ZMR Capital acquires multifamily community in Atlanta for $40.1 million
ZMR Capital (ZMR) has acquired Upland Townhomes (Upland), a 348-unit multifamily community in Atlanta, GA for $40.1 million. Upland is ZMR’s third acquisition in the Atlanta metro over the past three years and brings the...
Cushman & Wakefield arranges sale on behalf of Newport Development Partners
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Ellison, a 250-unit apartment community located in Kennesaw, Georgia. Robert Stickel, Alex Brown and Ashlyn Warren of Cushman...
Standard Communities expands its affordable portfolio in South Carolina
Standard Communities, has led a public-private partnership to acquire Osprey Place Apartments in North Charleston, SC. This deal brings Standard’s affordable portfolio in the Charleston area to over 500 units. In February, Standard led a...
ECI Group names Tim Johnson as Vice President of Resident Experience
ECI Group, an Atlanta-based, privately owned, multifamily owner and developer, announces that Tim Johnson, an experienced hospitality industry executive, will join the company as Vice President of Resident Experience. In this role, Johnson will...
Cushman & Wakefield arranges $27.5 million sale to TLR Group on behalf of Coastline...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of River Pointe Apartment Homes, a 212-unit apartment community located in Tampa, Florida. The final sale price was $27.5...
Cushman & Wakefield arranges sale on behalf of Tynes Development
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Station at Town Madison, a 274-unit apartment community located in Huntsville, Alabama. Jimmy Adams and Craig Hey of...
FCP announces sale of Tree Top Apartments in Raleigh, NC for $31.5 million
FCP announces the sale of Tree Top Apartments in Raleigh, NC for $31.5 million. The 206-unit apartment community was acquired by FCP in October 2013 for $10.5 million. The community was 97.1 percent occupied at...
The RADCO Companies announces sale of Spalding Bridge apartment community in Atlanta for $38.525...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Spalding Bridge, a 192-unit multifamily complex located at 47 Spalding Trail NE in Atlanta, Georgia. The property was...
Stonebridge acquires 210-unit Columbia, Maryland apartment community
StoneBridge Investments of Washington, DC, has acquired Gramercy at Town Center, a 210-unit rental apartment community in the heart of fast-growing Columbia, Maryland, for $67 million. Martha Hastings and Bill Roohan of CBRE represented the...
Student-housing community near Kutztown University sells for $20.1 million
JLL Capital Markets announced that it has closed the $20.1 million sale of Edge at Kutztown, a 184-unit/552-bed student-housing community located near Kutztown University in Kutztown, Pennsylvania. JLL marketed the property on behalf of the...
Cushman & Wakefield arranges $21.5 million sale on behalf of Arcan Capital
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $21.5 million sale of two apartment communities totaling 289 units located in Birmingham, Alabama. Andrew Brown, Craig Hey and Parker Caldwell...
Cushman & Wakefield arranges $5.25 million sale on behalf of TCA LLC
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $5.25 million sale of Terrace Court, a 40-unit apartment community located in Birmingham, Alabama. Craig Hey and Jimmy Adams of Cushman...
Cushman & Wakefield arranges sale on behalf of Hawthorne Residential Partners
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of two apartment communities totaling 236 units located in Wilmington, North Carolina. Watson Bryant, Paul Marley and Hunter Bowling of...
Cushman & Wakefield arranges multifamily sale in Charlotte, North Carolina
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Brookson Resident Flats, a 296-unit apartment community located in Charlotte, North Carolina. Jordan McCarley, Marc Robinson and Brooks Colquitt...
Cushman & Wakefield arranges $40.5 million sale of Barrington on the Green
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $40.5 million sale of Barrington on the Green, a 342-unit apartment community located in Hoover, Alabama. Jimmy Adams and Craig Hey...