July 2025 – Parse Capital (“Parse”) makes a $10.0 million preferred equity investment in the development of a multifamily asset within the South Norwalk submarket of Norwalk, CT. The investment represents Parse’s third transaction with the project’s sponsor. Once complete, the project will include a six-story podium residential building, six, four-story townhome buildings (90% market rate units and 10% income-restricted units), and 14k square feet of retail space.