Daily Archives: August 31, 2022

Capital Square Completes Acquisition of 402-Unit Rivergate Luxury Apartment Community in D.C. Submarket of Woodbridge, Virginia

WASHINGTON, DC – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Rivergate, a luxury 402-unit multifamily community in the Washington, D.C. suburb of Woodbridge, Virginia. The community was acquired on behalf of CS1031 Rivergate Apartments, DST. “I thought it […]

Toll Brothers Apartment Living and PGIM Real Estate Announce Joint Venture to Develop 422-Unit Luxury Rental Community in San Diego

SAN DIEGO, CA – Toll Brothers, the nation s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and PGIM Real Estate, the $208.7 billion real estate investment and financing business of PGIM, have announced a new joint venture to develop The Lindley, a 37-story, 422-unit multifamily rental community in San […]

Stepp Commercial Completes $4.805 Million Portfolio Sale of Two Adjacent Apartment Assets Totaling 12 Units in Los Angeles’ Brentwood Neighborhood

Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.805 million portfolio sale of two adjacent apartment buildings totaling 12 units located at 11307 Isleta Street and 217 Church Lane in the Brentwood neighborhood of Los Angeles.  Stepp Commercial Principal Kimberly Stepp represented the seller […]

Stepp Commercial Expands Multifamily Brokerage Team; Seasoned Commercial Real Estate Expert Larry Bustamante Joins Firm as Vice President

Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, is pleased to announce that commercial real estate industry veteran, Larry Bustamante has joined the firm as Vice President.  Bustamante brings more than 35 years of experience in the real estate industry to Stepp Commercial. He has a depth […]

Mesa West Capital Funds $49 MM Loan to Recap W. Palm Beach Apartment Community

Mesa West Capital has provided a joint venture of ESG Kullen and Angelo Gordon with $49.24 million in first mortgage debt for the recapitalization of a 219-unit multifamily property in Palm Beach County, FL.    The floating rate loan is secured by Monteverde at Renaissance Park located at 1625 Renaissance Commons Blvd. in Boynton Beach, […]

GiGstreem Acquires netBlazr, a Boston Internet Provider

GiGstreem, a leading provider of high quality residential and commercial broadband networks nationwide, today announced the acquisition of netBlazr, a Boston-based residential and commercial internet provider. The acquisition accelerates GiGstreem’s ubiquitous WiFi network footprint in the greater Boston area, increases staff and expands its local customer support and engineering capabilities.   “We’ve had a relationship […]