Monday, April 29, 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.

Appling Lakes

Fogelman Properties acquires 312-unit apartment community in Memphis, Tennessee

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of Appling Lakes, a 312-unit apartment community in Memphis, Tennessee. Built in 1997, Appling Lakes...
Ascot Place

Marcus & Millichap completes dual multifamily asset sale in Birmingham

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Onyx at 600 and Ascot Place Apartments, two multifamily properties, totaling...
Archer Road Portfolio

Cushman & Wakefield arranges sale of the Archer Road portfolio

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of the Archer Road Portfolio, a collection of five multifamily properties across several submarkets in Gainesville that total 582 units. Nick...
Element at Stonebridge

American Landmark acquires apartments outside Richmond, Virginia

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Element at Stonebridge, a 400-unit apartment community located in Chesterfield, Va., just south of Richmond. This marks American Landmark’s...
Sonoma Pointe

ZMR Capital acquires fourth Orlando multifamily community of 2022

ZMR Capital has acquired Sonoma Pointe, a 216-unit garden-style multifamily community in the Kissimmee submarket of Orlando, Florida, in an all-cash deal. The Tampa-based real estate investment company increases its Orlando apartment portfolio to...
Enclave at St. Lucie West

Berkadia arranges refinance of townhome complex in Port St. Lucie, Florida

Berkadia announces it has arranged the $17.87 million recapitalization of The Enclave at St. Lucie West, a 91-unit townhome complex in Port St. Lucie, Fla. Senior Managing Director Mitch Sinberg, Managing Director Matt Robbins...
Oaks St Clair

$302 million capitalized for refinancing of a six-property multihousing portfolio

JLL Capital Markets announced that it secured $262 million in debt and $40 million in equity for the refinancing of a six-property, 1,494-unit, garden-style multihousing portfolio scattered across Maryland, Virginia and Alabama. JLL represented the borrower,...
Wright Apartments

Marcus & Millichap announces $24 million sale of Winchester Virginia Apartments

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Pine Plaza and Wright Apartments, a 195-unit apartment portfolio located in...
Grand Reserve Apartment Homes

Florida multihousing community sells for $70.6 million

JLL Capital Markets announced that it has closed the $70.6 million sale and arranged the debt and equity financing totaling $65 million for Grand Reserve Apartment Homes, a 263-unit, two-story, value-add multihousing community in...
The Westcott

Berkadia arranges sale of garden-style apartment community in Tallahassee, Florida

Berkadia announces it has arranged the sale of The Westcott, a 444-unit garden-style apartment community located in Tallahassee, Fla., along the state capital’s main east-west thoroughfare, the Apalachee Parkway. Managing Director David Etchison, Senior...
Arbors at Carollwood

Berkadia arranges $64.1 million loan for acquisition of multifamily property in Tampa

Berkadia announces it has arranged financing for the acquisition of 325 units at Arbors at Carollwood, a core-plus opportunity within the highly sought-after Carollwood submarket of Tampa, Fla. Senior Managing Director Mitch Sinberg and...
Wellington Townhomes

iBorrow provides $11.6 million in financing for acquisition of 92-unit multifamily property in Atlanta...

iBorrow, a nationwide private direct lender for commercial real estate, has provided an $11.6 million loan to enable the acquisition of Wellington Townhomes, a 92-unit multifamily community in the College Park neighborhood of Clayton County, Georgia, according to Brian Good, CEO of iBorrow. “iBorrow identified...
Residences at Lakeview

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...
Paradise Cay Apartments

Franklin Street arranges $34 million sale of value-add multifamily property on Florida’s East Coast

Franklin Street has arranged the sale of Paradise Cay Apartments, a 197-unit, 216,466-rentable-square-foot multifamily property in Melbourne, Florida, for $34 million, or $172, 588 per unit. Franklin Street’s Tampa Multifamily Investment Sales Team of Darron...
Seleno at Bridge Street

Cushman & Wakefield arranges sale of Seleno at Bridge Street

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Seleno at Bridge Street, a 244-unit multifamily property located in Huntsville, Alabama. Cushman & Wakefield’s Craig Hey and Andrew Brown...
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