Saturday, April 20, 2024

Atlantic region

Atlantic region includes: Delaware, Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia and Washington D.C.

111th Street

Marcus & Millichap Sells Three-Property Multifamily Portfolio Steps Away from Central Park on 111th...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 111th Street Multifamily Portfolio in New York for $5,650,000. The 111th Street...
Memorial Highway Apartments

Marcus & Millichap Sells 57-Unit Memorial Highway Apartments in North Miami for $9.75M

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Memorial Highway Apartments, in Miami, Florida for $9,750,000. “Through Marcus & Millichap’s unique platform, we were able to attract buyers from all over the country to compete for the Memorial Highway Apartments. It was ultimately a local, first-time buyer who successfully closed on the transaction. We congratulate the seller on a successful investment and wish the buyer luck with this asset,” said Felipe Echarte, senior vice president investments. Echarte, Evan Kristol, and Nicholas McAndrew, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller and secured the buyer, a private investor. Located at 15201 Memorial Highway, the 36,050-square-foot, 57-unit multifamily building is situated between North Miami and North Miami Beach, in the Biscayne Gardens neighborhood. The property is near Florida International University’s Biscayne Bay campus, Barry University, and just one mile from Jackson North Medical Center. Approximately 10 miles north of Downtown Miami sits Biscayne Gardens East, a large suburb with versatile rental options ranging from studio apartments to condos. Commuters appreciate...
315 Urban Flats

Marcus & Millichap Sells Shovel-Ready Little Havana Multifamily Site 315 Urban Flats for $10M

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a fully approved development site, 315 Urban Flats, in Miami, Florida....
Ilda’s Overlook

80-Unit Affordable Senior Housing Ilda’s Overlook Opens in Fairfax

Arlington Partnership for Affordable Housing (APAH), the Fairfax County Redevelopment and Housing Authority (FCRHA), and Fairfax County officials celebrated the opening of Ilda’s Overlook Senior Residences in Fairfax, Virginia providing 80 affordable homes for...
Commercial Street

Greenpoint Landing Celebrates Opening of 22-Story Tower Offering 374 Affordable Apartments on Commercial Street...

Greenpoint Landing Associates, an affiliate of Park Tower Group, celebrated the opening of 35 Commercial Street, a 22-story brick tower in Greenpoint. The development offers 374 permanently affordable apartments, with 57 units designated for...
Cambridge Street

Agent PHL Brokers Multifamily Investment Sale on Cambridge Street in Philadelphia

On behalf of The Seller, Agent PHL has formally announced the sale and settlement of 1710 Cambridge Street in Philadelphia, Pennsylvania. The investment sale was brokered by Ryan McManus, principal of Agent PHL at...
J. Ardin

Jefferson Apartment Group Delivers J. Ardin Luxury Multifamily Community in Greater Orlando

Jefferson Apartment Group (JAG) has delivered its second new development of 2024, J. Ardin at Apopka in the Greater Orlando area. The luxury multifamily community features 304 units in a picturesque, 16-acre lakefront setting. “The...
Ormond Grande

ARK Homes For Rent Announces Acquisition of Two New Build-to-Rent Communities, Oak Haven and...

ARK Homes For Rent™, a leading single-family rental and build-to-rent (SFR/BTR) operator, announces the acquisition of two new BTR communities in Florida, Oak Haven and Ormond Grande. Located in the sought-after Tampa suburb of Riverview,...
Manhattan Avenue Senior Apartments

Governor Hochul Announces Completed Expansion of 70-Unit Manhattan Avenue Senior Apartments Development in Westchester...

Governor Kathy Hochul announced the completion of the 70-unit Manhattan Avenue Senior Apartments in the town of Greenburgh, Westchester County. “The transformation of the Manhattan Avenue Senior Apartments will help seniors access safe, secure, and...
Mason at Van Dorn

CIM Group Announces the Sale of Mason at Van Dorn Apartments in Alexandria Virginia

CIM Group announces it has sold Mason at Van Dorn, a 1,180-unit apartment community in Alexandria, Virginia. The Washington Business Journal reported the sale to a partnership of Shoreham Capital and Bridge Investment Group Holdings,...
Garden Towers

Lendlease’s New York Construction Group Completes Affordable Senior Housing Development Garden Towers in the...

Lendlease, a leading global real estate and investment management group, announced the completion of Garden Towers, an affordable senior housing community in the Bronx Morrisania neighborhood. Developed by Foxy Management, in partnership with HANAC,...
2600 Biscayne

Oak Row Lands $181M Construction Loan for 2600 Biscayne Miami Office and Multifamily Tower

New York and Miami-based Oak Row Equities, led by Erik Rutter and David Weitz, has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily...
The Elle apartments

The Elle Apartments Office-to-Residential Conversion in DC’s Golden Triangle Nears Completion

The first major office-to-residential conversion in Washington, DC's Golden Triangle Business Improvement District is finishing its final stretch of construction before delivering The Elle apartments this summer. "We have seen in other parts of our...
Nox

BAM Capital and Milhaus Announce New Class A+ Multifamily Community Nox in Pittsburgh

BAM Capital, alongside development partner Milhaus, proudly introduces Nox, a transformative Class A+ multifamily community project set in the burgeoning area of Robinson Township in Pittsburgh, Pennsylvania. Introducing Nox, a new standard of living. Nox...
Westmont Commons

TruAmerica Multifamily Acquires Westmont Commons in Asheville North Carolina for Nearly $50M

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Westmont Commons, a 252-unit multifamily community in Asheville, North Carolina. The asset was purchased off-market for $49,875,000 in partnership with Spoke Real Estate Capital. The...
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