Berkadia arranges $45 million refinancing for 883-unit apartment community in Memphis, Tennessee
Berkadia announces it has arranged the $45 million recapitalization of Residences at Lakeview, an 827-unit apartment community in Memphis, Tenn. Senior Managing Director Mitch Sinberg, Managing Directors Brad Williamson, Matthew Robbins and Scott Wadler...
JLL closes $65.9 million sale of Durham, North Carolina apartments
JLL Capital Markets announced it has closed the $65.9 million sale of Lodge at Croasdaile Farm, a 320-unit, garden-style and townhome apartment community in the North Durham submarket of Durham, North Carolina.
JLL marketed the...
Avanath Capital Management acquires two affordable housing communities totaling 209 units in Sterling, Virginia...
Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of a senior affordable housing community located in Sterling, Virginia and...
PCCP, LLC and Abode Communities, LLC form joint venture to develop build-to-rent communities in...
PCCP, LLC announced that it has formed a joint venture with Abode Communities, LLC for the ground-up construction of three build-to-rent (BTR) communities in the heart of Raleigh, North Carolina. These infill, Class A,...
Thompson Thrift to Develop Luxury 380-Unit Multifamily Community The Junction at Rockledge Near Orlando
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of The Junction at Rockledge, a 380-unit Class A multifamily community in Rockledge, Florida.
“The...
Alliance Residential starts Broadstone Queen City
Alliance Residential Company, one of the largest privately-held multifamily developers in the country, has broken ground on Broadstone Queen City, a 260-unit luxury apartment community where South End meets Uptown in Charlotte, N.C.
An homage...
Governor Hochul Announces Completion of 96-Unit Affordable and Supportive Housing Development in the Bronx...
Governor Kathy Hochul announced the completion of 2050 Grand Concourse, an affordable and supportive housing development with 96 apartments in the Bronx’s Fordham Heights neighborhood. The all-electric development was awarded funding from the State’s...
JRK Property Holdings acquisition of 538-unit apartment community beginning of $1.6 billion in transaction...
JRK Property Holdings, one of the largest multifamily landlords in the United States, has acquired a 538-unit apartment complex in the Washington, DC suburb of Gaithersburg, MD, the first in a series of acquisitions...
Middleburg Communities names Reece Kimsey as Principal
Middleburg Communities announces that Reece Kimsey has been promoted to Principal, a reflection of his increased ownership in the firm’s business and a larger role in all of the company’s projects, including new development...
Details announced for Cardinal Crossing, Forest Acres’ first-ever mixed-use community
The Beach Company announced details for Cardinal Crossing, the first-ever mixed-use community in the highly sought-after Forest Acres neighborhood in Columbia, S.C. Plans for the development include diverse retail and dining options in addition...
Leading Swiss investment firm Lurra Capital completes $42.5 million multifamily acquisition in Miami
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Blume Coral Gables, a 100-unit apartment community located in Miami. The final sale price was $42,500,000.
Calum Weaver, Robert Given,...
Hines and Columbia Development Group in partnership with USAA Real Estate to build mixed-use...
Hines, the international real estate firm, along with co-developer Columbia Development Group, LLC and USAA Real Estate, today announced Fenton, a new 69-acre mixed-use district in the Cary submarket of Raleigh/Durham, North Carolina.
The development...
Capital Square 1031 acquires 55+ manufactured housing community near Vero Beach, Florida
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced the acquisition of a 55+ manufactured housing community in Sebastian, Florida. The community...
Marcus & Millichap arranges the sale of a 22-unit SW Ocala apartment portfolio
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the SW Ocala Portfolio, a 22-unit apartment portfolio located in...
Middleburg Communities acquires 353-unit Peppertree Apartments in North Charleston, South Carolina for $37.1 million
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development and management firm, announces the acquisition of Peppertree Apartments, soon to be rebranded Vesta Creeks Run, in North Charleston, South Carolina for $37.1 million....
