Parse Capital makes $15.4 million preferred equity investment in Columbia, SC multifamily development
April 2024 – Parse Capital (“Parse”) makes a $15.4 million preferred equity investment in the development of a multifamily asset within the Hopkins Suburban submarket of Columbia, SC. Once complete, the project will include fifteen, three-story garden, and five, two-story townhome residential buildings with 25% market rate units. By incorporating affordable units, the project is set to qualify for South Carolina’s voluntary workforce housing program.
Parse Capital makes $16.8 million preferred equity investment in Grand Prairie, TX multifamily development
February 2024 – Parse Capital (“Parse”) makes a $16.8 million preferred equity investment in the development of a multifamily asset within the South Fort Worth submarket of Dallas-Fort Worth, TX. Once complete, the project will include four, four-story low-rise residential buildings with 100% market rate units.
Parse Capital makes $10.0 million preferred equity investment in Orlando, FL multifamily development
December 2023 – Parse Capital (“Parse”) has made a $10.0 million preferred equity investment in the development of a multifamily asset within the Four Corners submarket of Orlando, FL. Once complete, the project will include eleven, four-story low-rise residential buildings with 100% market rate units.
Parse Capital makes $13.8 million preferred equity investment in Palm Coast, FL multifamily development
December 2023 – Parse Capital (“Parse”) has made a $13.8 million preferred equity investment in the development of a multifamily asset within the Palm Coast submarket of Daytona Beach-Deltona-Ormond Beach, FL. Once complete, the project will include twelve, three-story garden residential buildings with 100% market rate units.
Parse Capital makes $17.2 million preferred equity investment in Sherman, TX multifamily development
November 2023 – Parse Capital (“Parse”) has made a $17.2 million preferred equity investment in the development of a multifamily asset within the Sherman, TX submarket of Dallas-Fort Worth. Once complete, the project will include twelve, three-story garden residential buildings with 100% market rate units.
Parse Capital makes $13.1 million preferred equity investment in Jacksonville, FL multifamily development
October 2023 – Parse Capital (“Parse”) has made a $13.1 million preferred equity investment in the development of a multifamily asset within the Rolling Hills submarket of Jacksonville, FL. Once complete, the project will include eight, four-story garden residential buildings with 100% market rate units.
Parse Capital makes $20.0 million preferred equity investment in San Marcos, TX multifamily development
September 2023 – Parse Capital (“Parse”) has made a $20.0 million preferred equity investment in the development of a multifamily asset within far south Austin submarket in San Marcos, TX. Once complete, the project will include ten, three-story garden residential buildings with 100% market rate units.
Parse Capital makes $12.1 million preferred equity investment in Rogers, AR multifamily development
September 2023 – Parse Capital (“Parse”) has made a $12.1 million preferred equity investment in the development of a multifamily asset within the Outer Central Benton County submarket of Rogers, AR. Once complete, the project will include 235, two-story build-for-rent residential buildings with 100% market rate units.
Parse Capital makes $17.0 million participating preferred equity investment in Asheville, NC multifamily development
September 2023 – Parse Capital (“Parse”) has made a $17.0 million participating preferred equity investment in the development of a multifamily asset within the North/West Buncombe County submarket of Asheville, NC. Once complete, the project will include nine, three-story garden residential buildings with 100% market rate units.
Parse Capital makes $11.0 million preferred equity investment in Augusta, GA build-for-rent townhome development
June 2023 – Parse Capital (“Parse”) has made a $11.0 million preferred equity investment in the development of build-for-rent townhomes within the Belair submarket of Augusta, GA. Once complete, the project will include 262, two-story townhome residential buildings with 100% market rate units.
