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.
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.
