News

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.

PARSE CAPITAL CLOSES A $10.3 MILLION MEZZANINE INVESTMENT IN LONGMONT, COLORADO MULTIFAMILY DEVELOPMENT

June 2019 – Parse Capital (“Parse”) has made a $10.3 million mezzanine investment in the development of Farm Haus (“Project”), a luxury apartment project in Longmont, Colorado. Once developed, the project will include eight, four-story garden style residential buildings consisting of 280 market-rate units.

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.