Sunday, May 5, 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.

2M Street Apartments

Avanath Capital Management acquires 315-unit high rise apartment community in Washington D.C. for $103.5...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired 2M Street Apartments, a 315-unit high rise apartment community in Washington D.C. The mixed-income apartment tower located north...
Riverland Apartments

Berkadia arranges sale of new luxury apartments in Fort Lauderdale

Berkadia announces it has arranged the sale of Riverland Apartments, a brand new, 276-unit garden-style luxury apartment community located in Fort Lauderdale, Fla. Senior Managing Directors Roberto Pesant and Jaret Turkell, along with Associate...
Rosa Estrada

The Michaels Organization welcomes Rosa Estrada as the new Vice President of Development

Michaels is delighted to welcome new Vice President of Development, Rosa Estrada to our team. She joins us in our Mid-Atlantic Regional office. She is a tenacious problem solver and team and equity builder with...
The Kavista

$60 million in financing secured for a multihousing development in Miami

JLL Capital Markets announced that it has arranged $60 million in construction financing for The Kavista, a 282-unit, eight-story multihousing development located in the El Portal neighborhood of Miami, Florida. JLL worked on behalf of...
Solamar Kissimmee

$35 million non-recourse construction financing secured for build-to-rent townhome development in the Orlando area

JLL Capital Markets announced that it has arranged $35 million in construction financing for the development of Solamar Kissimmee, a 210-unit, build-to-rent townhome community located in Kissimmee, Florida. JLL worked on behalf of the borrower,...
Villas at Kelly Springs

Marcus & Millichap completes multifamily sale in a fastest-growing U.S. city

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Villas at Kelly Springs, a 105-unit multifamily community in Huntsville, Alabama. “Often...
Tuskawilla Park

Franklin Street arranges $11 million sale of mixed-use multifamily property in Orlando

Franklin Street has arranged the $11 million sale of Tuskawilla Park, a 45-unit, 48,780-square-foot mixed-use property in the Orlando suburb of Winter Springs. The property, which includes 41 condo-quality apartments and four ground-floor commercial units,...
Villa San Michele

Marcus & Millichap brokers the sale of an 82-unit apartment complex in Tallahassee for...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Villa San Michele, a 118,508-square-foot, 82-unit student housing property located in...
Promenade at Aloma

Berkadia arranges $32 million refinance of Orlando apartments near University of Central Florida

Berkadia announces it has arranged the $32 million recapitalization of the Promenade at Aloma, a 233-unit multifamily community located in Orlando, Fla. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia...
Lisa Hurd

RADCO appoints Lisa Hurd as Chief Investment Officer

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced Lisa Hurd has been promoted to Chief Investment Officer (CIO). Hurd, who has served with RADCO for nearly a decade, will...
Seth Otey, ZRS Management

Seth Otey joins ZRS Management as Vice President

Multifamily property management firm ZRS Management has announced that Seth Otey has joined the firm as Vice President to oversee its portfolio in the Southeast and Mid-Atlantic regions. He joins ZRS as a counterpart...
Flats at Lansdale

Refinancing secured for a Pennsylvania multihousing community

JLL Capital Markets announced that it has arranged a refinancing for Flats at Lansdale, a 180-unit, luxury multihousing community located in Lansdale, Pennsylvania. JLL worked on behalf of the borrower, a joint venture between White...
Avery Townhomes

FCP acquires Avery Townhomes in Atlanta for $32 million

FCP announces the acquisition of Avery Townhomes in the Atlanta submarket of College Park, GA for $32 million. The 220-unit apartment community at 2609 Charlestown Drive features close proximity to south Atlanta’s largest employment centers,...
The Six

Cushman & Wakefield arranges $28.25 million sale of The Six multifamily community

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Six, a 92-unit apartment community located in Charleston. The sale price was $28.25 million, equating to more...
Walton Crossing

Kairos Investment Management Company acquires 238-unit affordable multifamily property in competitive market of Northern...

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Walton Crossing, a 238-unit affordable multifamily community in the Atlanta metropolitan area of Austell,...
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