News

PARSE CAPITAL INVESTS $14.3 MILLION OF PREFERRED EQUITY IN KISSIMMEE, FLORIDA MULTIFAMILY DEVELOPMENT

April 2019 – Parse Capital (“Parse”) has made a $14.3 million preferred equity investment in Amber Pointe (“Project”), a luxury apartment project in Kissimmee, FL. Once developed, the project will consist of 315 market-rate apartment homes in a four-story low-rise multifamily housing community.

PARSE CAPITAL MAKES A $29.1 MILLION PREFERRED EQUITY INVESTMENT IN RESTON, VIRGINIA MULTIFAMILY DEVELOPMENT

February 2019 – Parse Capital (“Parse”) announced today the proposed ground-up development of a 407-unit multifamily project in Reston, Virginia. The partnership plans to develop a two building, seven-story wrap that will contain 407 luxury apartments, 51 of which will be affordable. Parse Capital provided a $29.1 million preferred investment to fund the development.

Parse Capital Invests $17.4 Million of Preferred Equity in Exton, Pennsylvania Multifamily Development

January 2019 – Parse Capital (“Parse”) has made a $17.4 million preferred equity investment in  Parkview at Oaklands (“Project”), 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.

Parse Capital Makes $8.5 Million Preferred Equity Investment in New Haven, Connecticut Multifamily Development

December 2018 – Parse Capital (“Parse”) closed a $8.5 million preferred equity investment in Audubon Square (“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 wrap multi-family housing community.

PARSE CAPITAL CLOSES $4.9 MILLION JOINT VENTURE EQUITY INVESTMENT IN BELLEVUE, WASHINGTON MULTIFAMILY DEVELOPMENT

November 2018 – Parse Capital (“Parse”) announced the closing of a $4.9 million joint venture equity investment in the development of Crossroads (“Project”), a senior apartment community in Bellevue, Washington. Once developed, the project will include a five-story podium residential building consisting of 185 units.

PARSE CAPITAL CLOSES $8.5 MILLION PREFERRED EQUITY INVESTMENT IN CLARKSBURG, MARYLAND MULTIFAMILY DEVELOPMENT

November 2018 – Parse Capital (“Parse”) announced the closing of a $8.5 million preferred equity investment in the development of Flats at Cabin Branch (“Project”), a luxury apartment project in Clarksburg, Maryland. The two building, five-story mid-rise development will feature 272 luxury units, 68 of which will be affordable.

PARSE CAPITAL CLOSES $21.7 MILLION PREFERRED EQUITY INVESTMENT IN SUNNYVALE, CALIFORNIA MULTIFAMILY DEVELOPMENT

October 2018 -Parse Capital (“Parse”) announced the firm closed a $21.7 million preferred equity investment in the development of Lawrence Station (“Project”), a luxury apartment project in Sunnyvale, California. The seven-story mid-rise development will feature 251 luxury units, of which 46 units will be affordable.

Parse Capital Makes $25.7 Million Preferred Equity Investment in Atlanta, Georgia Multifamily Development

September 2018 – Parse Capital (“Parse”) has made a $25.7 million preferred equity investment in Generation Atlanta (“Project”), 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.

PARSE CAPITAL MAKES $13.8 MILLION PARTICIPATING PREFERRED EQUITY INVESTMENT IN NORTH ANDOVER, MASSACHUSETTS MULTIFAMILY DEVELOPMENT

June 2018 – Parse Capital (“Parse”) has made a $13.8 million participating preferred equity investment in the development of North Andover (“Project”), a luxury apartment project in North Andover, Massachusetts. Once developed, the Project will consist of 192 market-rate rental units in a four-story garden style multifamily housing community.

Parse Capital Makes $16.7 Million Preferred Equity Investment in Grapevine, Texas Multifamily Development

April 2018 – Parse Capital (“Parse”) has made a $16.7 million preferred equity investment in Jefferson Silverlake (“Project”), a luxury apartment development in Grapevine, Texas. Once developed, the project will consist of 371 market-rate apartment homes in a four-story podium multifamily housing community.