April 2015 – Parse Capital (“Parse”) has made a $5.0 million stretch senior debt investment in the acquisition and rehabilitation of Alchemy – Palm Terrace Apartments (“Project”), a luxury apartment project in Tempe, Arizona. Once complete, the project will include three, two-story garden style residential buildings consisting of 44 market-rate units.
March 2015 – Parse Capital (“Parse”) announced the closing of a $2.3 million stretch senior debt investment in the acquisition and rehabilitation of Alchemy – Fairmount Apartments (“Project”), a luxury apartment project in Phoenix, Arizona. Once complete, the project will include ten, one-story garden style residential buildings featuring 26 market-rate units.
July 2013 – Parse Capital (“Parse”) announces the closing of a $8.9 million mezzanine investment in the development of Monterey Station (“Project”), a luxury apartment project in Pomona, California. Once complete, the project will consist of 349 market-rate apartment homes in a four-story low-rise multifamily housing community.
