News

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.

Parse Capital Makes $9.0 Million Preferred Equity Investment in Pasadena, California Multifamily Development

July 2017 – Parse Capital (“Parse”) has made a $9.0 million preferred equity investment in the development of El Molino (“Project”), a luxury apartment project in Pasadena, California. Once complete, the project will consist of 105 market-rate and affordable rental units in a six-story, mid-rise multifamily housing community.


Parse Capital Makes $70.3 Million Mezzanine Investment in Washington, D.C. Multifamily Development

May 2017 – Parse Capital (“Parse”) has made a $70.3 million mezzanine investment in the development of Portals Residential Phase V Building (“Project”), a luxury apartment project in Washington, D.C. Once developed, the project will consist of 373 luxury rental units in a thirteen-story high-rise multifamily housing community.

 

Parse Capital Makes $6.9 Million Preferred Equity Investment in Tulsa, Oklahoma Multifamily Development

May 2017 – Parse Capital (“Parse”) has made a $6.9 million preferred equity investment in the development of The Cosmopolitan (“Project”), a luxury apartment project in Tulsa, Oklahoma. Once complete, the project will consist of 264 market-rate rental units in a four-story wrap multifamily housing community.

PARSE CAPITAL CLOSES $6.1 MILLION JOINT VENTURE EQUITY INVESTMENT IN BOTHELL, WASHINGTON MULTIFAMILY DEVELOPMENT

March 2017 -Parse Capital (“Parse”) announced the firm closed a $6.1 million joint venture equity investment in the development of Boulevard Place (“Project”), a senior apartment community in Bothell, Washington. Once developed, the seven-story podium development will consist of 291 units.

Parse Capital Makes $8.2 Million Preferred Equity Investment in Harrison, New Jersey Multifamily Development

January 2017 – Parse Capital (“Parse”) has made a $8.2 million preferred equity investment in the development of One Harrison (“Project”), a luxury apartment project in Harrison, New Jersey. Once complete, the project will consist of 257 market-rate rental units in a five-story podium multifamily housing community.

PARSE CAPITAL MAKES $14.0 MILLION PREFERRED EQUITY INVESTMENT IN KANSAS CITY, MISSOURI MULTIFAMILY DEVELOPMENT

November 2016 – Parse Capital (“Parse”) closed a $14.0 million preferred equity investment in Union at Berkley Park (“Project”), a luxury market-rate apartment project located in Kansas City. The project will consist of 407 market-rate rental units in a four-story wrap multifamily housing community.

Parse Capital Makes $13.0 Million Preferred Equity Investment in Pittsburgh, Pennsylvania Multifamily Development

October 2016 – Parse Capital (“Parse”) has made a $13.0 million preferred equity investment in the development of Riverfront Landing (“Project”), a luxury apartment project in the Strip District outside of downtown Pittsburgh, Pennsylvania. Once developed, the project will consist of 364 market-rate rental units in five-story wrap multifamily community.


Parse Capital Makes $12.0 Million Preferred Equity Investment in Denver, Colorado Multifamily Development

April 2016 – Parse Capital (“Parse”) has made a $12.0 million preferred equity investment in the development of Solana Lucent Station (“Project”), a luxury apartment project in the Highlands Ranch sub market, just outside of the Denver metro. Once developed, the project will consist of 285 market-rate apartment homes in a three-story garden style multifamily housing community.