New best-in-class Nashville multihousing development sells
JLL Capital Markets announced that it has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multihousing asset in the Wedgewood-Houston neighborhood of Nashville, Tennessee. JLL represented the seller, Westplan Investors. PassiveInvesting.com acquired the...
$19.45 million in financing secured for Maryland multihousing community
JLL Capital Markets announced that it has arranged the $19.45 million in acquisition financing for River Bay Townhomes, a 173-unit, value-add multihousing community in Lexington Park, Maryland. JLL represented the borrower, Linden Property Group, to...
Newmark announces $70.5 million multifamily sale in one of Nashville’s fastest-growing suburbs
Newmark announces the $70.5 million sale of Reserve at Oakleigh—a 246-unit, 2017-built multifamily community located in Antioch, Tennessee. Newmark Executive Managing Directors Vincent Lefler and Tarek El Gammal represented the seller, Cedar Grove Capital,...
Capital Square promotes Sydney Hockaday to Vice President of Marketing
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the promotion of Sydney Hockaday to vice president of marketing. “Sydney has done a...
CP Capital US to develop ‘NOVEL Independence Park’ in Tampa, Florida with Crescent Communities
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, announced a joint venture with Crescent Communities, a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities, to...
Dominium acquires Willow Creek Apartments in Mount Juliet
Dominium, a leading national affordable housing owner, developer and manager, announced today that it has acquired Willow Creek Apartments in Mount Juliet, Tennessee, a 144-unit affordable housing development built in 1997. Dominium is committed to...
Middleburg Communities announces sale of Vesta Camp Creek in Atlanta, Georgia
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development, construction, and management firm announces the sale of Vesta Camp Creek, a 220-unit apartment community at 5100 Welcome All Road in Fulton County in...
Berkadia arranges sale of Fractured Condo in Hollywood, Florida
Berkadia announces it has arranged the acquisition of 160 out of a total 192 condominium units at Luna at Hollywood, a four-story condominium property located in a suburban neighborhood in Hollywood, Fla. Director Yoav...
ZMR Capital acquires fourth multifamily property in Tampa MSA
ZMR Capital has acquired in an off-market transaction Preserve at Riverwalk, a 300-unit multifamily property located in Bradenton, Florida. Built in 2018, the property is located near the Bradenton Riverwalk, which consists of 2.5 miles...
Institutional Property Advisors facilitates Orlando luxury rental complex sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of NORA, a six-story, 246-unit multifamily building with 9,263 square feet of ground floor retail in Downtown Orlando’s North Quarter district. “With...
Magma Equities continues to expand its holdings in North Carolina with $23.7 million acquisition...
Magma Equities (Magma) in joint venture with Prudent Growth Partners (Prudent Growth) has acquired Keystone Apartments (Keystone), a 202-unit multifamily community in Fayetteville NC, in an off-market transaction for $23.675 million. Magma is one of...
Vivo Investment Group acquires 710-hey hotel complex in Baltimore, Maryland
Vivo Investment Group (Vivo) has acquired the dual branded Holiday Inn and Radisson Hotel in Downtown Baltimore’s Inner Harbor with plans to convert the twin tower high rise property into a multifamily community. The vacant...
Cushman & Wakefield arranges $121 million sale of Gates 4 Multifamily portfolio
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $121 million sale of the Gates 4 Portfolio, a collection of four multifamily properties located in Fairhope, Daphne and Mobile,...
Capital Square appoints branding and marketing veteran, Jacqueline Rogers, as Chief Communications Officer
Capital Square, a national investment sponsor specializing in tax-advantaged real estate investments, announced that Jacqueline Rogers has joined the firm as chief communications officer. Rogers built her career at several of the most influential companies...
Cushman & Wakefield arranges sale of Tampa Bay Metro Area’s second largest multifamily community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Reserve at Brandon, a 982-unit multifamily community located at 1918 Plantation Key Circle in Brandon, Florida. Nick Meoli and Mike...
