DLP Real Estate Capital appoints Brian Sheehan to Senior Executive Team
DLP Real Estate Capital, a private financial services & real estate investment firm has hired Brian Sheehan as SVP of Risk and Credit Officer. Sheehan has more than 30 years of banking, credit, asset management...
Quantum Equities buys Washington, D.C., area multifamily property for $76 million
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group has brokered the sale of Admiral Place, a 410-unit, value-add investment property in Morningside, Maryland. AMAC sold the garden-style asset to Quantum Equities for...
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,...