ECI Group announces sale of The Columns at Timothy Woods Apartments in Athens, Georgia
ECI Group (ECI) announces the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, Georgia to Fogelman Properties. The 204-unit, 1996-vintage community was acquired by ECI in April 2019....
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group hires second Nashville broker, continues local expansion
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group announced it has hired Tyler Mayo as Managing Director to support the firm’s brokerage activities throughout Tennessee.
Mayo joins Ian Anderson, who was hired as the Sunbelt Multifamily...
Sale of mixed-use community in Atlanta MSA closes
JLL Capital Markets announced that it has closed The Fieldhouse, a 252-unit, Class A, mid-rise, multihousing community with 10,112 square feet of commercial space located within the Atlanta MSA in Lawrenceville, Georgia. The property...
Cushman & Wakefield arranges $92 million in refinancing for Aura Boca
Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to institutional investors advised by J.P. Morgan Global Alternatives in the procurement of $92,000,000 of financing for Aura Boca, a...
Berkadia arranges $36 million loan for acquisition of Cube WYNWD
Berkadia announces it has secured a $36.18 million loan for the acquisition of Cube WYNWD, a boutique Class-A building in Miami’s Wynwood neighborhood. Managing Director Scott Wadler of Berkadia Miami secured the financing on...
Joint venture of PCCP, LLC and The Bainbridge Companies, LLC to develop a 411-unit...
PCCP, LLC and The Bainbridge Companies, LLC are pleased to announce a joint venture for the ground-up development of Bainbridge Wesley Chapel, a 411-unit, Class A, garden-style apartment community located along State Road 56...
RADCO acquires Solis Reynolds Place in Atlanta; Multifamily property rebranded as Lyra by Radius
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of Solis Reynolds Place, a newly constructed 228-unit multifamily asset located in Duluth, Georgia, a northeast Atlanta suburb.
The...
Criminal background checks out in NYC?
A measure called the Fair Chance for Housing Act is under consideration by the New York City Council. It would ban the use of using criminal background checks to screen residents in most cases....
Trophy Northern Virginia multihousing community trades for $141 million
JLL Capital Markets announced that the $141 million sale of The Avant, a 359-unit, trophy multihousing community located in Reston, Virginia, has closed.
JLL represented the seller, Boston Properties, and secured acquisition financing on behalf...
Charlotte multihousing asset trades for $91 million
JLL Capital Markets announced that it has closed the $91 million acquisition of and the $60.3 million financing for Abberly NoDa Vista (formerly known as Live at NoDa), a 261-unit, five-story, wrap-style apartment within...
Haven Realty Capital, J.P. Morgan launch $415 million joint venture
Haven Realty Capital (Haven) and institutional investors advised by J.P. Morgan Global Alternatives have formed a programmatic joint venture to acquire and develop more than $1 billion in new build-to-rent (BTR) communities throughout the...
Berkadia arranges $93.6 million loan for Palm Beach County apartment communities
Berkadia announces it has secured a $93.6 million loan to refinance two multifamily communities located in Palm Beach County: Advenir at Banyan Lake and Advenir at La Costa, both vintage garden-style multifamily assets located...
Cushman & Wakefield arranges sale of Emblem Grayson
Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of Emblem Grayson, a newly built 344-unit multifamily community in the Loganville submarket of Atlanta.
Cushman & Wakefield’s Robert Stickel and Alex...
Single-family rental townhome community in Charleston suburb trades
JLL Capital Markets announced that it has closed the sale of and arranged the acquisition financing for Chamberlain Pines, a 132-unit single-family rental community in the Charleston, South Carolina suburb of Summerville.
JLL represented the...
Cushman & Wakefield arranges sale of Orlando Hotel that will become affordable housing
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $7.1 million sale of Ambassador Hotel, a 155-room building on 2.5 acres located at 929 W Colonial Dr. The hotel was...
