JRK Property Holdings, a Los Angeles-based real estate investment firm, has acquired a 301-unit apartment complex in San Jose, Calif., via its value-add fund, for $93.5 million, with the help of $61 million in financing. The financing — a 10-year, fixed-rate Freddie Mac (FMCC) loan at a 5.37 percent interest rate-– was supplied through a joint arrangement between Institutional Property Advisors Capital Markets and M&T Bank (MTB). Institutional Property Advisors, a division of Marcus & Millichap (MMI), used the team of Brian Eisendrath, Cameron Chalfant and Jake Vitta to arrange the financing.
OAKLAND, CA - KTGY, a leading full-service architecture, branding, interior and planning firm focused on residential, retail, hospitality and mixed-use developments, announced today that the Building Industry Association of the Bay Area has recognized KTGY-designed residential communities and residences at the prestigious 45th Annual MAME Awards competition presented by the Sales & Marketing Council.
The awards honor the industry s most outstanding builder, sales, marketing, and trade.