News

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.

PARSE CAPITAL MAKES $22.1 MILLION PREFERRED EQUITY INVESTMENT IN SACRAMENTO, CALIFORNIA MULTIFAMILY DEVELOPMENT

April 2018 – Parse Capital (“Parse”) has made a $22.1 million preferred equity investment in The Press Building (“Project”), a luxury apartment project in Sacramento, California. Once developed, the project will consist of 277 market-rate apartment homes in a five-story mid-rise multifamily housing community.

PARSE CAPITAL CLOSES $11.3 MILLION PREFERRED EQUITY INVESTMENT IN DALLAS, TEXAS MULTIFAMILY DEVELOPMENT

March 2018 – Parse Capital (“Parse”) has made a $11.3 million preferred equity investment in the development of Bishop North (“Project”), a luxury podium apartment project in Dallas, Texas. Once complete, Bishop North will consist of a single, four-story Class A residential building that will contain 247 units consisting of studio, one and two bedroom units.

Parse Capital Makes $14.5 Million Preferred Equity Investment in King of Prussia, Pennsylvania Multifamily Development

March 2018 – Parse Capital (“Parse”) has made a $14.5 million preferred equity investment in the development of 750 Moore Road (“Project”), a luxury apartment project in King of Prussia, Pennsylvania. Once developed, the project will consist of 248 market-rate rental units in a five-story podium multifamily housing community.


PARSE CAPITAL MAKES $18.2 MILLION JOINT VENTURE EQUITY INVESTMENT IN FALLS CHURCH, VIRGINIA MULTIFAMILY DEVELOPMENT

August 2017 – Parse Capital (“Parse”) has made a $18.2 million joint venture equity investment in the adaptive reuse of Novus E-Lofts (“Project”), a luxury apartment project in Falls Church, Virginia. Once improved, Novus E-Lofts will consist of 156 luxury rental units in a ten-story high-rise multifamily housing community.

PARSE CAPITAL MAKES $12.0 MILLION PREFERRED EQUITY INVESTMENT IN RIVERSIDE, CALIFORNIA MULTIFAMILY DEVELOPMENT

July 2017 – Parse Capital (“Parse”) has made a $12.0 million preferred equity investment in the development of Mission Lofts (“Project”), a luxury apartment project in Riverside, California. Once developed, the project will consist of 212 market-rate rental units in a two building, four-story low-rise multifamily community.