoozabadi Group's Washington, D.C., office, along with the Tax Credit Group's Seattle office, represented both parties in the transaction.

September 12, 2011

Multifamily Texas

PEBBLE CREEK APARTMENTS RECEIVES HUD REFINANCE LOAN

by admin September 8, 2011

PORT ARTHUR — Walker & Dunlop has provided a $5.97 million loan under the U.S. Department of Housing and Urban Development (HUD) Section 223 (a)(7) program for Pebble Creek Apartments, a 208-unit garden style apartment complex in Port Arthur. The apartment complex features a swimming pool, playground and laundry center, and is currently 95 percent leased. Walker & Dunlop's Carolyn McMullen provided the loan for the borrower, The Itex Group, based on a 37-year term and a 37-year amortization schedule.

September 8, 2011

Industrial Northeast

NEW PENN JERSEY HQ COMPLETE

by admin April 28, 2011

PHILADELPHIA — Construction is complete for the new headquarters and distribution center for Penn Jersey. The 255,336-square-foot building is located on 30 acres at 9355 Blue Grass Road in Philadelphia. A joint venture between Dermody Partners and Great Point Investors developed the project as a build-to-suit for Penn Jersey, which is leasing it for a 15-year term. The building has been submitted for LEED-Silver certification. Blue Rock Construction was the project's general contractor. The CB Richard Ellis team of Steve Marzullo, Patrick Green and Michael Mullen represent Penn Jersey in the lease arrangement.

April 28, 2011

Industrial Northeast

LEXINGTON INKS 241,977 SF INDUSTRIAL LEASE IN PA.

by admin March 10, 2011

BRISTOL, PA. — Lexington Realty Trust has signed a 15-year lease with an undisclosed tenant for 241,977 square feet of industrial flex space at 250 Rittenhouse Circle in Bristol. The tenant will use the property, located within Keystone Park, for light assembly, warehouse/distribution and office space. The Binswanger team of Frank Cullen and Chris Pennington represented Lexington in lease negotiations. The CB Richard Ellis team of Michael Mullen and Pat Green represented the tenant.

March 10, 2011

Multifamily Texas

LMI CAPITAL ARRANGES DEBT FOR HOUSTON MULTIFAMILY PROJECT

by admin May 4, 2009

HOUSTON — Jamie Mullen of The Woodlands, Texas-based LMI Capital has arranged $4 million in debt for the acquisition of Cedar Branch Apartments in Houston. Located at 1217 Blalock, the 234-unit community features 24 studio, 150 one-bedroom and 60 two-bedroom units. Mullin worked on behalf of the purchaser to secure the financing with one of LMI’s lending sources.

May 4, 2009

Office Southeast

LAND PURCHASED FOR HIGH-RISE OFFICE BUILDING

by admin October 28, 2008

RICHMOND, VA. — AH Richmond Tower 1 has purchased 0.38 acres of land from James Center Development Co. c/o CSX for $3 million. Plans for the space, located at the intersection of 10th and Canal streets in Richmond, include the Williams Mullen Center, a high-rise office building. Jeffrey Cooke and Suzanne White of Thalhimer brokered the sale.

October 28, 2008

Industrial Northeast

KLEMMER, COLLIERS BROKER 87,700-SQUARE-FOOT INDUSTRIAL SALE

by admin August 14, 2008

MERRIMAC, MASS. — Winchester, Mass.-based Klemmer Associates, along with Colliers Houston, has brokered the sale of an 87,700-square-foot industrial building located at 51 E. Main St. in Merrimac, for $2.3 million. Klemmer Associates and Colliers Houston represented the undisclosed seller. The buyer, James F. Mullen Co., was represented by Peter Richardson of Jones Lang LaSalle.

August 14, 2008

Newer Posts

Older Posts