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$109 Million in Construction Financing Secured for Brooklyn Multifamily Development

$109 Million in Construction Financing Secured for Brooklyn Multifamily Development

by Phil Hall | Mar 18, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory service firm, announced it has structured $109 million in construction financing for the development of 1034-1042 Atlantic Ave., a to-be-constructed,...
Pop-Up Hotel to Open at New DC Multifamily Development

Pop-Up Hotel to Open at New DC Multifamily Development

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Placemakr, a flexible-use hospitality and multifamily operator, announced the upcoming launch of Placemakr Cathedral Heights, a pop-up hotel within the new Upton Place multifamily development at the former Fannie Mae office building in Washington, D.C. Created in...
Mercedes-Benz Unveils First U.S. Branded Residential Project

Mercedes-Benz Unveils First U.S. Branded Residential Project

by Phil Hall | Feb 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The automaker Mercedes-Benz has teamed with the real estate firm JDS Development Group to unveil Mercedes-Benz Places, a 67-story mixed-use residential project in Miami. According to the companies, the new development spans over 2.5 million square feet and is one of...
$12.1 Million Refinancing Arranged on California Multifamily Property

$12.1 Million Refinancing Arranged on California Multifamily Property

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Marcus & Millichap Capital Corp. (MMCC) announced that it has arranged $12.1 million for the refinancing of Laurel Canyon Apartments, a 46-unit multifamily property in Valley Village, California. Built in 2022, the property features a mix of one- and two-bedroom...
Tejon Ranch to Begin Construction on Multifamily Community

Tejon Ranch to Begin Construction on Multifamily Community

by Phil Hall | Jan 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tejon Ranch Co. (NYSE:TRC) announced plans to move forward with the development of residential communities at its 270,000-acre land holding located approximately 60 miles north of Los Angeles. The company plans to begin construction on Terra Vista at Tejon, a new...
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