Standard Communities acquires 597-unit mixed-income senior community in Chesapeake, Virginia
Standard Communities, the affordable housing division of Standard Companies, has acquired Chesapeake Crossing, a 597-unit mixed-income senior community in Chesapeake, Virginia. The total capitalization of the transaction is approximately $68 million. Standard is rebranding the...
Cushman & Wakefield arranges multifamily sale on behalf of Novare Group and Fickling &...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Lullwater at Blair Stone, a 244-unit apartment community located in Tallahassee, Florida. Robert Stickel, Alex Brown and Jubeen Vaghefi...
$60 million sale of recently-renovated Highlands Viera West apartments closed
JLL Capital Markets announced that it has closed the $60 million sale of Highlands Viera West, a multihousing property in Melbourne, Florida, just southeast of Orlando. JLL represented the seller, JMG Realty Inc., in completing...
Marcus & Millichap’s Cunningham Group arranges the sale of a 44-unit apartment building
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ball Park Apartments, a 44-unit apartment property located in Palm Springs,...
Cushman & Wakefield arranges $26.3 million sale on behalf of FPA Multifamily
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Haven, a 220-unit apartment community located in Hoover, Alabama. The final sale price was $26.3 million. Andrew Brown,...
Element luxury apartments in Baltimore sold
JLL Capital Markets announced it has closed the sale of Element Linthicum Heights (“Element”), a luxury apartment community located just outside of Baltimore, Maryland. JLL worked on behalf of the seller, JLB Partners, to complete...
JLL advises growing seniors housing owner-operator on two transactions
JLL Capital Markets announced that it has advised CR Properties and Claiborne Senior Living on the sale of The Claiborne at West Lake (Georgia) and secured $9 million of construction financing for The Claiborne...
256-unit multifamily asset sells in Tallahassee
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Seminole Trails, a 256-unit apartment property located in Tallahassee, Fla., according...
Berkadia arranges sale and financing of Class AA multifamily community near Orlando
Berkadia announces it has arranged the $57.75 million sale and $41.75 million financing of Verso Luxury Apartments, a 250-unit community located southwest of Orlando in Davenport, Florida.Managing Directors Matt Wilcox and Brett Moss, along...
IMG announces the sale of a 230-unit townhome property in South Florida for $41.55...
Investors Management Group, Inc. ("IMG") announced that it has sold Waterleaf Townhomes and Apartments, a 230-unit community located at 1900 SE Hillmoor Drive in Port St. Lucie to Covenant Capital Group for $41.55 million....
Comunidad Partners and Nuveen acquire 603-unit affordable multifamily asset in ‘the most diverse square...
Comunidad Partners, a minority and women-owned real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, in partnership with global investment manager Nuveen, has acquired Village at the...
Landmark Properties acquires 898-bed student housing property near Louisiana State University
Landmark Properties, a vertically integrated student housing developer and owner-operator, recently acquired The Exchange at Baton Rouge, a 299-unit, 898-bed student housing property located near Louisiana State University. The Exchange at Baton Rouge is a garden-style...
A 24-unit apartment building sells in the Riverside submarket of Jacksonville, Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Post Street Apartments, a 24-unit apartment property located in Jacksonville, Florida,...
Berkadia arranges sale and financing of Florida multifamily portfolio
Berkadia announces it has arranged the sale and financing for a three-property, 252-unit multifamily portfolio in the Florida Panhandle. Vantage Point Acquisitions acquired the three apartment communities including the 176-unit Crosswinds, 40-unit Crosslake Cove...
Marcus & Millichap’s RPH Multifamily Group closes LIHTC multifamily asset in Immokalee Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Oak Haven Apartments, a 160-unit, Section 42 LIHTC apartment property located...