Tuesday, May 7, 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.

The Exchange at Baton Rouge

Landmark Properties acquires 898-bed student housing property near Louisiana State University

Landmark Properties, a vertically integrated student housing developer and owner-operator, recently acquired The Exchange at Baton Rouge, a 299-unit, 898-bed student housing property located near Louisiana State University. The Exchange at Baton Rouge is a garden-style...
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...
Ashford on the Lake

The RADCO Companies announces $47 million sale of Ashford on the Lake in Florida

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford on the Lake, a 292-unit apartment community located at 3975 Country Place Lane in Palm Harbor,...

WINLYND purchases apartment portfolio in Florida’s Panhandle for nearly $36 million

WINLYND LLC has acquired 1,031 apartments out of foreclosure located in Florida’s Panhandle for $35.68 million. The lender, Bank of Oklahoma, held six separate auctions.  WINLYND won three of them and acquired a fourth...

Cushman & Wakefield’s arranges $82 million multifamily sale

Cushman & Wakefield has arranged the $82 million sale of Overton Row, a 323-unit apartment community located in Charlotte, North Carolina. Marc Robinson, Jordan McCarley and Watson Bryant of Cushman & Wakefield represented the...
Ivy and Green

Hornrock Properties Launches Leasing for Next Phase of Ivy and Green in Downtown Hackensack

Leasing has commenced for the second phase of luxury rental residences at Ivy and Green, meeting the increased demand for additional living spaces within the popular residential community that made its debut last year...
The Estates at Countryside

Tampa-St. Petersburg MSA multifamily asset brokered by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Estates at Countryside, a 320-unit turnkey multifamily asset in Clearwater, Florida. The property sold for $56.7 million, which is equal...
Osprey Pointe Apartments

Franklin Street arranges $56 million sale of 517-unit St. Petersburg, Florida multifamily community

Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach...
President Street

Greenbrook Partners Complete $3M Convent to Apartment Renovation Project on President Street in the...

Greenbrook Partners, a privately-held, vertically integrated real estate operating and investment company headquartered in New York City, announces the completion of a transformative residential project at 784 and 786 President Street in the heart...
Ashford Townes BFR Housing

Capital Square fully subscribes DST offering of multifamily build-for-rent community near Raleigh, North Carolina

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that its offering, CS1031 Ashford Townes BFR Housing, DST, has been fully...
Avana Cypress Creek Apartments

FCP announces acquisition of 220-unit, Avana Cypress Creek Apartments in North Lauderdale, Florida

FCP announces the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, Florida. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom...
Woodmont Way at West Windsor

JLL Arranged the Refinancing for the 443-unit Woodmont Way at West Windsor in New...

JLL Capital Markets announced that it has arranged permanent financing for Woodmont Way at West Windsor, a 443-unit, garden-style, luxury multi-housing community located in West Windsor, Mercer County, New Jersey. JLL represented the borrower, Woodmont...

HUD funds COVID-19 related fair housing activities

The U.S. Department of Housing and Urban Development (HUD) announced it is awarding $1.5 million in Partnership and Special Enforcement Effort funds to HUD Fair Housing Assistance Program (FHAP) agencies to support COVID-19 education...

Cushman & Wakefield represents Lohman Apartments in $11.2 million sale of 140-unit Orlando multifamily...

Cushman & Wakefield has arranged the sale of Orlando Sky Apartments, a 140-unit, garden-style rental property in West Orlando. The asset sold for $11.2 million, or $80,000 per unit. Executive Director Mike Donaldson and Executive...
Edition on Oberlin

Mesa West provides The Preiss Company with $97.7 million to finance acquisition of two...

Mesa West Capital has provided a joint venture between The Preiss Company (TPCO) and an institutional equity partner with $97.7 million in first mortgage debt to finance two separate multifamily acquisitions in Raleigh, NC....
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