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.
Parse Capital Closes $18.9 Million Preferred Equity Investment in Charlotte, North Carolina Multifamily Development
March 2016 – Parse Capital (“Parse”) has made a $18.9 million preferred equity investment in the development of Inspire Southpark (“Project”), a luxury mid-rise apartment project in Charlotte, North Carolina. Once complete, the project will consist of a single, five-story Class A residential building that will contain 367 units with a combination of studios as well as one, two and three bedroom apartments.
PARSE CAPITAL INVESTS $13.5 MILLION OF PREFERRED EQUITY IN BOSTON, MASSACHUSETTS MULTIFAMILY DEVELOPMENT
March 2016 – Parse Capital (“Parse”) has made a $13.5 million preferred equity investment in The Serenity (“Project”), a luxury apartment project in Boston, Massachusetts. Once complete, the project will consist of 195 market-rate apartment homes in a thirteen-story high-rise multifamily housing community.
PARSE CAPITAL CLOSES $12.1 MILLION JOINT VENTURE EQUITY INVESTMENT IN LYNNWOOD, WASHINGTON MULTIFAMILY DEVELOPMENT
March 2016 – Parse Capital (“Parse”) has made a $12.1 million joint venture equity investment in the development of Lynnwood City Center (“Project”), a senior apartment project in Lynnwood, Washington. Once complete, the project will include a five-story mid-rise consisting of 308 units.
Parse Capital Makes $13.5 Million Preferred Equity Investment in San Antonio, Texas Multifamily Development
November 2015 – Parse Capital (“Parse”) has made a $13.5 million preferred equity investment in the development of Ridgeview at the Rim (“Project”), a luxury podium apartment project in The Village at The Rim Masterplan (“RIM PD”), northwest of downtown San Antonio, Texas. Once complete, project will consist of 310 luxury rental units in a seven-story podium multifamily housing community.
Parse Capital Closes $14.1 Million Preferred Equity Investment in Harrison, New Jersey Multifamily Development
October 2015 – Parse Capital (“Parse”) today announced the closing of a $14.1 million preferred equity investment in the development of Riverbend – Block E (“Project”), a luxury apartment project in Harrison, New Jersey. Once developed, the project will consist of 286 units in a five-story wrap multifamily housing community.
Parse Capital Closes $7.0 Million Preferred Equity Investment in Thornton, Colorado Multifamily Development
September 2015 -Parse Capital (“Parse”) today announced the firm closed a $7.0 million preferred equity investment that will be used to partially fund the ground-up development of The Ridge at Thornton (“Project”), a 3 story, Class A, garden project, consisting of 280 residential apartments.