PARSE CAPITAL MAKES $18.7 MILLION PREFERRED EQUITY INVESTMENT IN BOSTON, MASSACHUSETTS MULTIFAMILY DEVELOPMENT
December 4, 2020 – Parse Capital (“Parse”) has made a $18.7 million preferred equity investment in the development of Residences at 1550 Soldiers Field Road (“Project”), a luxury apartment project in Boston, Massachusetts. Once complete, the project will include a six-story podium residential building consisting of 210 market-rate units.
PARSE CAPITAL INVESTS $12.5 MILLION OF PREFERRED EQUITY IN PALM BAY, FLORIDA MULTIFAMILY DEVELOPMENT
November 2020 – Parse Capital (“Parse”) announced the closing of a $12.5 million preferred equity investment in the development of West Shore Apartments (“Project”), a luxury apartment project in Palm Bay, Florida. Once complete, the project will include four, four-story low-rise residential buildings featuring 248 market-rate units.
PARSE CAPITAL MAKES $15.3 MILLION PREFERRED EQUITY INVESTMENT IN SACRAMENTO, CALIFORNIA MULTIFAMILY DEVELOPMENT
NOVEMBER 2020 – Parse Capital (“Parse”) has made a $15.3 million preferred equity investment in the development of 805 Riverfront Street (“Project”), a luxury apartment project in Sacramento, California. Once complete, the project will consist of 285 market-rate apartment homes in a five-story wrap style multifamily housing community.
PARSE CAPITAL INVESTS $17.3 MILLION OF MEZZANINE DEBT IN RENO, NEVADA MULTIFAMILY DEVELOPMENT
SEPTEMBER 2020 – Parse Capital (“Parse”) has made a $17.3 million mezzanine debt investment in Integra Peaks at Damonte Ranch (“Project”), a luxury apartment project in Reno, Nevada. Once complete, the project will consist of 300 market-rate apartment homes in a three-story garden style multifamily housing community.
PARSE CAPITAL MAKES $7.8 MILLION PREFERRED EQUITY INVESTMENT IN MCDONOUGH, GEORGIA MULTIFAMILY DEVELOPMENT
JULY 2020 – Parse Capital (“Parse”) has made a $7.8 million preferred equity investment in Columns at South Point (“Project”), a luxury apartment project in McDonough, Georgia. Once complete, the project will consist of 260 market-rate apartment homes in a three-story garden style multifamily housing community.
PARSE CAPITAL MAKES $10.8 MILLION PREFERRED EQUITY INVESTMENT IN DURHAM, NORTH CAROLINA MULTIFAMILY PRE-STABILIZED ACQUISITION
JULY 2020 – Parse Capital (“Parse”) closed a $10.8 million preferred equity investment in Broadstone Durham (“Project”), a luxury market-rate apartment project located in Durham, North Carolina. The project consists of 342 market-rate rental units in a five-story wrap multifamily housing community.
PARSE CAPITAL MAKES $12.4 MILLION PREFERRED EQUITY INVESTMENT IN SOUTH SAN FRANCISCO, CALIFORNIA MULTIFAMILY DEVELOPMENT
FEBRUARY 2020 – Parse Capital (“Parse”) has made a $12.4 million preferred equity investment in the development of Nine88 (“Project”), a luxury apartment project in South San Francisco, California. Once improved, the project will consist of 172 market-rate rental units in a six-story podium style multifamily housing community.
PARSE CAPITAL CLOSES A $11.2 MILLION PREFERRED EQUITY INVESTMENT IN GREELEY, COLORADO MULTIFAMILY DEVELOPMENT
December 2019 – Parse Capital (“Parse”) has made a $11.2 million preferred equity investment in the development of Greeley City Center West (“Project”), a luxury apartment project in Greeley, Colorado. Once complete, the project will consist of 264 market-rate rental units in a three-story garden style multifamily housing community.
PARSE CAPITAL MAKES $16.1 MILLION JOINT VENTURE EQUITY INVESTMENT IN ATLANTA, GEORGIA MULTIFAMILY DEVELOPMENT
DECEMBER 2019 – Parse Capital (“Parse”) has made a $16.1 million joint venture equity investment in the development of King Memorial (“Project”), a luxury apartment project in Atlanta, Georgia. Once complete, the Project will consist of 305 market-rate/affordable rental units in a four-story wrap style multifamily community.
PARSE CAPITAL MAKES $14.0 MILLION PREFERRED EQUITY INVESTMENT IN HARRISON, NEW JERSEY MULTIFAMILY DEVELOPMENT
October 2019 – Parse Capital (“Parse”) has made a $14.0 million preferred equity investment in the development of Benjamin Harrison (“Project”), a luxury apartment project in Harrison, New Jersey. Once complete, the project will consist of 310 market-rate rental units in a five-story wrap multifamily community.