Thursday, May 2, 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.

Vesta Bouldercrest

Middleburg Communities reaches stabilization on fully renovated and repositioned 956-unit Atlanta workforce housing portfolio

Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development and management firm, has reached stabilization on the substantial renovation, repositioning and leasing of three workforce housing apartment communities totaling 956 units in the...
Hapimag Orlando Lake Berkley Resort

Avison Young closes $14.28 million sale of Hapimag Orlando Lake Berkley Resort in Kissimmee,...

Avison Young’s Capital Markets Group completed the $14.28 million sale of Hapimag Orlando Lake Berkley Resort, a boutique residential community comprised of 100 townhomes at 1010 Park Ridge Circle in Kissimmee, Florida, and two...
Kite House at The Parks at Walter Reed

$37.308 million financing arranged for new luxury condominiums in Washington, D.C.

JLL Capital Markets announced that it has arranged $37.308 million construction financing for the development of Kite House at The Parks at Walter Reed, a 109-unit condominium development with 11,000 rentable square feet of...
Monty

Cushman & Wakefield arranges multifamily sale on behalf of Greystar Real Estate Partners &...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Monty, a 300-unit apartment community built in 2021, located in North Charleston, South Carolina. Tai Cohen, Jordan McCarley and...
San Mateo Crossing

Berkadia arranges sale and financing of new Class AA luxury apartments in Orlando metro...

Berkadia Institutional Solutions, powered by Moran, announces it has arranged the sale of San Mateo Crossing, a 352-unit, Class AA luxury, garden-style apartment community located in Kissimmee (Orlando MSA), Florida. Managing Directors Brett Moss...
Tecela Little Havana

Infill multihousing community in Miami’s Little Havana area sells

JLL Capital Markets announced that it has closed the $4.1 million sale of Tecela Little Havana, a 16-unit, newly developed, small-scale, urban, infill multihousing community in the Little Havana neighborhood of Miami, Florida.  JLL marketed...
Meadowbrook

Cushman & Wakefield arranges $6.82 million sale on behalf of Arch Companies

Cushman & Wakefield announced the commercial real estate services firm has arranged the $6.82 million sale of Meadowbrook, a 60-unit apartment community located in Foley, Alabama. Andrew Brown and Craig Hey of Cushman & Wakefield...
The Proper

DivcoWest and Blackfin purchase 384-unit Raleigh multifamily community

A partnership between DivcoWest and Blackfin Real Estate Investors has completed the purchase of The Proper, a 384-unit residential community located at 403 Wolf Creek Circle in Raleigh, North Carolina. Built as high-end student...
Summer Breeze

Senior living community trades for $18 million in Savannah

JLL Capital Markets announced that it has closed the $18 million sale of Summer Breeze, a 79-unit independent living, assisted living and memory care community on Wilmington Island in Savannah, Georgia.  JLL represented the seller,...
Central Oak Apartments

Franklin Street achieves record pricing for South Atlanta multifamily asset

Franklin Street has arranged the sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, Georgia, a fast-growing submarket just south of Atlanta. The 90-unit asset sold $8,640,000, achieving record pricing for...
Livingston Apartment Flats

Capital Square 1031 acquires another newly constructed, trophy multifamily community in Greater Richmond, Virginia

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the acquisition of Livingston Apartment Flats, a Class A, 307-unit multifamily community in the...
The Moderne at Providence

Cushman & Wakefield arranges multifamily sale on behalf of RAS Realty Partners

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of The Moderne at Providence, 300-unit apartment community located in Huntsville, Alabama. Jimmy Adams and Craig Hey of Cushman & Wakefield...
Windermere Trails

Haven Realty Capital adds to single family rental portfolio with $23 million acquisition of...

Haven Realty Capital has expanded its Single Family Rental portfolio after closing on the completed first phase of its $23 million acquisition of Windermere Trails, a 54-home dedicated rental community (DRC) now under construction...
Northside at Merrimon

Beach Real Estate Funds acquires Asheville, North Carolina apartments

Beach Investment Fund LP, through its manager, Beach Real Estate Funds (BREF), both affiliates of The Beach Company, announced the July 29 acquisition of The Northside at Merrimon (Northside), a 166-unit garden-style multifamily community...
Frank Nelson Building

Parkview Financial provides $25.5 million construction loan for adaptive reuse of historic 10-story building...

Parkview Financial announced it has provided a $25.5 million construction loan to Orchestra Partners Development for the conversion of the Frank Nelson Building in Birmingham, AL. The 10-story, 79,000-square-foot (sf) historic office building will...
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