Thursday, May 16, 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.

Sophia Square Apartments

Sale of multihousing community in southern Miami-Dade county closes

JLL Capital Markets announced that it closed the sale of Sophia Square Apartments, a 281-unit, Class A, garden-style apartment community located in southern Miami-Dade county. JLL marketed the property on behalf of the seller, Grand...
Lakeside on Riverwatch Apartments

Capital Square acquires multifamily community near Augusta for DST offering

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in...
Millennium Apartments

IMG continues strategic investments of multifamily properties

Investors Management Group, Inc. (IMG) continued its strategic investments of multifamily properties with the acquisition of Millennium Apartments in Greenville, South Carolina for $64.4 million ($211,000 per unit). Over the past year, IMG has...
Harbourtowne at Country Woods

Berkadia secures $27.69 million loan for acquisition of fractured condos in Palm Harbor, Florida

Berkadia announces it has secured a $27.69 million loan for the acquisition of 161 out of 248 units at Harbourtowne at Country Woods, a fractured condominium community in Palm Harbor, Florida. Senior Managing Director...
Angel Baltimore

Angel Baltimore joins NAA as senior vice president, information technology

The National Apartment Association (NAA) welcomed Angel Baltimore as the new Senior Vice President, Information Technology. Baltimore brings vast technology and leadership experience to NAA. Most recently, she served as the vice president, digital strategy...
Caryle at Godley Station

West Shore acquires two more apartment communities in Georgia

West Shore, a multifamily real estate investment firm, announces its acquisition of two properties in Pooler, Georgia. The Carlyle at Godley Station and The Preserve at Godley Station are upscale apartment communities located less...
FCP The Wel representative structured deal

FCP provides $43.8 million in preferred equity for multifamily in New York, Georgia and...

FCP announces $43.8 million in preferred equity has been invested through its Structured Investments platform in three multifamily properties in New York, Georgia, and Florida. The investments include apartment communities The Wel, an existing property...
19th and Church

JLL secures $133.6 million financing for Nashville multihousing development from Square Mile Capital

JLL Capital Markets announced that it has closed the $133.6 million construction financing of a Class A, 383-unit multihousing development at 1815 Church St. in Nashville’s Midtown neighborhood. JLL worked on behalf of 19th Church...
Tapestry West

Capital Square acquires Class A multifamily community in Richmond, Virginia for DST offering

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Tapestry West, a 262-unit Class A multifamily community in Richmond,...
Carlyle at Bartram Park

PCCP, LLC provides $72.7 million senior loan for the acquisition and renovation of a...

PCCP, LLC has provided a $72.7 million senior loan to Rose Valley Capital, an affiliate of Hampshire Properties, for the acquisition and renovation of Carlyle at Bartram Park, a 336-unit apartment community located at...
Topaz Villas

Lynd-Topaz joint venture sells Jacksonville apartment community for $66 million

Lynd Acquisitions Group (LAG), a division of the Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for...
Austin Estates

Marcus & Millichap arranges the $32.25 million sale of a two-property multifamily portfolio in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a two-property multifamily portfolio in Decatur, Georgia. The properties, Austin Estates...
The Enclave in Town

Sale of Clemson University student housing portfolio closes

JLL Capital Markets announced that it has closed the sale of the two-property, 382-bed / 146-unit, value-add student housing portfolio at Clemson University in South Carolina, consisting of The Enclave in Town and The...
5150 JB Drive Apartments

$76.8 million in financing secured for multihousing community near Nashville

JLL Capital Markets announced that it has arranged $76.8 million in acquisition financing for the 5150 JB Drive Apartments, a 384-unit, luxury, garden-style multihousing community in Murfreesboro, Tennessee within the Nashville MSA. JLL worked on...
Topaz Villas

Berkadia arranges $66 million sale and financing of Jacksonville, Florida apartment community

Berkadia announces it has arranged the sale and financing of Topaz Villas, a 444-unit multifamily community in Jacksonville, Florida. Director Greg Rainey of Berkadia Jacksonville, along with his team, arranged the sale on behalf...
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