Today, representatives of CBRE, led by Jeff Dunne, Richard Gatto, Fahri Ozturk, Eric Apfel, Stuart MacKenzie, and Zach McHale, announced the $31 million sale of Grand Pointe Park, a 156-unit multifamily community in Poughkeepsie, New York. […]
Category: Front Page News
CBRE Arranges $31 Million Sale of 156-Unit Grand Pointe Park in Poughkeepsie, New York
Today, representatives of CBRE, led by Jeff Dunne, Richard Gatto, Fahri Ozturk, Eric Apfel, Stuart MacKenzie, and Zach McHale, announced the $31 million sale of Grand Pointe Park, a 156-unit multifamily community in Poughkeepsie, New York. […]
Poughkeepsie’s Grand Pointe Park sells for $31M
Grand Pointe Park, a 156-unit multifamily community in Poughkeepsie, has been sold for $31 million. The development was built in 1997 as a two-story, garden-style, wood-frame residential community featuring a clubhouse with an outdoor pool, fitness studio, resident lounge and coffee bar, playground and dog park. Unit finishes were last updated between 2013 and 2016. […]
Avanath Selected as a Top Multifamily Influencer by GlobeSt.
Up until a few months ago, it appeared that multifamily had entered a golden age. Rents were rising, deals were closing and forecasters saw little difficulty in the medium term. To be sure, the asset class is still a strong one but with the rise in the cost of debt, the threat of a possible […]
Avanath Buys Mixed-Use Property in Orlando for $62.5M
A California-based private real estate investment management firm has acquired a mixed-use, mixed-income property in Orlando in hopes of preserving affordable living for the community. […]
Avanath Capital Management Buys $63M Mixed-Use in Orlando’s Parramore District
Avanath Capital Management, LLC, has acquired City View, a mixed-use, mixed-income property at 595 Church Street in Orlando, FL, for $62.5 million. Marcus and Millichap marketed the transaction. […]
Avanath Acquires Mixed-Income Property, Expands Florida Presence
Avanath Capital Management has announced the $62.5 million acquisition of City View, a mixed-use, mixed-income development in Orlando, Florida. […]
Avanath Acquires Orlando Property for $63M
Private real estate investment firm Avanath Capital Management has acquired mixed-use, mixed-income City View in Orlando, Fla. The distinctive, 266-unit property, which features 24,865 square feet of retail space, changed hands for $62.5 million. Marcus & Millichap Affordable Housing Advisors marketed the transaction. […]
Avanath Capital Purchases City View Mixed-Use Development in Orlando for $62.5M
Avanath Capital Management has purchased City View, a mixed-use development located at 595 Church St. in Orlando, for $62.5 million. The buyer purchased the asset using a combination of its commingled fund equity and debt financing from JPMorgan Chase and Fannie Mae. Marcus & Millichap’s Affordable Housing Advisors division brokered the sale. […]
Unique Mixed-Use Property In Orlando Sells For $62.5 Million
Avanath Capital Management, LLC, a private real estate investment management firm, announced the acquisition of City View, a mixed-use, mixed-income property located in Orlando for $62.5 million. […]