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M&T Provides $93.5M Loan for San Jose Luxury Apartment Complex

JRK Property Holdings has acquired a 301-unit apartment complex in San Jose, Calif. with the help of $93.5 million in financing. ....

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M&T Provides $93.5M Loan for San Jose Luxury Apartment Complex

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. ....

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IPA sells Country Gables in Glendale for $28 million

IPA sells Country Gables in Glendale for $28 million
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MG Properties Completes Acquisition of 192-Unit Artesia Apartment Community in Silver Lake Neighborhood of Everett for $61.6 Million

EVERETT, WA - MG Properties, a privately held real estate investment company, has announced the acquisition of Artesia Apartments, a premier apartment community located in the Silver Lake neighborhood of Everett, Washington, for a purchase price of $61.6 million.
Artesia Apartments is a 192-unit apartment community located in the highly desirable city of Everett, which is a thriving business hub and offers easy access to Seattle and the surrounding areas. The community features spacious and. ....

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Institutional Property Advisors Closes $61.6 Million Sale and Arranges Financing for Suburban Seattle Multifamily Asset

Institutional Property Advisors Closes $61.6 Million Sale and Arranges Financing for Suburban Seattle Multifamily Asset
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