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...
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...
Cushman & Wakefield represents DLS Partners in $13 million sale
Cushman & Wakefield announced that Executive Directors Nick Meoli and Mike Donaldson have represented DLS Partners in its disposition of Hamlet Cove, a multifamily community in Gainesville, Florida. Greenberg Apartment Communities acquired the asset...
CGI+ acquires 712-unit apartment portfolio in Atlanta for $144.75 million
In what is believed to be the largest multifamily transaction in Atlanta in 2021, CGI+ Real Estate Strategies (CGI+), in partnership with a family office, has acquired a two-property, 712-unit multifamily portfolio in Atlanta,...
Cushman & Wakefield arranges $20 million sale on behalf of 3T Country Club Village...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Village at Boca East, an 84-unit apartment community located in Boca Raton, Florida. The final sale price...
Cushman & Wakefield represents Chandler Residential in Metro Atlanta multifamily sale
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Shadow Ridge, a 294-unit apartment community in Riverdale, Georgia. Mike Kemether, Travis Presnell and James Wilber of Cushman & Wakefield...
Cushman & Wakefield arranges sale on behalf of Toll Brothers Apartment Living
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Osprey, a 320-unit apartment community located in Atlanta. Robert Stickel, Alex Brown and Ashlyn Warren of Cushman & Wakefield...
Cushman & Wakefield arranges sale of student housing planned for conversion to conventional apartments
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Alden, a 176-unit, 528-bed student housing apartment community located in Birmingham, Alabama. Travis Prince, Shawn Lubic and Victoria...
Cushman & Wakefield arranges $7.1 million sale on behalf of Morrison Avenue Capital Partners
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $7.1 million sale of Timberchase, a 94-unit apartment community located in Birmingham, Alabama. Craig Hey and Parker Caldwell of Cushman &...
Berkadia arranges $56.89 million acquisition loan for 400-unit community in Tampa, Florida
Berkadia announces it has secured $56.89 million in financing for the acquisition of Hanley Place Apartments, a 400-unit community in Tampa, Florida. Managing Director Brad Williamson of Berkadia Miami and Associate Director Wesley Moczul...
Berkadia secures $12 million in acquisition financing for 84-unit community in Boca Raton, Florida
Berkadia announces it has arranged $12 million in financing for the acquisition of The Village at Boca East, an 84-unit multifamily community in Boca Raton. Senior Managing Director Mitch Sinberg and Associate Director Matthew...
Trez Capital promotes Ben Jacobson to Managing Director, Florida office
Trez Capital, a private real estate lender helping to build better communities across North America, promoted Ben Jacobson to Managing Director of the Florida office. Jacobson previously served as a Vice President, Origination. In...
Sale of new multihousing community in Arlington closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Alexan Earl, a 333-unit, trophy-quality, multihousing community in the suburban Washington, D.C. community of Arlington, Virginia. JLL marketed the...
Scenic, amenitized senior living property sold in Clearwater
JLL Capital Markets announced that it closed the sale of The Preserve at Clearwater, an assisted living and memory care property located in Clearwater, Florida. JLL represented the seller, a joint venture between Solera Senior...
Haven Realty Capital adds 260 homes to BTR portfolio with acquisitions in Atlanta and...
Haven Realty Capital has added three new dedicated rental communities to its institutional single-family rental (SFR) and build-to-rent (BTR) portfolio with the acquisition of housing developments currently under construction in Atlanta and Charlotte. The...