April 26, 2019 – Parse Capital (“Parse”) has made a $14.3 million preferred equity investment in Amber Pointe, a luxury apartment project in Kissimmee, FL.

Once complete, the project will consist of 315 market-rate apartment homes in a four-story low-rise multifamily housing community. Project construction commenced in Spring 2019 and is expected to be completed in the Fall of 2021.

Parse’s investment was part of a larger financing package, which also included a first mortgage loan provided by PNC Bank, and a significant equity investment made by the sponsor and their partners.

January 8, 2019 – Parse Capital (“Parse”) has made a $17.4 million preferred equity investment in  Parkview at Oaklands, a luxury apartment project in Exton, Pennsylvania.

Once complete, the project will consist of 291 market-rate apartment homes in a four-story low-rise multifamily housing community. Project construction commenced in August 2018 and is expected to be completed in the Summer of 2020.

Parse’s investment was part of a larger financing package, which also included a first mortgage loan provided by Citizens Bank, and a significant equity investment made by the sponsor and their partners.

December 13, 2018 – Parse Capital (“Parse”) closed a $8.5 million preferred equity investment in 367 Orange Street (“Project”), a luxury mixed-use apartment project located within the increasingly dynamic downtown neighborhood of New Haven, CT.

The Project will consist of 269 market-rate rental units in a seven-story mid-rise multi-family housing community. Project construction commenced in February 2018 and is expected to be completed by the end of 2019. Upon completion, residents will have access to excellent mass transit connections, world class educational and health care institutions and numerous cultural, dining, entertainment and recreational opportunities all located within a short walk of the Project.

Parse’s investment was part of a larger financing package which included a first mortgage loan provided by M&T Bank.

September 11, 2018 – Parse Capital (“Parse”) has made a $25.7 million preferred equity investment in Generation Atlanta, a luxury apartment project in Atlanta, Georgia.

Once complete, the project will consist of 336 market-rate apartment homes in a seventeen-story high-rise multifamily housing community. Project construction commenced in June 2018, and is expected to be completed in the latter half of 2020.

Parse’s investment was part of a larger financing package, which also included a first mortgage loan provided by Santander Bank and Citizens Bank, and a significant equity investment made by the sponsor.

July 18th, 2017 – Parse Capital (“Parse”) has made a $9.0 million preferred equity investment in the development of El Molino (“Project”), a luxury apartment project in Pasadena, California. Once improved, the Project will consist of 105 market-rate and affordable rental units in a six-story, mid-rise multifamily housing community. Project construction commenced in July 2017 and is expected to be completed in mid-2019.

Parse’s investment was part of a larger financing package, which also included a first mortgage loan provided by Comerica Bank, and a significant equity investment made by the project sponsor.

May 31, 2017 – Parse Capital (“Parse”) has made a $70.3 million mezzanine investment in the development of Portals Residential Phase V Building (“Project”), a luxury apartment project in Washington, D.C.

May 4, 2017 -Parse Capital (“Parse”) has made a $6.9 million preferred equity investment in the development of The Cosmopolitan (“Project”), a luxury apartment project in Tulsa, Oklahoma.

Once improved, the Project will consist of 264 market-rate rental units in a four-story, mid-rise multifamily housing community. Project construction will commence in July 2017, and is scheduled to be completed at the end of 2019.

Parse’s investment was part of a larger financing package, which also included a first mortgage loan provided by Prosperity Bank with Valley National Bank as the participating lender, and a significant equity investment made the project sponsor.

January 26, 2017 – Parse Capital (“Parse”) has made a $8.2 million preferred equity investment in an the development of One Harrison (“Project”), a luxury apartment project in Harrison, New Jersey.