FCP announces $25 million acquisition of Modera Academical Village multifamily development site supporting 793...
FCP and joint venture partner Mill Creek Residential Trust (Mill Creek) announce the $25 million acquisition of the Modera Academical Village development site within the Academical Village master plan and adjacent to Nova Southeastern University...
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...