IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), announced the $37 million refinancing of Dane Park, a luxury 392-unit multifamily property in Grapevine, Texas. The terms of the five-year loan include 6.23% interest only and a spread of 1.68%....
Paramus, New Jersey-based Reynolds Asset Management has acquired two multifamily properties in Texarkana, Texas, for $23 million. The 360-unit acquisition is a joint venture with Jeff Juster’s Newport Capital Advisors LLC. The two companies plan to invest $3 million...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired the Overlook Apartments, a multifamily property located in Albuquerque, New Mexico. The 344-unit property was built in 1988 and consists of garden-style apartments. The...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
