Franklin Street brokers $18.8 million multifamily sale in South Florida opportunity zone
Franklin Street has arranged the sale of a 180-unit value-add apartment community in South Florida for $18.8 million, or $104,444 per unit. The community is located in a federally identified Opportunity Zone in Lauderhill,...
Brookfield Residential and Trez Capital Form Joint-Venture to Complete a Master-Planned Community Osprey Creek...
Brookfield Residential, a leading land developer and homebuilder in North America, is pleased to announce the launch of a strategic joint-venture with Trez Capital, a leader in North American commercial real estate investments, to...
JLL Secures $32M Construction Financing for Build-to-Rent Development Magnolia at Spring Hill in the...
JLL Capital Markets announced that it has secured a $32 million, non-recourse construction loan for Magnolia at Spring Hill, a 162-unit built-to-rent community in Spring Hill, Florida (Tampa MSA).
JLL represented the borrower, Agador Spartacus...
JBM Brokers the $66.5M Sale of Trophy Asset Charlotte Commons in Port Charlotte Florida
JBM® Institutional Multifamily Advisors is pleased to announce the sale of another Southwest Florida multifamily property Charlotte Commons for $66,500,000 or $251,894/unit. The buyer was a New York operator together with Image Capital and...
FCP announces acquisition of 220-unit, Avana Cypress Creek Apartments in North Lauderdale, Florida
FCP announces the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, Florida. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom...
Marcus & Millichap arranges the $32.25 million sale of a two-property multifamily portfolio in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a two-property multifamily portfolio in Decatur, Georgia. The properties, Austin Estates...
MG Developer Secures $105M Construction Loan for 347-unit Metro Parc South
MG Developer, one of Miami's premier real estate development firms, announces it has secured $105 million in construction financing for Metro Parc South, a 347-unit transit-oriented multifamily community in Hialeah, Florida that forms part...
Garden Communities Announces First Building at 147 Columbia Fully Leased as Occupancy Begins
The first building at Garden Communities’ 147 Columbia in Florham Park is fully leased, with residents beginning to take occupancy. The second and final building at the boutique multifamily rental community is filling fast...
Mast Capital sells Seascape Pointe Homestead, Florida
Mast Capital, one of South Florida’s most active real estate development and investment firms, in partnership with Angelo Gordon, has sold the residential rental community of Seascape Pointe in Homestead, Florida. Seascape Pointe is a 306-unit, garden-style community...
New best-in-class Nashville multihousing development sells
JLL Capital Markets announced that it has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multihousing asset in the Wedgewood-Houston neighborhood of Nashville, Tennessee.
JLL represented the seller, Westplan Investors. PassiveInvesting.com acquired the...
Carlisle Residential Properties appoints chief marketing officer
Carlisle Residential Properties, a leading apartment management and investment company throughout the Carolinas, announced today that it has hired Kevin Thompson as Chief Marketing Officer (CMO). Thompson, who joins the Company effective August 1st, will...
Cushman & wakefield brokers $47.6 million sale for Standard Capital Partners
Cushman & Wakefield has arranged the $47.6 million sale of The Vinings at Market Common, a 288-unit apartment community located in Myrtle Beach, South Carolina. Alex Brown, Tai Cohen, and Marc Robinson of Cushman...
Corebridge and CBRE Investment Management Recapitalize High Quality Multifamily Portfolio
Corebridge Real Estate Investors (CREI) has recapitalized a joint venture with a gross asset value of $670 million. Terms were not disclosed. The portfolio includes six Class A apartment buildings, totaling 1,990 units with...
Colliers International announces sale of Falcon Point Apartments in Virginia Beach
Colliers International is pleased to announce the sale of Falcon Point, a multifamily community in Virginia Beach, from The Runnymede Corporation to Seminole Trail Properties.
Falcon Point is located at 2105 Lake Smith Drive and...
Berkadia Arranges $50.25 million in debt and equity financing for construction of Belmont Tampa...
Berkadia announces it has arranged $50.25 million in debt and equity financing for the development of Belmont Tampa Apartments, a 300-unit, Class A, garden-style apartment community to be built on the final undeveloped parcel...
