Capital Square acquires Class A multifamily community near Miami for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the...
Capital Square promotes Mark Mercado to Executive Vice President, Investment Programs & Operations
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the promotion of Mark Mercado to executive vice president, investment programs and operations.
“I...
Franklin Street arranges $10.8 million sale of value-add multifamily property in Tampa, Florida
Franklin Street has arranged the sale of French Quarter Apartments, a 57-unit, 50,585-square-foot multifamily community in Tampa, for $10.75 million, equating to $188,596 per unit.
Franklin Street’s Tampa Multifamily Investment Sales Team of Avery Jordan,...
The Praedium Group acquires Versol in Bonita Springs, Fla.
The Praedium Group (Praedium), a national real estate investment firm, announced the acquisition of Versol, a 240-unit suburban multifamily property in Bonita Springs, Fla. located between the growing Naples and Fort Myers markets. Chris Hughes, Principal...
ECI Group announces sale of The Columns at Timothy Woods Apartments in Athens, Georgia
ECI Group (ECI) announces the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, Georgia to Fogelman Properties. The 204-unit, 1996-vintage community was acquired by ECI in April 2019....
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group hires second Nashville broker, continues local expansion
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group announced it has hired Tyler Mayo as Managing Director to support the firm’s brokerage activities throughout Tennessee.
Mayo joins Ian Anderson, who was hired as the Sunbelt Multifamily...
Sale of mixed-use community in Atlanta MSA closes
JLL Capital Markets announced that it has closed The Fieldhouse, a 252-unit, Class A, mid-rise, multihousing community with 10,112 square feet of commercial space located within the Atlanta MSA in Lawrenceville, Georgia. The property...
Cushman & Wakefield arranges $92 million in refinancing for Aura Boca
Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to institutional investors advised by J.P. Morgan Global Alternatives in the procurement of $92,000,000 of financing for Aura Boca, a...
Berkadia arranges $36 million loan for acquisition of Cube WYNWD
Berkadia announces it has secured a $36.18 million loan for the acquisition of Cube WYNWD, a boutique Class-A building in Miami’s Wynwood neighborhood. Managing Director Scott Wadler of Berkadia Miami secured the financing on...
Joint venture of PCCP, LLC and The Bainbridge Companies, LLC to develop a 411-unit...
PCCP, LLC and The Bainbridge Companies, LLC are pleased to announce a joint venture for the ground-up development of Bainbridge Wesley Chapel, a 411-unit, Class A, garden-style apartment community located along State Road 56...
RADCO acquires Solis Reynolds Place in Atlanta; Multifamily property rebranded as Lyra by Radius
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of Solis Reynolds Place, a newly constructed 228-unit multifamily asset located in Duluth, Georgia, a northeast Atlanta suburb.
The...
Criminal background checks out in NYC?
A measure called the Fair Chance for Housing Act is under consideration by the New York City Council. It would ban the use of using criminal background checks to screen residents in most cases....
Trophy Northern Virginia multihousing community trades for $141 million
JLL Capital Markets announced that the $141 million sale of The Avant, a 359-unit, trophy multihousing community located in Reston, Virginia, has closed.
JLL represented the seller, Boston Properties, and secured acquisition financing on behalf...
Charlotte multihousing asset trades for $91 million
JLL Capital Markets announced that it has closed the $91 million acquisition of and the $60.3 million financing for Abberly NoDa Vista (formerly known as Live at NoDa), a 261-unit, five-story, wrap-style apartment within...
Haven Realty Capital, J.P. Morgan launch $415 million joint venture
Haven Realty Capital (Haven) and institutional investors advised by J.P. Morgan Global Alternatives have formed a programmatic joint venture to acquire and develop more than $1 billion in new build-to-rent (BTR) communities throughout the...
