Saturday, January 25, 2020

Atlantic region

Atlantic region includes: Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia and Washington D.C.

Tradition at Stonewater

JLL closes sale of Cary, North Carolina, apartments

JLL announced today that it has closed the sale of Tradition at Stonewater, a 351-unit, suburban, garden-style apartment community in Cary, North Carolina. JLL marketed the property on behalf of the seller, an affiliate of...
Boca Garden Portfolio

Boca ATC acquires 144-unit apartment portfolio in Boca Raton

JLL announced today it has arranged $17.78 million in acquisition financing for a 144-unit, garden-style, scattered-site apartment portfolio in Boca Raton, Florida. Working exclusively on behalf of Boca ATC, JLL placed the 10-year, fixed-rate loan...
Trailside at Reedy Point

Cushman & Wakefield arranges sale for Arlington Properties, Inc

Cushman & Wakefield has arranged the sale of Trailside at Reedy Point, a 215-unit apartment community located in Greenville, South Carolina. Marc Robinson, Jordan McCarley and Tai Cohen of Cushman & Wakefield represented the...

Newmark Knight Frank Multifamily closes final sale of $14,160,000 Jacksonville portfolio

Newmark Knight Frank Multifamily announces the $6.71 million sale of the 122 West Portfolio, a 5 property, 122-unit portfolio in Jacksonville, FL. This sale completes a 254-total unit acquisition by JTA Real Properties brokered by...

Marcus & Millichap arranges the sale of a 12-unit apartment building in Eustis, Florida

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Bayside Condos, a 12-unit apartment property located in Eustis, FL,...

Cushman & Wakefield arranges $50.5 million multifamily portfolio sale for Freeman Webb Co.

Cushman & Wakefield has arranged the $50.5 million sale of a five-property portfolio of value-add properties totaling 667 units located throughout Tennessee. Robbie O’Bryan and Brad Boston of Cushman & Wakefield represented the seller,...

Aztec Group arranges $142 million in debt financing for Melo Group’s 667-unit Art Plaza

Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 38 years, announces that Peter Mekras, President of Aztec Group, has arranged $142 million in debt financing for Art...
Alister Nanuet

Mill Creek completes seventh acquisition of past year

Mill Creek Residential, a leading multifamily investor, developer, and operator specializing in premier apartment communities across the U.S., announced the acquisition of Alister Nanuet, which marks the company’s seventh acquisition of the previous 12...

Terra to create new multifamily apartment community on 70-acre site in northwest Miami-Dade County

As demand for market rate housing in South Florida grows and savvy developers look to shift density to high-lying ground with an eye toward climate resilience, Terra has finalized plans to build more than 1,369...

Marcus & Millichap sets price per unit record with $14,500,000 sale of 72-unit apartment...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sand Cove Apartments, a 72-unit apartment property located in St....
Avana Lenox entry

Passco Companies continues to grow Atlanta portfolio with acquisition of 423-unit Class A multifamily...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Avana Lenox, a 423-unit apartment community in Atlanta, Georgia....
Heron Estates Senior

Housing Trust Group completes new affordable senior housing community in Palm Beach County

Housing Trust Group (HTG), one of the nation’s most prolific developers of affordable housing, announces the completion of Heron Estates Senior, a new 101-unit, $24 million affordable housing community for seniors in the City...
Lexington Apartment Homes

Cushman & Wakefield represents Forest Properties in $42.1 million sale of an apartment community...

Cushman & Wakefield has arranged the sale of The Lexington Apartment Homes, a 267-unit multifamily community in Sarasota, for $42.1 million, or $157,711 per unit. With below-average rental rates currently in place, the garden-style...
Serenity at Fairfield

Cushman & Wakefield arranges $5.54 million sale for Elevation Financial Group

Cushman & Wakefield has arranged the $5.54 million sale of Serenity Apartments at Fairfield and Serenity Apartments on Valley Creek, two apartment communities totaling 168 units located in Birmingham, Alabama. Josh Jacobs and Craig...
The Carolinian

Grubb Ventures, Stiles sell luxury multifamily development The Carolinian in Raleigh, North Carolina

A joint venture of Stiles Residential Group (SRG), a division of Fort Lauderdale-based Stiles, and Raleigh-based Grubb Ventures has sold The Carolinian, a new 186-unit luxury apartment mid-rise in one of Raleigh’s most exclusive...
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