Markets Sales News Today

People from all corners of the capital markets assembled in Auckland last Thursday for the annual Institute of Finance Professionals in NZ (Infinz) awards....

/PRNewswire/ -- Jumptuit Finance is proud to announce the public unveiling of Genesis J2T-F1 for the Financial Services Industry on September 27, 2023. Genesis...

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SAN DIEGO, CA - On behalf of Lowe and LaSalle Investment Management, JLL Capital Markets announced today that it has closed the $106 million sale of IDEA1, a 295-unit, award-winning, Class A, mid-rise multi-housing community, to Fairfield. IDEA1 embodies the live-work-create environment in the East Village neighborhood of downtown San Diego. Built in 2017 by Lowe, LaSalle and I.D.E.A. Partners, IDEA1 is the modern expression of the mixed-use real estate model, designed to complement and...

JLL Capital Markets announced today that it has closed the $146 million sale of The Wel, a 260-unit, newly constructed, mid-rise, luxury multi-housing community located in Lindenhurst, New York, along the South Shore of Long Island. The $146 million sale price was for both the real estate as well as the significant...

 JLL Capital Markets announced today that it has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in Morristown, New Jersey. JLL represented the borrower, The Hampshire Companies, to secure a three-year, fixed-rate construction loan through a correspondent life insurance company. The units of the four-story...

KABR Group expanded its portfolio in Connecticut, with the acquisition of two boutique multi-housing communities in Stamford for $41.3 million

JLL Capital Markets, on behalf of KABR Group, announced the purchase of 750 Summer St. and 163 Franklin St., two boutique, mid-rise, luxury multi-housing communities in Stamford, Connecticut, totaling 116 units for $41.3 million. Formerly known as The Verano and The Moderne, respectively, both are expected to receive significant upgrades to the...

MINNEAPOLIS, MN - JLL Capital Markets announced today that it has closed the sale of 307-317 Oak Grove St., a 0.42-acre multi-housing development site in the Loring Park neighborhood of Minneapolis, Minnesota. JLL represented the seller, The Womans Club of Minneapolis. The buyer is an affiliate of Linden Street Investments, which also has active investments in development properties in downtown east and the southwest suburbs. “The Woman’s Club of Minneapolis has been proud to...

MINNEAPOLIS, MN - JLL Capital Markets announced today that it has closed the $61.6 million sale of Marquee, a 231-unit, mid-rise multi-housing community located in the Loring Park neighborhood of Minneapolis, Minnesota. JLL represented the seller, Reuter Walton Development. KC Venture Group, L.L.C. acquired the asset. Marquee consists of studio, alcove, one-bedroom and two-bedroom units with nine-foot ceilings, full-size washers and dryers, stainless steel appliances and quartz countertops....