Milling around
The Lofts at Sterling Mill located in Franklinton, N.C. opened in November. The 124 year old structure, formerly known as Sterling Cotton Mill, was built in 1895 by Samuel C. Vann. It was placed...
Avanath acquires two affordable communities totaling 578 units for nearly $100 million in Washington...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased two affordable apartment communities with a combined total of 578 units in Alexandria, Virginia—a city in the Washington...
Fore Property announces launch of leasing at Monterosso in Kissimmee, Florida
Fore Property (‘Fore’), one of the country’s 15 largest multifamily developers, announced that it has launched leasing for Monterosso Apartments, a 216-unit apartment community in Kissimmee, Florida. Developed and constructed by Fore, Monterosso represents...
Savlan Capital completes $28m acquisition of Charter Landing Apartments in Jacksonville
Savlan Capital has acquired Charter Landing, a 332-unit value-add multifamily community with premier waterfront views on the St. Johns River in Duval County.
The Hollywood, Florida-based real estate investment group purchased the property from Lichtman Nass Development Group,...
West Shore acquires Class A luxury asset in South Carolina
West Shore LLC, a fully integrated, multifamily real estate investment firm, today announced the acquisition of Arcadia’s Edge, a 204-unit luxury residential community in Columbia, South Carolina. The top-tier, Class A asset, which offers...
Magma Equities acquires 199-unit apartment community in Raleigh, NC
Multifamily investment firm Magma Equities has made its third investment in the Raleigh-Durham MSA this year, with the off-market acquisition of a 199-unit garden style apartment community in downtown Raleigh, NC.
University Apartments is located...
Cushman & Wakefield arranges $54.25 million sale for Newport Development Partners
Cushman & Wakefield has arranged the $54.25 million sale of 464 Bishop, a 232-unit apartment community located in Atlanta. Chris Spain, Robert Stickel and Alex Brown of Cushman & Wakefield represented the seller, Newport...
KW Property Management & Consulting bolsters Tampa team with addition of Kevin Ellis
KW Property Management & Consulting, one of the residential property management industry’s premier companies, announces the addition of Kevin Ellis as Business Development Manager. Based in KWPMC’s Tampa office, Ellis focuses on the Tampa-St....
Greystar announces $2 billion final close for 10th U.S. Multifamily Value-Add Real Estate Fund
Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality rental housing properties, announced, on behalf of its affiliates, the final close of Greystar Equity Partners X...
Cushman & Wakefield arranges $48.2 million sale for Brand Properties and Mariner Group
Cushman & Wakefield has arranged the $48.2 million sale of The Ellis, a 235-unit apartment community located in Savannah, Georgia. Robert Stickel, Taylor Bird and Alex Brown of Cushman & Wakefield represented the sellers,...
JLL closes $58.85 million sale, $45.9 million financing of Maryland apartments
JLL announced today it has closed the $58.85 million sale and $45.9 million financing of Palette at Arts District, a 243-unit multihousing community located in the Arts District of Hyattsville, Maryland.
JLL marketed the property...
JLL closes sale of Charlotte apartment community
JLL announced it has closed the sale of Alta Prosperity Village, a recently completed, 292-unit apartment community in Charlotte, North Carolina.
JLL marketed the property on behalf of the seller, Wood Partners and its investment...
Franklin Street negotiates $14.8 million multifamily asset sale in Orlando MSA
Franklin Street has negotiated the sale of Bridgewater Pointe Apartments, a 100-unit rental community located in Melbourne, Fla., approximately 60 minutes southeast of Orlando.
Darron Kattan, Zach Ames, Kevin Kelleher, Robert Goldfinger, Joe Rubin and...
Cushman & Wakefield brokers sale of Jacksonville’s Park Village to Navarino and Mayfair
Cushman & Wakefield has arranged the sale of Park Village Apartments, a 120-unit, garden-style multifamily community in the Jacksonville MSA.
Executive Directors Mike Donaldson and Nick Meoli of Cushman & Wakefield’s Florida Multifamily Investment Sales Team represented Dr. Rajan Rakheja in...
Citymark Capital and InterCapital Group acquire Atlanta multifamily portfolio for $69.4 million
National real estate private equity fund manager Citymark Capital, in partnership with InterCapital Group, has acquired a two-property, 554-unit Evergreen apartment portfolio in the Atlanta suburb of Fairburn, GA for $69.4 million. The acquisition...
