Newmark announces $56 million multifamily sale in Murfreesboro, Tennessee
Newmark announces the $56 million sale of Campus Crossings, a 252-unit multifamily community in Murfreesboro, Tennessee. Newmark Managing Directors Vincent Lefler and Tarek El Gammal represented the seller, ApexOne Investment Partners (ApexOne), a real...
Magma Equities purchases 111-unit multifamily asset in Charlotte, NC metro for $17.75 million
Magma Equities (Magma) in joint venture with Prudent Growth Partners (Prudent Growth) has acquired The Oaks Apartment Homes (The Oaks), a 111-unit garden-style multifamily community in the Charlotte metro submarket of Lincolnton, NC, in...
Franklin Street arranges $11.5 million sale of 57-unit multifamily property in North Miami
Franklin Street has arranged the sale of Northview Terrace, a 57-unit, 41,400-rentable-square-foot multifamily property in North Miami, Florida, for $11.5 million, or $201,754 per unit. Franklin Street’s South Florida Multifamily Investment Sales Team of Ryan...
Franklin Street arranges sale, financing and insurance for 30-unit multifamily asset in South Florida
Franklin Street has arranged the sale of Jupiter Palms, a 30-unit, 18,872-square-foot multifamily property in Jupiter, Florida, for $5.8 million, or $307.37 per square foot. The property was 100 percent occupied at the time...
Cushman & Wakefield arranges sale of Paces at the Estates
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Paces at the Estates, a 270-unit multifamily property located in Opelika, Alabama. Andrew Brown of Cushman & Wakefield and Brian...
Eric Adams addresses housing
The administration of Mayor Eric Adams recently released a plan to address housing issues in New York City . It is called “Housing Our Neighbors: A Blueprint for Housing and Homelessness”. The document is...
Capital Square acquires multifamily community near Asheville, North Carolina, for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of mixed-use multifamily communities, announced the acquisition of Retreat at Arden Farms Apartments, a 312-unit apartment community...
Avanti Residential acquires $181 million Soleste Grand Central apartments in Miami
Denver-based Avanti Residential has acquired Soleste Grand Central, a newly built luxury 360-unit apartment community in downtown Miami. Avanti purchased the Class A multifamily community for $181 million from The Estate Companies, who developed...
Cushman & Wakefield arranges sale of Solis Cumming
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Solis Cumming, a 320-unit multifamily property in a suburb north of Atlanta, Georgia. Cushman & Wakefield’s Robert Stickel and Alex...
American Landmark acquires apartments in Atlanta
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired 2050 Morningside, a 198-unit apartment community located in the Morningside/Lenox Park neighborhood of Atlanta, Ga. “2050 Morningside is a...
Cushman & Wakefield arranges sale of Park on 23rd
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Park on 23rd, a 98-unit multifamily property located in the Pell City neighborhood of the Birmingham metro area. Cushman &...
Cushman & Wakefield arranges sale & financing of Oasis at Belmont multifamily community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Oasis at Belmont Park, a 234-unit apartment community located in Manatee County at 4300 18th St. W. Nick Meoli and...
Cushman & Wakefield, Commercial Kentucky arrange sale of Veranda at Norton Commons
Cushman & Wakefield and its alliance member Commercial Kentucky announced that they have arranged the sale of Veranda at Norton Commons, a 236-unit multifamily property in northeast Louisville. Mike Kemether of Cushman & Wakefield along...
Magma Equities eclipses $500 million in multifamily investment volume in 2022 with largest single...
Magma Equities (Magma) has acquired the recently completed Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, North Carolina, in an $83 million off-market transaction. This represents Magma’s fourth apartment investment of the year...
Capital Square acquires 12th multifamily community near Richmond, Virginia, for DST offerings
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 Hunter’s Chase, a 320-unit apartment community in the Richmond suburb...