Friday, May 17, 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.

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...
Hamlet Cove Apartments

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...
TwentyNine 24 Brookhaven

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,...
The Village at Boca East

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...
Shadow Ridge

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...
Osprey

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...
The Alden

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...
Timberchase

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 &...
Hanley Place Apartments

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...
Village at Boca East

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...
Ben Jacobson

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...
Alexan Earl

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...
Preserve at Clearwater

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...
Queen City Townes

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...
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