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Seitz Group to Start Massive Development in DFW Suburb Celina

Self-Storage Development and Zoning Activity: April 2023

Following is self-storage development and zoning activity taking place in April 2023.

JLL Capital Markets Group Secures $57.5 Million in Financing for 220-Unit EVO Apartment Community Located in Downtown Englewood

MORRISTOWN, NJ – JLL Capital Markets announced today that it has arranged the $57.5M financing of EVO, a 220-unit, newly built, luxury multi-housing property located in downtown Englewood, New Jersey. JLL represented the sponsorship, a joint venture between Claremont Development, Cypress Equity Investments and Battery Global Advisors, to secure the eight-year, fixed-rate loan through The Guardian Life Insurance Group of America. EVO features spacious studio, one- and two-bedroom.

Four New Jersey and Long Island Real Estate Deals

Multifamily Developer Seeing Strong Demand at Apartment Communities Near Metro's E-Line Downtown Santa Monica Station

SANTA MONICA, CA - Cypress Equity Investments (CEI), a national multifamily developer with a growing portfolio in Los Angeles, has announced that the 191-unit second phase of ‘Catherine Santa Monica’, a 281-residence luxury residential apartment community in Santa Monica, CA, has surpassed 70% leased in the nine months since its completion in December 2021. Catherine joins ‘Junction Santa Monica’, CEI’s adjacent 66-residence boutique apartment community on Lincoln.