JLL Capital Markets Arranged $83.5M Sale of 232-Unit Apartment Community The Dylan in Hercules California

Interstate Equities Pays $84M for Hercules Multifamily

JLL Capital Markets arranged the $83.5-million sale and $54.275-million financing of The Dylan, a 232-unit apartment community in Hercules. JLL represented the seller, Hercules Development Partners, in the sale to Interstate Equities Corporation and arranged a five-year acquisition loan through Freddie Mac. Senior managing directors Ryan Wagner, Brandon Geraldo and Matt Kroger and director Fatai ...

Interstate Equities Acquires 232-Unit The Dylan in Hercules for $83.5MM

Longtime West Coast apartment investor Interstate Equities Corporation has bought a 4-year-old waterfront apartment building in the Hercules Bayfront community, financing the purchase with a $54.3 million Freddie Mac loan as low supply across the Bay Area draws investors to the East Bay. Interstate Equities Corporation has acquired The Dylan, a 232-unit apartment complex at […]

JLL Capital Markets Arranged $83.5M Sale of 232-Unit Apartment Community The Dylan in Hercules California

JLL Capital Markets announced that it has arranged the $83.5 million sale and $54.275 million financing of The Dylan, a 232-unit apartment community in Hercules, California. JLL represented the seller, Hercules Development Partners, in the sale of the asset to Interstate Equities Corporation and arranged the five-year acquisition loan through Freddie Mac. Completed in 2022, […]