March 2015 – Parse Capital (“Parse”) in partnership with a premier sponsor, announced today the proposed ground-up development of Villas on the Boulevard (“Project”), a luxury apartment project in Santa Clara, California. Once developed, the four-story podium will consist of 186 units.
December 2014 – Parse Capital (“Parse”) in partnership with a premier sponsor, announced today the proposed ground-up development of Jefferson Platinum Triangle (“Project”), a luxury market-rate apartment project located in Anaheim, California. The four building, four-story podium development will feature 400 luxury units.
June 2014 – Parse Capital (“Parse”) has made a $7.3 million mezzanine investment in the development of Jefferson Memorial (“Project”), a luxury podium project in Houston, Texas. Once complete, Jefferson Memorial will consist of a single, five-story Class A residential building that will contain 198 market-rate rental units consisting of one and two bedroom units.
May 2014 – Parse Capital (“Parse”) in partnership with two premier sponsors, announced today the proposed acquisition of The Office (“Project”), a vacant 20-story high-rise office building in downtown Atlanta, Georgia. The partnership plans to redevelop the building into a 328-unit Class “A” luxury high-rise multifamily housing community.
January 2014 – Parse Capital (“Parse”) announces the closing of a $12.3 million preferred equity investment in an entity that is developing Optima Sonoran Village – Phase II (“Project”), the second of three phases that, upon completion, will constitute a Class “A” luxury multifamily development located in Scottsdale, Arizona. Once complete, the project will consist of 394 luxury rental units in a eleven-story high-rise multifamily housing community.
