News

Parse Capital Announces Closing of a $14.7 Million Preferred Equity Investment In Atlanta, Georgia Multifamily Development

May 2014 – Parse Capital (“Parse”) in partnership with two premier sponsors, announced today the proposed acquisition of The Office (“Project”), a vacant 20-story high-rise office building in downtown Atlanta, Georgia. The partnership plans to redevelop the building into a 328-unit Class “A” luxury high-rise multifamily housing community.

Parse Capital Announces Closing of a $12.3 Million Preferred Equity Investment In Scottsdale, Arizona Multifamily Development

January 2014 – Parse Capital (“Parse”) announces the closing of a $12.3 million preferred equity investment in an entity that is developing Optima Sonoran Village – Phase II (“Project”), the second of three phases that, upon completion, will constitute a Class “A” luxury multifamily development located in Scottsdale, Arizona. Once complete, the project will consist of 394 luxury rental units in a eleven-story high-rise multifamily housing community.

Parse Capital Announces Closing of a $8.9 Million Mezzanine Investment In Pomona, California Multifamily Development

July 2013 – Parse Capital (“Parse”) announces the closing of a $8.9 million mezzanine investment in the development of Monterey Station (“Project”), a luxury apartment project in Pomona, California. Once complete, the project will consist of 349 market-rate apartment homes in a four-story low-rise multifamily housing community.