News

Parse Capital makes $47.1 million joint venture equity investment in Bloomington, IN student housing development

June 2021 – Parse Capital (“Parse”) has made a $47.1 million joint venture equity investment in the development of a student housing asset in downtown Bloomington, IN. Once complete, the project will include two, five-story mid rise residential buildings with 85% market rate units, serving students at Indiana University.

Parse Capital makes $12.1 million preferred equity investment in Huntsville, AL multifamily development

June 2021 – Parse Capital (“Parse”) has made a $12.0 million preferred equity investment in the development of a multifamily asset within the University/Research Park submarket of Huntsville, AL. Once complete, the project will include sixteen, two and three-story garden residential buildings with 100% market rate units.

Parse Capital makes $18.7 million joint venture equity investment in Lawrenceville, GA multifamily development

June 2021 – Parse Capital (“Parse”) has made a $18.7 million joint venture equity investment in the development of a multifamily asset within the Downtown Lawrenceville submarket of Atlanta, GA. Once complete, the project will include two, four-story garden residential buildings with 100% market rate units.

Parse Capital makes $12.5 million preferred equity investment in Merrimack, NH multifamily development

April 2021 – Parse Capital (“Parse”) has made a $12.5 million preferred equity investment in the development of a multifamily asset within the Outer Hillsborough County submarket of Merrimack, NH. Once complete, the project will include a four-story podium residential building with 100% market rate units.

Parse Capital makes $7.4 million preferred equity investment in Chicago, IL multifamily development

February 2021 – Parse Capital (“Parse”) has made a $7.4 million preferred equity investment in the development of a multifamily asset within the River West submarket of Chicago, IL. Once complete, the project will include an eight-story podium residential building with 81% market rate units and 1.4k square feet of retail.

Parse Capital makes $14.0 million preferred equity investment in Shoreline, WA multifamily development

January 2021 – Parse Capital (“Parse”) has made a $14.0 million preferred equity investment in the development of a multfamily asset within the Shoreline submarket of Seattle, WA. Once complete, the project will include a six-story podium residential building with 80% market rate units.

Parse Capital makes $18.5 million joint venture equity investment in Longwood, FL multifamily development

January 2021 – Parse Capital (“Parse”) has made a $18.5 million joint venture equity investment in the development of a multifamily asset within the Longwood submarket of Orlando, FL. Once complete, the project will include three, four and five-story low-rise residential buildings with 100% market rate units.

Parse Capital makes $12.7 million preferred equity investment in Denver, CO multifamily development

December 2020 – Parse Capital (“Parse”) has made a $12.7 million preferred equity investment in the development of a multifamily asset within the Gateway submarket of Denver, CO. Once complete, the project will include six, four-story garden residential buildings with 100% market rate units.

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.